1. Primary Cooperatives from a city or town where City / Municipal Cooperative Development Council (MCDC) is active.
2. Member of any Apex Organization (e.g. Coop Bank of Cavite, PAMANA Development Cooperative, Coop Union of Cavite)

2. Requirements

1. Financial Statement to ascertain financial viability
2. A board of resolution of the applicant cooperative stating the intention to apply for loan and pledge to undergo the responsibility of the loan repayment
3. Board resolution authorizing officer/s to be signatory/s
4. Promissory note
5. An endorsement letter from Municipal Cooperative Development Council
6. Letter from any apex coop duly signed by the board of directors
7. Updated list of members with corresponding share capital and total.

3. Types of Loan

A . Productive Loan –  for additional capital, re-lending, business ventures, etc.
B. Providential Loan -for purchase of equipment, office renovation, etc.

4. Amount of loan -  Maximum of PhP 50,000.00

5. Term of loan Short-term  -  Maximum of one year

6. Social Preparation Fee    - 3% of the principal amount to be deducted in advance

7. Terms of Payment   -  payable monthly / semi-monthly

8. Security on Loans
                A. Collateral  -post-dated check, and/or certificate of investment to any federation.

9. Penalty Provisions
                For failure to pay the loan on time a fine of 1% per month on monthly amortization and 1% per month on balance after the end of the term shall be imposed.