SincoOpes Savings and Loan Corporation aims to provide savings and loan services to help individuals and small businesses in Quezon City through its financial products and services. It targets working individuals earning at least P3,000 monthly and small and medium enterprises. The corporation will be located in Muñoz, Quezon City and will promote through leaflets, banners, and sound systems. It will offer loans, savings accounts, and business loans to residents.
2. Mission SincoOpes Savings and Loan Corporation is established for the purpose of providing savings and loans that will help individual to uplift their way of living and supporting businesses in their financial status.
3. Vision SincoOpes Savings and Loan Corporation envisions of being the Philippines leading company in rendering loans and savings services, building financial success that can contribute to the growth of the economy.
6. We decided to establish Savings and Loan Corporation for the purpose of providing financial assistance to our members who are also residents of Muňoz, Roosevelt Quezon City. Stock savings and loan are engaged in the accumulation of savings mainly of stockholders in specified undertakings. They are primarily concerned with servicing the needs of the household by providing personal finance and long-term financing for home building and development. Takes deposits from individuals, funds, mortgages, and pays dividends.
7. Target Market The target market of the study are those working individuals who have a disposable income of at least P3,000 and SMEs or small and medium entrepreneurs who are willing to join, save money and ask for a loan in our Savings and Loan Corporation. Small enterprises consist of 10-99 employees with P3,000,0000 - P15,000,001 total asset while medium enterprises consist of 100-199 employees with P15,000,001 – P100,000,000.
24. Secured Personal LoanLoan Minimum of 10K, maximum of 500K Loan Payment Terms 6 months 12 months 18 months 24 months 36 months Loan Amount For Peso Account maximum of 90% of the deposit account balance For Dollar Account maximum of 80% of the deposit account balance; the prevailing buying rate shall be used to determine the peso equivalent