Board OKs Calamity Loan for Members

The CBMPC Board has recently approved the availment of calamity loan by members to help them get on their feet after the calamity struck them.

The loan program is open for regular and associate members who have no history of past due loans and whose residence is located within the area affected by calamity. Members must also indicate their source of repayment.

Eligible borrowers can avail of this calamity loan up to P50,000.00 (for approval of the Credit Committee) or above P50,000.00 (for approval of the Board). The loan is payable in 24 monthly amortizations at an interest rate of 8% per annum. Availment of the loan is up to December 31, 2025.

For inquiries, contact CBMPC at cellphone nos. 0997-077-5851, 0932-202-8150 or through the Cbmpc Coop II messenger account.