CBMPC Avails Credit Line with SB Corporation

On December 16, 2024, CBMPC availed from the P5.0 Million approved credit line with the Small Business Corporation benefitting its entrepreneur members with a low interest rate of 8% per annum. The initial batch of loan beneficiaries consisted of three coop borrowers with total loans granted amounting to P855,160.00 as of January 28, 2025 with different due dates.

The SB Corporation is a government financial institution created in January 1991, which has the primary responsibility of implementing comprehensive policies and programs to assist micro and small medium enterprises in all areas, including but not limited to finance and information services, training and marketing.