Commodity Loan
Who can avail Commodity Loan and what are the requirements?
- Loan granted to all members who has MSO accounts in good standing.
- Maximum Loanable Amount. Requisition Slip of P3,000.00 worth.
Who can avail Commodity Loan?
- All CITERMPCO members can avail commodity loan. The amount of five Hundred (P 500.00) pesos must be deposited to your Mobilized Savings Operation (MSO) Account. This will serve as your maintaining balance. Members without MSO Account cannot avail these services.
How to avail Mobilized Savings Operation (MSO) Account?
- This is open to regular CITERMPCO members and pupils/students 5 -18 years old who are members of laboratory coop with a minimum maintaining balance of P500.00.
Who are qualified to become a CITERMPCO member?
- Teachers, Employees and Retirees of Department of Education, Division of Sultan Kudarat
- Comply the prescribed pre-membership education seminar
- Residing within and adjacent area of operation
What are the requirements for membership?
- Approved application for membership.
- Certificate of completion of the prescribed Pre-Membership Education Seminar (PMES).
- Subscribed and paid the required minimum share capital and membership fee.
- Certification of the immediate superior that he/she is employed within DepEd, Division of Sultan Kudarat.
