Lenderly Loans
Barangay Honorarium
Barangay Honorarium Loans made simple!
Every customer is unique and has specific needs. Our Barangay Honorarium Loan is customizable to suit the requirements of each individual. Therefore, the Barangay Honorarium Loan is the safest and easiest option to finance your personal needs. Lenderly now offers tailor-made loans based on the nature, scope, and goal of your requirements.
Features of Barangay Honorarium loan
Barangay Honorarium Loans from Lenderly are available from ₱50,000 up to ₱200,000. The loan applications get approved within 24 hours based on the contract with the Barangay combined with all personal documents.
Customer Loan Requirement:
- DILG/Barangay "ID's"
- 1 Government-issued ID.
- Valid "IDs" or Oath of Office
- Completed Application Form
- Letter of Certification and Recommendation issued and signed by the Barangay Captain and Treasurer.
- Proof of address (utility bill not older than 3 months).
What does the loan cover?
Barangay Honorarium Loan Frame Contract Requirements
Barangay Honorarium Loan Frame Contract Requirements
- Memorandum of Agreement (MOA) between Lenderly Finance Corporation and Punong Barangay and Barangay Treasurer
- Latest Barangay Payroll
- DILG "ID's" of Punong Barangay & Barangay Treasurer
- Memorandum of Agreement (MOA) between Lenderly Finance Corporation and Punong Barangay and Barangay Treasurer
- Latest Barangay Payroll
- DILG "ID's" of Punong Barangay & Barangay Treasurer
Barangay Honorarium loans allow you to use the money to purchase anything at your discretion.
- DILG/Barangay "ID's"
- Minimum of ₱ 10,000 up to a maximum of ₱ 50,000 (appointed Staff only), ₱ 200,000 (Elected Officials only)
- Interest rate 2.0% up to 3.0%
- Tenure from 1 up to 24 months
- Disbursement mode LFC’s office
- Automatic salary deduction through Online transfer
- "Over-The-Counter depositor directly to LFC's Office"
Eligibility Criteria
- Must be minimum 21 years of age at the time of application and maximum 70 years of age at the time of Loan Maturity
- Elected and Appointed Government Officials
- Barangay Staffs (subject for Barangay Captain/Treasurer’s approval)
- Valid address within Philiphines
