BCS Offices

October 13, 2009

Worker's and Employees Livelihood Loan (WELL)

This is a loan for both barangay officials and regular employees of factories, company or establishment.

Barangay Officials may avail WELL with an interest rate of 1.33% per month. Maximum loanable amount is P 150, 000.00, payable in two years with monthly mode of payment. BCS will serve Memorandum of Agreement (MOA).

Regular Employees can avail this loan at an interest rate of 2.5%, diminishing computation. Loan is paid semi-monthly or "quensina" through ATM cards. Hence, BCS will be the one to withdraw the amount through the member's ATM card.

DOLE employees in Polomolok and Baranagay officials in General Santos City, Malungon, Malandag, Bansalan, Sta. Cruz, and Matanao are availing this type of loan.

It's easy, right? Visit now the offices near you.

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