Tricycle Operator Loans (TOL)

Eligibility for Small Business:

  • Must be a tricycle operator
  • Must be a member of a TODA
  • Must be a resident in the area for at least two (2) years
  • Must have LTFRB Permit (PRANGKISA)

Small Business Requirements:

  1. Photocopy of O.R. & C.R.
  2. Original Copy of Barangay Clearance
  3. Photocopy of two (2) valid government ID’s
  4. Picture of Tricycle
  5. Latest proof of billing
  6. 3 pcs. 1×1 ID Picture
  7. Photocopy of TODA Certificate
  8. Photocopy of LTFRB Franchise

Loanable Amount

Minimum: P10,000.00

Maximum: P30,000.00

Loan Term: Six (6) months to one (1) year

Interest Rate: 3% per month, diminishing

Processing Fee: 3% of the total loan amount granted