Barangay Official Loan
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Last Update a year ago
Q: Who is eligible for this loan?
A: Only Barangay Officials of Talibon under a formal Memorandum of Agreement (MOA).
Q: What are the terms?A:
- Interest rate: 2% per month
- Maximum term: 2 years
- Default penalty: 5% on unpaid installments
A: Based on the official's current honorarium to ensure it remains within their financial capacity.