Loans

Join Sesigo SACCOS Today!
Requirements:
• Shares: P500 (refundable)
• Admin Fee: P50
• Minimum Savings: P500 per month
• Waiting Period Before Borrowing: 3 months

Benefits of Membership:
• Access to affordable loans
• Attractive savings schemes
• Funeral scheme with no age limit
• Retirement & long-term security
• NextGen Savings for your kids

Build Your Future with an Ordinary Loan
Maximum Amount: Up to P350,000 (depending
on savings)
• Repayment Periods:
o Up to P100,000 → 3 years / 78 pay periods
o Above P100,000 → 5 years / 130 pay periods
• Interest Rate: 15% per annum (0.5769% per pay
period, reducing balance)
• Eligibility: Minimum 6 pay periods of savings
• Requirements: Must keep P250 minimum
savings each month

Support in Times of Urgency
• Maximum Amount: Up to P50,000
• Repayment Period: 6 months / 12 months
• Interest Rate: 12% per annum (0.4615% per
pay period, reducing balance)
Uses Covered:
• Medical expenses
• Court fees
• School fees
• Repair costs
• Bereavement
• Other genuine emergencies

Quick Cash When You Need It Most
•Loan Range: P500 – P6,000 (depending on net salary
ability to pay)
• Repayment Period: 60 days / 4 pay periods (2
months) plus one month grace period to pay
• Interest Rate: 10% fixed per loan

Conditions:
•If unpaid after 3months/ 6 pay period’s → you are
charged 10% penalty on the balance for three consecutive months and suspended on the last month.
• Default = 3month suspension from this loan

FEATURES
•6% straight-line interest &1.5% admin fee
• 1.5% admin fee
• Repayment period: 8 to 24 months (based on loan amount)
• Loan is paid directly to the supplier
• Planned inspections by Sesigo staff
• Repayment Period Guide
• Up to P20,000 → 8 months / P20,001 – P40,000 → 12 months
• P40,001 – P60,000 →18 months/P60,001 – P100,000 → 24 months

LOAN USES
•School fees payments, Building projects, Service
deliveries
• Business needs, Agricultural supplies, Home
improvements, Medical bills etc.

LOAN FEATURES
•Loan Amount: P100 001 – P250 000
• Repayment Period: 12/ 18 months
• Interest Rate: 8% flat rate per 12 months
• Security: Active member with verified repayment
ability
• Repayment Method: 26 pay periods / 12 months
• Payment: Made directly to supplier(s)
• Loan Clearance: Principal and interest can be
cleared anytime
• Loan Top-up: Not permitted
• Spousal Consent: Required