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Author Topic: OFW / SEAMAN Loan - only 2% interest per month (No Co-maker required)  (Read 17924 times)

great2find

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ATTN: OFWs / SEAMAN and their beneficiaries

We assist applications for Kabayan Personal Loans for a low 2% interest / month

Maximum P500,000 loanable . From 6, 12, 18, 24 up to as long as 36 months* to pay!

*largely dependent on present employment contract and employment history; may be co-terminus w/ contract

GENERAL QUALIFICATIONS:

Applicant must not be a 1st time OFW / Seaman. Must have been employed abroad for 2 consecutive years** (Separate contracts for each year may be accepted but still subject to evaluation).

Must have an existing employment contract still good for at least the next 6 to 12 months at the time of application.

Must be 21 to 65 years old at the time of loan maturity.

Must have at least one (1) landline at either local or foreign residence or employment location.

With Gross Monthly Salary of at least P25,000 or US dollar equivalent.

**at least 3 years for domestic helpers

 Applicant, representative or beneficiary must be living within or near Metro Manila for easier transactions. However Loan Applicant must be the OFW / SEAMAN Only. Designated SPA (Special Power of Attorney) forms are available from us thru email.


DOCUMENTARY REQUIREMENTS:

A. Pre-Approval

For OFW:

1. Completely filled up and signed application

2. Clear Copy of 2 Valid IDs (Preferably Company ID plus
Passport including travel history pages) - must not be
expired, and must match info in application form including
signature

3. Employment Contract from Current Employer

4. POEA info sheet or E-sheet or plane ticket

5. Proof of remittances for the last six (6) months


For SEAMAN:

1. Completely filled-up and signed loan application form

2. Validated Employment Contract from current employer

3. Passport + Seaman's Book + Seafarer's Registration
Certification (SRC)

4. Valid ID (aside from passport) - any of the following:
Company ID / PRC ID / Driver's License / SSS ID / Postal ID;
must match the information indicated in application form,
must be clear, front and back portion

5. Allotment slip or equivalent proof of remittances for last 6
months

FOR Inquiries: Pls PM me or just reply on this page

Cel no. 0920-7430552          

great2find

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Re: OFW / SEAMAN Loan - only 2% interest per month (No Co-maker required)
« Reply #1 on: October 28, 2007, 09:46:24 AM »
Pls refer sa documentary requirements sa taas under Pre-approval for OFWs. Kailangan po di first-time OFW.

Aside from Application Form we will provide the OFW with the following:

    1. Authorization Form - allowing the beneficiary (who receives monthly remittances)
        to inquire status and receive loan proceeds
 
    2. Auto-Debit Arrangement form -  if OFW can't provide Postdated checks

    3. Beneficiary Information form

    4. Special Power of Attorney (to be Notarized and then Signed by Consul)

We can send them the said documents directly to the OFW thru email otherwise we can send the form to the beneficiary so they can send it to the OFW (by courier most probably) to be accomplished and send back together with other requirements.

blue@sea

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Re: OFW / SEAMAN Loan - only 2% interest per month (No Co-maker required)
« Reply #2 on: November 10, 2009, 08:23:40 PM »
Moderator says you haven't posted in the last 20 days. Are you still offering the Seaman's Loan?

On the whole, I'm OK with the requirements except that I'm single and don't have remmittance slips to show you. I have some Western Union receipts of cash gifts I had sent to my mother in the past if that's acceptable.

I'm set to leave anytime in the coming 2 weeks. How fast is the release?

urdheltian

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Re: OFW / SEAMAN Loan - only 2% interest per month (No Co-maker required)
« Reply #3 on: March 28, 2014, 04:18:44 PM »
gud day
 ano po ang prodecures if mag loan ako   kasi nag txt ako walang reply eh.. salamat 

carreonwill

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Re: OFW / SEAMAN Loan - only 2% interest per month (No Co-maker required)
« Reply #4 on: March 31, 2014, 02:06:00 PM »
How can i apply for loan if i'm already on other country can i be represented by my wife? Will it be easy to apply and how long it will take to process

jena.manguerra

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is it still open? pls send me the info @[email protected]

paupau

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Hi guys, you can also try http://www.loansolutions.ph/ofw-loans this is an online application form for different kinds of borrowers, might be seaman/ofw and others. Na try to ng papa ko while he's still in Dubai, you must try also. Parang nag cacater din sila nga beneficiary and allotte loan in case na nasa ibang bansa pa kayo, and yung wife niyo nlang yung papa-applyin nyo :)

zihersh

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Re: OFW / SEAMAN Loan - only 2% interest per month (No Co-maker required)
« Reply #7 on: August 05, 2014, 10:43:56 PM »
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