A loan product designed for farmers and fisher folks or agricultural corporations/institutions to be used as additional capital; purchase of raw materials (seedlings, fertilizers, fishing equipment/machineries) and other related agricultural purposes.
Available in all Mactan Bank Offices. | |
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Max. Loanable Amount | A minimum P50,000 and the maximum availment is based on SBL both for individual and corporate borrowers. |
Interest Rate | 15-18% per Annum (Diminishing Method) |
Max. Term | 5 years |