Quedan & Rural CreditGuarantee Corporation

QUEDANCOR

Agricultural CreditGuarantee forRural Productivity -

Food and AgriculturalRetail Enterprises

Agri-Fishery and

Livelihood Project

34 Panay Avenue, Quezon CityTel. no.: 376 4790Telefax: 376 4786

e-mail: pio_quedancor@yahoo.com

Text Hotlines:0999-7249955 - Smart0927-9217989 - Globe

To augment the working capital of small retail

enterprises engaged in distributing, packaging

or repackaging of raw, semi-processed or fully

processed agricultural aquatic, poultry,

livestock and other agri-related commodities

and supplies.

GENERAL ELIGIBILITY

REQUIREMENTS:

Must be at least 18 years old but not to exceed

64 years old upon loan maturity

Must be registered/licensed by an appropriate

government agency

Barangay Permit Mayor's Permit DTI's Registration BMBE Registration NFA License, if engaged in grains retailing

Bonafide stall holder or lessee

No current /past due loan under other

Quedancor programs

LOANABLE AMOUNT:

Initial loanable amount is up to for non-

collateralized loans.

The borrower shall be allowed to avail of a bigger loan

amount after at leastwith good repayment record as indicated

below, subject to security arrangement and as

determined/evaluated by Quedancor Credit Assessment

Group (CAG).

two (2) availments/transactions

P 25,000.00

TERMS OF PAYMENT:

MODES OF PAYMENT:

INTEREST:

SERVICE FEE (SF):

Generally, the term of loan shall be payable within

(

but not to exceed

The loan shall be payable in weekly, monthly or

quarterly amortizations.

Interest rate is two percent per month to be

amortized within the term of the loan.

Service fee of the loan amount.

Service fee for the first year shall be deducted from the

loan proceeds while SF for the succeeding year/s shall

be collected every anniversary date of loan.

three 3) months, six (6) months or one (1) year

depending on the amount of loan

three (3) years.

is 3% per annum

(2%)

Maximum Number ofLoanable Amount Transactions

P 50,000.00 After two (2)P 75,000.00 After four (4)P 100,000.00 After six (6)

OTHER FEES:

SECURITY ARRANGEMENTS:

Group Credit Life Insurance

Documentary Stamps

Application Fee

Notarial Fee

The loan may be secured by any or a combination

of the following:

- Deed of Assignment of Bonds/ Risk-FreeAssets such as Time Deposits, GovernmentSecurities, Investments and the like;

- Continuing Deed of Assignment of Stocks-In-Trade with Trust Receipt Agreement,and/or

- Co-Makers with existing source of incomesuch as salaries, business income, OFWremittances and the like.

- Real Estate Mortgage (REM);- Continuing Deed of Assignment of Stocks-

In-Trade with Trust Receipt Agreement;- Deed of Assignment of Bonds/ Risk-Free

Assets such as Time Deposits, GovernmentSecurities, Investments and the like;

- Deed of Assignment of acceptable shares ofstocks in Government and privatecorporations; and/or

- Chattel Mortgage of machinery/ equipment/facility subject of the loan or directly relatedto the project.

- Post Dated Checks (PDCs)

For Loans up to P100,000.00

For Loans Above P100,000.00

Other requirement for loans above P50,000.00

GENERAL DOCUMENTARY

REQUIREMENTS:

Application for loan and accreditation with two2 x 2 pictures of individual applicant/co-maker/s

Photocopy of Mayor's/Barangay's permit/

license/registration, NFA License (if engaged in

grains retaling), Lease of Contract or Stall Award,

whichever is applicable.

Certified copy of latest income and business tax

returns duly stamped and received by the

Bureau of Internal Revenue (BIR) and validated

copy of Revenue Official Receipt (ROR) for tax

payments made for amount of income

P10,000.00 and above.

Original/Photocopies of Co-Maker's Documents:

Co-Maker's Statement Residence Certificate Sketch of residence address

AMORTIZATION OF LOAN:

Borrowers may pay the loan amortizations directlyto LE, or may deposit its payment to SavingsAccount (SA) maintained with the LE.

The LE shall issue the corresponding OR/debitadvice to acknowledge payments made by theborrower.