Lending Business Line

Koop King MPC started its lending operations in 2007 located on the 3rd Floor, Airmen’s Mall, Col Jesus Villamor Air Base (CJVAB). The start-up capital is P200,000.00 with Five (5) Founding Board of Directors. During that time, the qualified category to be a member of the cooperative must be from the active Philippines Air Force, Pensioner, and civilian employee by ACDI MPC.

At present, Koop King MPC is now accepting members from different membership category, namely:

• Philippine Air Force
• Philippine Marines/ Navy
• Philippine Army
• Government Civilian employees
• AFP Pensioner
• Dependents

Koop King MPC ensures that new members can be part of the cooperative with this simple membership requirements, a minimal initial investment for interested members in the amount of Five Hundred Pesos P500, breakdown of investment and requirements are as follows:

Membership Requirements:     

               Military ID or 2 Valid IDs

                Filled-out membership form

                Initial Savings Deposit                                  – 300.00

                Initial Share Capital Con                                 – 200.00 

                                Total                                                      P500.00

Notes:

1. SD maintaining balance to earn interest is P500.00
2. Initial share capital of P200 will already earn interest.
3. SCC Minimum subscribed capital is P5,000 payable in installment.