Our Financial Services
Our Lady of La Salette Multi-Purpose Cooperative (OLLSMPC) offers a comprehensive range of financial services designed to empower members, encourage savings discipline, and provide accessible credit solutions. Our services are built on the principles of trust, mutual assistance, and long-term financial growth.
Through our savings and loan programs, members are given opportunities to strengthen their financial stability, support their families, and invest in personal or business development with confidence and security.
Savings Deposit Services
Savings Deposit
Our Savings Deposit program helps members build financial security through consistent and flexible saving options. It encourages discipline while earning dividends and supporting the cooperative’s growth.
- Accessible and flexible deposit terms
- Earn dividends annually
- Ideal for long-term financial planning
Premium Time Deposit
Designed for members who want higher returns, the Premium Time Deposit offers competitive interest rates for fixed-term investments.
- Higher interest rates
- Fixed maturity period
- Secure and guaranteed returns
Special Savings Deposit
This savings option is ideal for members preparing for specific goals such as education, travel, or major purchases.
- Goal-oriented savings
- Flexible contribution amounts
- Encourages financial discipline
Regular Savings Deposit
A basic savings program available to all members, promoting regular deposits and easy access to funds when needed.
- Low maintaining balance
- Easy withdrawal process
- Suitable for everyday savings
Super Special Savings
A high-yield savings program designed for members who want to maximize their savings with better returns while maintaining flexible deposit options.
Loan Services
Secured / Collateralized Loans
Real Estate Mortgage Loan
A loan facility secured by real property such as land or buildings, allowing members to access funds based on property value.
• Maximum Loanable Amount: Up to 60% of appraised value
• Term: Up to five (5) years
• Requirements: E-copy, Tax Declaration, Tax Clearance, Special Power of Attorney (SPA), if applicable
Chattel Mortgage Loan
A secured loan using movable assets such as vehicles or equipment as collateral, providing flexible financing options.
• Maximum Loanable Amount: Up to 50% of appraised value
Premium Loan
An exclusive loan offering for members with a minimum investment of Php 100,000.00, providing higher loan privileges and priority processing.
Car Loan
A financing program designed to assist members in acquiring brand-new or pre-owned vehicles under manageable payment terms.
Tricycle Loan
A loan facility intended to support members in purchasing a tricycle unit for personal mobility or income-generating purposes.
Unsecured / Non-Collateralized Loans
Agricultural Loan
A loan program that supports agricultural development, including crop production, livestock raising, and improvement of farm infrastructure and equipment.
Educational Loan
Financial assistance granted to members to cover tuition fees and other school-related expenses, helping support educational advancement.
OFW / Balik Manggagawa Loan
A specialized loan designed to assist Overseas Filipino Workers in meeting employment-related expenses abroad.
• Requirements: Passport, Working Visa/Iqama, Employment Contract/Job Contract/Pay Slip, Return Ticket/Itinerary
General Purpose Loan
A flexible financing option that may be used for any legitimate personal or business need, subject to credit evaluation and approval.
Commercial Loan (Formerly Business Loan)
A loan facility intended to support business expansion, capital investment, and operational requirements of enterprises.
Emergency Loan
Immediate financial assistance for urgent and unforeseen circumstances such as medical emergencies or critical family needs.
Travel Assistance Loan
A loan designed to support travel-related expenses for personal, professional, or migration purposes.
Livelihood Loan
A financing program aimed at helping members start or sustain small-scale income-generating activities.
Microloan
A short-term, low-value loan designed for quick access to funds, ideal for immediate and minor financial needs.
Specialized Loan Programs
Agricultural Loan
Supports farmers and agri-based members in improving productivity, purchasing equipment, and sustaining farm operations.
- Affordable financing for agriculture
- Seasonal repayment options
- Supports food security and livelihood
Commercial Loan
Designed for entrepreneurs and business owners who want to expand or sustain their enterprises.
- Business capital support
- Flexible payment terms
- Encourages local entrepreneurship
Real Estate Mortgage Loan
Helps members acquire, construct, or renovate residential or commercial properties with long-term repayment options.
- Long-term financing
- Competitive interest rates
- Supports home and property ownership