Kabayan Abroad
Personal Loan para sa mga OFW na nasa ibang bansa na
Note: Ang beneficiary ng remittance sa Pilipinas ang magiging Principal Borrower ng loan.
Product Features:
Interest Rate: 2.50% per month
Terms: Max of 12 months
Loanable Amount: 100% to 200% of Basic Salary
Minimum Loan: Php 20,000
Qualifications
a. Remittance Beneficiary must be 21 - 59 years old
b. Remittance Beneficiary must be a Filipino
c. Remittance Beneficiary must be an immediate relative of the OFW
d. OFW must be abroad and must have no plans of vacation or travel back in the near future
e. Basic Salary Requirement: Minimum of Php 40,000
Requirements
1. 2 Valid IDs of Remittance Beneficiary
2. Proof of Billing under the name of the Remittance Beneficiary*
3. POEA -Validated Contract or Certificate of Employment or Salary Certificate or 3 months payslip of the OFW
4. Valid PH Passport of the OFW
5. Latest arrival stamp (abroad) or used ticket/ boarding pass
6. Valid Entry Visa or Resident Card or Work Permit
7. 3 months latest remittance
8. Authorization Letter
9. 3 Character References and Sketch of Residence
*If not under the name of Beneficiary, must secure Proof of Residency