Lending Program for State Universities and Colleges (SUC)

Description

Credit facility available to qualified SUCs to enable them to support infrastructure expansion and other income-generating development/ agri-related programs.

Eligible Borrowers

State Universities and Colleges (SUCs) rated at least level II by joint DBM-CHED-PASUC.

Eligible Projects

  • Construction of school building
    • Acquisition of school equipment and education materials
    • Agri-livelihood programs
  • Farm operations

Loan Purpose

 

  • Working Capital
  • Fixed Asset Investment

Amount of Loan

80% of project cost

Term of Loan

Maximum of 5 years

Loan Security

Acceptable collateral to the bank

Contact Number/Person

Mr. Gene David / 522-0000 local 2331 and Ms. Marilyn Orense / 522-0000 local 2676