This post is getting constant reminders to retrieve Majaorem rehab this so that it can continue the practice of recycling money back into the economy, increase money velocity, and enhance customer experience. It can also increase revenue and bank deposits.
This became clearly as we got the LTS for Calamba and probably soon for Malasiqui. 50% of revenue can go to funds deposit. And we can prospectively do the separation ASAP and back track unremittance. We can raise over a billion in funds in Majorem, and (HO account). All we need is a head, an accounting, and loan officer.
It is important to recycle PHP in economy. We give back to the community what we take from sales to generate entrepreneurship. Entrepreneurship creates jobs and opportunities, expands the local economy and raises the affordability of towns peoeple. USA and Japan understands this through IFC, World Bank, JICA and USAID (Trump does not)
The noisy ones can take chage. This was discussed with the MBTC head as an encouragement for her to up her sights and relationship with Holy Gardens.
Steps:
1. Check licenses of Majorem, fix or establish a new lending corporation
2. Establish process flow standards for
1. Investment and loans
Portfolio and yield proposal
Breakdown: Amount
Yield Based on 1B
5% cash 0
10% cib 1/2% 100M 50,000
20% ctd say 3-5% 200 8,000,000
10% gs 5%
10% plot buy 20% 100 20,000,000
and sell
20% lending to 12% 200 24,000,000
sbu
25% retail 15% 250 37,500,000
89,550,000
Average yield 8.955 per annum. I up to 10%?
Lending:
Qualified borrowers:
1. Fully paid plot buyers A. no arrears and cash buyers
B with arrears
2. Relativess friends of C no arrears
D with arrears
Dapat malinaw and updated CS data base of fully paid plots ng HGMP
Loan limits A up to 100,000 C P50,000
B P50,000K
D 20,000
Interest rate: A - 1% per month for 1 year, 1.25 for two years 1.8%
C. 1.25% for 1 year, 1.5% for two years.
B. 1.4% for 1 year 2.0 for two years
D 1.5% for one year 2.2 for two years
Instant loan: 24 hours apply for only A and C of amounts not exceeding 20,000.
For customer convenience:
On line application via apps
Or website with forms
Default: execution of sale or forfetiure within 3 months of arrears
exceute transfer of forfetied plots then and now.
2. Tie up with banks for higher investmetn % (say 9%) for top ups
3. Instant loan (24 hours for HGMP buyers and their friends relative)
3. Puede ring free fund transfers from sbu to sbu
Free up to 5,000 each per month
In excess of 5,000 1% of total amount
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