Besao Multipurpose Cooperative Programs and Services

Credit / Lending

Members may access diverse loan windows tailored to their needs and qualifications. We offer flexible solutions for every goal, from daily expenses to long-term objectives.

All loans exceeding the member’s share capital shall be covered by loan insurance. A capital-build-up of P500.00 or .5% of the loan amount, whichever is higher, shall be deducted from the loan.

Regular Loan

Multipurpose credit to fund your general financial needs and personal projects.

Up to ₱ 200,000

LOANABLE AMOUNT

First-time borrowers are only eligible for a loan amount not exceeding their share capital.

1-24 Months

TERMS

Monthly / Lumpsum / 2x a Year

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Delinquency Penalty

Emergency Loan

Immediate financial assistance for urgent medical needs or unforeseen circumstances.

Up to ₱ 10,000

LOANABLE AMOUNT

1 Month

TERMS

Lumpsum

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Delinquency Penalty

Microfinance Loan

Small-scale capital to empower micro-entrepreneurs and grow local small businesses.

Up to ₱ 100,000

LOANABLE AMOUNT

12-24 Months

TERMS

Monthly

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Delinquency Penalty

Salary Loan

Convenient credit lines tailored for salaried employees and retirees with stable payouts.

Up to ₱ 500,000

LOANABLE AMOUNT

6-60 Months

TERMS

Monthly

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Must hold active regular membership for at least six (6) months.
Minimum Share Capital of ₱50,000.
At least 30 days of accumulated Sick/Vacation (S/V) leave credits.
Must have utilized the Regular Loan facility at least once.
No existing balances in any loan window, with the exception of the Emergency Loan.
Must be regular / permanent employee for at least 2 Years
Must have a net take-home pay of at least ₱5,000 after deduction of monthly amortization.

Delinquency Penalty

Pension Loan

Convenient credit lines tailored for salaried employees and retirees with stable payouts.

Full Death Benefit for the Year + Total Share Capital

LOANABLE AMOUNT

6-60 Months

TERMS

Monthly

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Must be an active member of the Mortuary Aid plan
Must not have delinquent loans and/or arrears in interest, fines and penalties.
Must have a monthly pension from SSS, GSIS or any legal company/bank/coop where he retires from
Must have a net take home pay of not less than two thousand pesos (P2, 000.00) after considering the amortization of the pension loan being applied for

Delinquency Penalty

Mortgage Loan

Long-term financing for property acquisition, home construction, or major renovations.

Up to ₱ 2,000,000

LOANABLE AMOUNT

First-time mortgage loan borrowers

Up to ₱ 3,000,000

LOANABLE AMOUNT

Returning mortgage loan borrowers

6-96 Months

TERMS

Monthly

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Must hold active regular membership for at least six (6) months.
Required Share Capital: Minimum of 5% of the applied loan amount.
Must have utilized the Regular Loan facility at least once.
No existing balances in any loan window, with the exception of the Emergency Loan.
Must have regular source of income

Delinquency Penalty

Agri-Dev Loan

Specialized funding for farmers to support crop production, livestock, and equipment.

Up to 10 Piglets

LOANABLE AMOUNT

1-6 Months

TERMS

Lumpsum

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Must hold active regular membership for at least six (6) months.
Must deposit at least 1% of the principal loan to the coop for capital build-up (CBU) after the project season
Minimum Share Capital of ₱25,000
Must have an available pigpen conducive for housing to serve as equity to the project
Must be engaged in High Value Crop (HVC) Production

Delinquency Penalty

Liquidity Support Loan

Reliable financial certification support for visa applications, travel requirements, or proof of funds.

Up to ₱ 3,000,000

LOANABLE AMOUNT

6 Months

TERMS

Monthly / Lumpsum

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Delinquency Penalty

Medical Loan

Targeted credit to cover healthcare costs, surgical procedures, or hospital bills not fully met by assistance funds.

Up to ₱ 100,000

LOANABLE AMOUNT

5 Months

TERMS

Monthly / Lumpsum

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Delinquency Penalty

Care & Relief Loan

This special non-interest-bearing loan is available to members facing serious illness, hospitalization, or critical diagnosis. It is designed to provide immediate financial relief for medical and related expenses.

Up to 50% of MAP Benefit

LOANABLE AMOUNT

24 Months

TERMS

Monthly

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Delinquency Penalty

Long-Term Loan

Extended financing for major investments, home construction, or business expansion projects.

Up to ₱ 2,000,000

LOANABLE AMOUNT

First-time long-term loan borrowers

Up to ₱ 3,000,000

LOANABLE AMOUNT

Returning long-term loan borrowers

Up to 20 Years

TERMS

Monthly

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Must hold active regular membership for at least six (6) months.
Required Share Capital: Minimum of 5% of the applied loan amount.
Must have utilized the Regular Loan facility at least once.
No existing balances in any loan window, with the exception of the Emergency Loan.
Must have regular source of income
Must not be more than 40 years old.
Must have availed of the mortgage loan at least once.

Delinquency Penalty

Family Loan

Immediate financial support for education, household needs, and other family expenses.

Up to ₱ 15,000,000

LOANABLE AMOUNT

Depending on the appraised value of the collateral

6-96 Months

TERMS

Monthly

PAYMENT

INTEREST RATE

SERVICE FEE

Co-Maker

Collateral

Qualifications

Principal borrower must have availed of the mortgage loan at least once.
Maximum of five (5) family members per application; loan proceeds are distributed equally.
Must hold active regular membership for at least six (6) months.
Required Share Capital: Minimum of 5% of the applied loan amount.
Must have utilized the Regular Loan facility at least once.
No existing balances in any loan window, with the exception of the Emergency Loan.
Must have regular source of income

Delinquency Penalty

Banking

Grow your wealth with secure, member-exclusive savings. Guided by financial discipline, Besao MPC offers Regular Savings and Time Deposits with interest rates that consistently outperform traditional banking options.

Savings Deposit

Flexible, secure, and accessible savings that earn higher returns than commercial banks. Build your safety net with ease.

₱ 500

Initial Deposit

₱ 500

Maintaining Balance

1.25%

Interest per Annum

Special Savings Deposit

Maximize your earnings with fixed-term investments. A high-yield option for members committed to long-term financial growth.

3-5 Years Lock-in Deposit

₱ 200,000

Minimum Deposit

5%

Interest per Annum

Time Deposit

Flexible, secure, and accessible savings that earn higher returns than commercial banks. Build your safety net with ease.

₱ 10,000

Initial Deposit

INTEREST RATE

Amount		6 Monts	12 Months
₱10000,	₱50,000	.75%	2%
₱50,001	₱500,000	1.25%	3%
₱500,001	and above	1.75%	4%

Dream Builders Fund

Maximize your earnings with fixed-term investments. A high-yield option for members committed to long-term financial growth.

₱ 100

Minimum Deposit

5%

Interest per Annum

Consumers

We provide a wide range of high-quality basic commodities and essential agricultural inputs at competitive prices. In line with our commitment to a healthy community and our corporate vision, our store maintains a strict policy against the sale of alcohol and tobacco products. Visit us on the first floor of the BMPC Building in Kin-iway, Besao.

Sari-sari Store

Your convenient source for high-quality basic commodities and household essentials at affordable prices.

Agricultural Inputs

Boosting local productivity with quality fertilizers, seeds, and tools for every farming season.

Rice Trading

Providing clean, locally sourced, and high-grade rice to ensure food security for every household.

Appliances

Upgrade your home with ease. Choose from our wide selection of appliances, available in flexible cash or installment plans.

Appliances Loan

12 Months

TERMS

Monthly

PAYMENT

Qualifications

Socical Services

Support when it matters most—helping members through life’s important moments.

Mortuary Aid Plan

A community-based program designed to share the burden during times of loss, providing immediate financial support to the bereaved families of members.

Membership is mandatory and automatic upon joining the cooperative. This program provides financial support during times of loss through a community-sharing model.

Contributions: Each regular member contributes ₱50.00 per deceased member.
Compliance: Members with unpaid contributions exceeding ₱4,000.00 will be disqualified from the program.
Senior Enrollment (Age 60+): New members aged 60 and above must complete a five-year waiting period to access full MAP benefits.

CONTRIBUTIONS

Non-Senior upon Membership

Senior upon Membership

BURIAL BENEFITS
Based on Years of Membership

Requirements to Avail

Death certificate (Original or True Certified Copy)
Valid ID’s of Beneficiaries &/or Legal Heirs
SPA or Authorization letter, Picture holding the Authorization Letter if needed

Notes

Only the declared beneficiary/ies is/are entitled to claim the MAP benefits.
Only legal heirs are entitled to receive the deposits of the deceased member.

Community Development Fund

The Community Development Fund reflects the cooperative’s commitment to social responsibility by financing projects that benefit the broader community.

Purpose: To support local initiatives including infrastructure improvements, environmental programs, and community-wide celebrations.

Funding: A portion of the cooperative’s annual net surplus is allocated to this fund, ensuring that the coop’s success directly contributes to the development of Besao.

Impact: This service empowers the cooperative to act as a partner in local governance and community building.

Educational Assistance

This program provides financial support to deserving dependents of qualified members to help them pursue higher education.

Grant Amount: Eligible scholars receive ₱5,000.00 per semester.

Slot Allocation: Each barangay in Besao is entitled to one (1) scholarship slot.

Requirements to Avail

Membership Standing: Parents must be regular members for at least two (2) years with no delinquent loans.
Dependent Status: Open to dependents of regular members, as well as the dependents and relatives of officers and staff.
Exclusivity: Applicants must not hold any other scholarship grants from other agencies.
Academic Level: Limited to students enrolled in undergraduate courses (post-graduate studies are not covered).

Fire Assistance Program

This program provides immediate financial support to members whose homes, rice granaries, or business establishments are damaged by fire.

Member Contribution: Each regular member contributes ₱25.00 per incident.
Disqualification: Any property damaged through arson is strictly ineligible for benefits.

Requirements to Avail

Membership: Must be a regular member for at least two (2) years.
Financial Standing: Must have fully paid the minimum share capital and all Calamity Fund contributions.
Damage Threshold:
- Full Benefit: Property must be at least 80% damaged.
- Partial Benefit: Damage between 20% and 79% is paid on a prorated basis.

Notes

Claims below 20% damage are not eligible.

Besao Og-ogbo for Health

The Og-ogbo for Health program is a pioneering community-based medical insurance initiative built on the values of self-reliance and mutual aid. It is a strategic partnership between Besao MPC, the Local Government Unit (LGU), and the Besao District Hospital to ensure accessible healthcare for all.

Collaboration: This joint venture leverages the cooperative’s management expertise and the LGU’s financial resources, supported by annual contributions from the municipality and its 14 barangays.

Funding: Benefits are sustained through a combined fund consisting of local government subsidies and an affordable annual member premium of ₱480.00 per family.

Eligible members and their dependents can access a structured financial assistance package:

Up to ₱800.00 per year

Out-Patient Medicines

Up to ₱ 1,500

combined in-patient and out-patient Hospital services

Impact & Governance

With hundreds of enrolled members and an average of over 300 successful claims processed annually, the program stands as a testament to good governance and the power of social responsibility. It encourages proactive savings while providing a critical safety net for health protection within the community.

Other Services

Beyond financial care, Besao MPC provides essential community facilities and commercial services designed for your convenience and comfort.

Conference Hall for Rent

A professional venue equipped for seminars, workshops, and community gatherings. Versatile space tailored to your event needs.

Lodging Services

Clean, comfortable, and affordable accommodations for travelers and guests seeking a restful stay in Besao.

BMPC’s Transient House & Offices/Business Space for Rent

Your home or business away from home. Transient lodging and professional office spaces for rent in Baguio City.

Vehicle Rentals

Reliable transportation for group travel or hauling. Van and Isuzu truck rentals available, departing from Besao.

Micro-fuel Station

A Technology Solution Retail Outlet (TSRO) providing convenient and efficient fuel refilling for the community.

POS Cash-out ATM

Skip the long trips to the city. Withdraw cash conveniently using our Point-of-Sale “ATM” services.

Online Remittances

Secure domestic transfers ( Money Padala: Besao to Baguio, Mankayan, Abatan-Buguias, Tabuk and vice versa) and instant digital payments via InstaPay and PESONet.

SSS Alkansya

Your local hub for SSS contributions. We serve as an authorized payment center, allowing members to remit monthly premiums conveniently without leaving the municipality.

Laundry Shop

Professional washing, drying, and folding services to keep your clothes fresh and clean. Quality care for your everyday wear and delicate linens.

Coffee Shop

Relax with a cup of locally sourced coffee and a selection of snacks. A cozy hub for members and visitors alike.

Weaving and Local Crafts

Preserving heritage through authentic handwoven textiles and traditional products crafted by local artisans.

Arabica Coffee

Savor the premium taste of highland Arabica, grown and processed by our local farmers for a rich, aromatic experience.

Build Your Future with a Trusted Cooperative

Join a cooperative committed to your financial security and community growth. Backed by nearly ₱1B in assets and over five decades of service, BMPC provides the stability and services you need to grow your livelihood, expand opportunities, and secure your future.