Frequently Asked Questions

“Member in Good Standing” means meeting all financial and member obligations as described in ICDeC policies, bylaws, or any agreements between the cooperative and the member.

• Pay the minimum Share Capital contribution in the amount of Php 2,500.00 and participate in the required capital build-up of the Cooperative as per approved Share Capital Subscription Policy
• Must not delinquent in the payment of his/her loans with the cooperative
• Must attend to the general assembly meeting, ownership seminar or other trainings called by the coop
• Patronize the services of the cooperative
• Participate in the activities of the cooperative

Submit the complete loan requirements:

• Loan application form
• Government issued ID
• Latest picture of member, spouse and co-maker
• Proof of collateral