REFERRAL CASH GIFT


SCOPE AND DURATION

  • This promo will run from 24 May 2023 to 31 August 2023 in all AFPFC MPC offices except Liaison Offices.

ELIGIBILITY

  1. Referral Agent
    • He or she must be of legal age and residing in the Philippines.
    • He or she must be a member of the Cooperative. New members are welcome.
    • He or she must personally accompany the referee in any AFPFC MPC office.
    • He or she must be acknowledged by the referee by signing on the Membership Form.
    • He or she may refer as many as he/she can.
    • Disqualified are the AFPFC MPC’s employees, members of the Board of Directors liaison officers, committee members, and consultants.
  2. Referee
    • He or she must be a new member accompanied by a referral agent.
    • He or she must not be a re-admitted member.
    • He or she must not be motivated thru GYRT.

REFERRAL CASH GIFT RATE

  • For every successful referral, the agent will receive three percent (3%) of the approved Gross Loan Amount of his or her referee. This cash gift will not be deducted in the net proceeds of the new member. The rate serves only as a basis of computation of this promo.

ADMINISTRATION

  • All applications will be subject to a verification process to determine compliance with the mechanics.
  • The Referral Cash Gift will be released to the referral agent on the same day the loan amount of the referee is released.
  • The AFPFC MPC assumes no responsibility or liability from any legal issues and implications that may arise from this program.