Providing easy access to credit for non-bankable entrepreneurs
Livestock & Poultry Loan (LPL)
We offer financing from PHP 5,000 up to PHP 300,000! We provide working capital to micro-entrepreneurs with one year business experience.
Frequently Asked Questions
What types of livestock and poultry projects are eligible for loans from your organization?
Piggery
How can I apply for a livestock or poultry loan with your NGO?
Kindly contact us (036) 520-7185 or visit our office at 2502 Burgos Street Ilawod, Roxas City, Capiz.
What are the eligibility criteria for borrowers seeking livestock and poultry loans?
Must have at least 1 hectare Riceland, 64 years old below and have other source of income.
Tenants are also eligible for loan.
What documentation and information will I need to provide as part of the loan application process?
Have fatteners/ Sows
What is the maximum and minimum loan amount that I can apply for to support my livestock or poultry project?
15,000.00 per Sows up to 100,000.00
What is the interest rate for livestock and poultry loans, and how is it calculated?
40% per annum
What is the loan repayment term, and are there flexible repayment options available?
Lumpsum up to 6 months
Can I apply for additional loans in the future if my livestock or poultry project expands or requires further investment?
Yes! It will undergo credit and background investigation.
Are there any collateral requirements for livestock and poultry loans?
If needed.
How long does it typically take to receive a loan decision after applying?
3 to 5 days upon submission of complete documents.
What can I use the loan funds for within my livestock or poultry project?
Piggery inputs/feeds
Are there any specific training or support services provided to borrowers to enhance the success of their livestock or poultry projects?
Yes! We provide support training
Can I apply for additional loans in the future if my project expands or requires further investment?
Yes!
What happens if I encounter difficulties repaying the loan for my livestock or poultry project? Are there any grace periods or options for loan restructuring?
None
Are there any penalties or fees associated with early loan repayment for livestock or poultry projects?
No! We give discount for early payments 11 days and more.
Are there any restrictions on the geographic areas where you provide livestock and poultry loans?
Yes! Because we have branches all over Panay with respected areas covered.
Do you offer any insurance or risk mitigation services for livestock and poultry projects?
No! But we give life insurance.
What happens in case of disease outbreaks or unforeseen circumstances affecting my livestock or poultry project's viability?
Partner can request to apply cbu as payment
How can I get in touch with your organization if I have more questions or need assistance with my loan application for livestock or poultry projects?
Just visit the nearest branches we have.