COVID-19 Advisory #11: COVID Loan
As we continue to feel the effects of the pandemic, unemployment is at record levels. Although HPP Members may not be directly affected by this, some of their family members may not be as fortunate. Thus, the board has approved to offer a Specially-Low-Interest COVID Loan to all members who may need some financial assistance.
Loan Type: COVID Loan
Max Loan Amount: P20,000.00
Interest Rate: 0.37% per month for 12 months
If you would like to avail, please just download and submit the COVID Loan Form.
Notes:
- All Regular and Associate Members in Good Standing are eligible to avail of the COVID Loan.
- COVID Loan may only be availed once.
- Other requirements remain the same per Credit Policy, e.g. tenure, comaker, etc.
We understand that P20k may not be enough for some but we hope that it can somehow help alleviate the impact of the pandemic. Other loan products are available if needed (e.g. Emergency Loan, Multipurpose Loan, etc.).
Please stay home, stay safe, and stay healthy.





