Regular Loan

A personal loan intended to finance the household needs in which, the share capital is being maximized and is being offered as a collateral for the loan.

  • Interest rate up to 1.25%
  • Payable up to 1 year
  • Tax-free
  • With patronage refund and loan is insured

To qualify for MHRMPC membership, individuals must meet specific criteria outlined by the cooperative.
  • Regular Member
  • Has a regular and stable income of at least one (1) year.

Applicants to MHRMPC are required to submit specific documentation.
  • Two (2) valid government IDs
  • Proof of Income at least recent three months
  • Bank Statement
  • Proof of Billing of at least two months
  • Additional requirements may be added depends on amount of loan
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