Borrow from 20,000 up to 250,000*
Open to enlisted seafarers of POEA licensed shipping agencies.
21-60 years old upon loan maturity.
With monthly gross income of Php20,000.
Must have rendered at least 1 contract with the same shipping agency.
At least 1 year in present residence(Coverage area: GMA).
Documents to be submitted are the following:
- Completely Filled out and signed application form
- Photocopy of updated passport
- Photocopy of updated Seaman's Book
- Photocopy of Seafarer's Registration Certificate(SCR)
- Current Employment Contract with POEA seal or stamp
- Photocopy of at least 1 proof of billing within the past three months from date of application