Loan Process
Eligibility
I
For Crew Members:
•Must have a valid employment contract with the Partner Company or its Principal during the loan amortization period. •Loan application must be endorsed by the Partner Company.
For Employees:
•Must have regular or permanent employment status. •Must have a co-borrower who is also a regular/permanent employee of the Partner Company.
Loan Amount
•Minimum: PhP50,000.00 ⚬Amounts exceeding PhP500,000.00 may be granted on a case-by-case basis, subject to iFund’sdiscretion and approval.
•Total loan amount will depend on the borrower’s salary, position, length of service and repayment capacity, subject to credit investigation.