QUENN SINKING FUND 2024

START: DECEMBER 25, 2023

END: OCTOBER 30, 2024

MODE OF PAYMENT: GCASH 09093549693

METRO BANK 0413 795 744 755

SHARE POLICY
1) PUT UP CASH MINIMUM OF 5,000 PESOS

2) MONTHLY SHARE 1,000 PESOS EVERY 30TH OF THE MONTH

3) NO SHARE, NO INTEREST ON THAT MONTH

CREDIT POLICY
1) 10% INTEREST RATE, PAYABLE FOR 2 MONTHS (15 & 30)

2) SURCHARGE 10% OF THE PAYABLE AMOUNT

3) CAN AVAIL MAXIMUM AMOUNT DEPENDING ON CASH AVAILABILITY

4) WITH COLATERAL IF BEYOND 10K

5) NON-MEMBER CAN AVAIL BUT WITH GUARRANTOR / COLLATERAL.

PAYMENT POLICY
1) EVERY 15TH & 30TH DAY OF THE MONTH.

2) CUT OFF EVERY 15TH & 30/31TH DAY OF THE MONTH (NO PENALTY), IF BEYOND THE MENTIONED
DATE WILL BE CHARGE 10 % OF THE CAPITAL

AMOUNT RELEASAL POLICY

1) EVERY 15TH & 30TH DAY OF THE MONTH.

2) RELEASAL DATE 1-15TH = PAYMENT START 30TH (DEPEND ON CASH AVAILABILITY)

3) RELEASAL DATE 16-30 = PAYMENT START 15TH (DEPEND ON CASH AVAILABILITY)