Allied Businesses

COOP CARE
Monthly Premium P100 (KASAPI) P60 (Plus Health), P200 (I-GROUP)
Characteristics
  • All members in Good Standing can avail the product.
  • Members can avail the benefits after full annual payment of Php 720.00
Benefits
  • P600 per day Hospital Income Benefit for primary members and one (1) declared dependent; maximum of ten (10) days in a year.
  • Free 3 laboratories (CBC, Urinalysis & Fecalysis) and 3 Consultations in a year (Primary and Dependents)
  • 20% discount in all laboratories at Coop Lab, Iligan City

COOP ACADEMY
Characteristics
  • Pre-School (Tibanga Tel. No 221-4036)
  • Grade School
  • High School (Hinaplanon Campus Tel. No. 223-7310)

COOP ASSURANCE
Life Insurance
  • Shares & Savings Protector
  • Group Accident Death, Disablement & Dismemberment Indemnity and Funeral Service Assistance (GADDDI-FUSA)
  • Loans Protection Plan
  • Micro-Biz Personal Protector
  • Personal Protection Plan
  • Coop Family Plan (CFP)
Non-Life Insurance
  • Home Assurance
  • Business Protect
  • Standard Fire Insurance
  • Motor/Car Insurance
  • Coop Aksi
  • Student Group Accidental Insurance Plan (SGAIP)

Housing Cooperative

For inquiries please contact: 223-5874 / 09274826468 (Jomarthy Lerasan)

Facebook: Msu-iit Nmpc HousingCoop
Facebook Page: Msu-iit NMPC Housing Cooperative
Email: msuiithousingcoop@yahoo.com

Housing Cooperative Information
House Model
  • Dolly (Single Detached)
  • Dolly (2-storey, Single Detached)
  • Ludy (Duplex / Single Attached)
  • Ludy (2-storey, Duplex/Single Detached
  • Judy (Row House)
Features
  • COLLECTIVE OWNERSHIP
    -The housing property is collectively-owned by all of its members (R.A. 9520, Article 60).
  • DECENT AND AFFORDABLE HOUSING UNITS
    -Housing Cooperative is 20% less than the regular housing.
    -Upon moving to the housing, every unit has complete floor tiles, ceiling, electrical fixtures and inside paintings with two bedrooms, dining and kitchen, and 1 toilet and bath.
    -Secured community with 24/7 hour security.
    -It offers the best facility in the area such as parking areas, park and playground.
  • DESIGNED AS FLOOD FREE COMMUNITY
    -The area is elevated up to 1 meter from the existing concrete road.
    -The housing cooperative is surrounded by a retaining wall, designed to restrain soil to unnatural slopes.
    -The housing cooperative will provide adequate early warning of disasters in order provide decent housing to all the members. Alarm systems will be built for disaster preparedness and awareness.
  • UPGRADABLE FROM DUPLEX, SINGLE DETACHED to 2-STOREY HOUSE
Site Brgy. San Roque, Lambaguhon, Iligan City
Brgy. San Roque, Lambaguhon, Iligan City)
Amenities
  • Front gates with guard house
  • Park and playground
  • Concrete access road
  • Cemented sidewalks with street lights
  • Retaining walls
  • Perimeter fence
  • Parking Areas
  • Material Recovery Facility
  • Electrical power supply
  • Water distribution system
  • Provision for telephone lines
  • Commercial Complex
House Specifications
  • Painted ceiling, walls, and partitions
  • French windows with glass
  • Reinforced solid concrete walls
  • Ceramic floor tiles (living, dining, and bedrooms)
  • Tiled bathroom with fixtures
  • Electrical fixtures
  • Pre-painted metal roof sheets
  • Kitchen with sink

Dolly (Single Detached)

Dolly (Single Detached)
House Model: Dolly (Single Detached)
Average Lot Area 99 sq. m.
Floor Area 31.5 sq. m.
Minimum Subscribe Share Capital 885,000.00
Reservation Fee (Non-refundable) 10,000.00
Advance Contribution 78,500.00
Loanable amount 796,500.00
MONTHLY CONTRIBUTION
30 years to pay (8% interest per annum) 5,844.43
25 years to pay (8% interest per annum) 6,147.52
20 years to pay (8% interest per annum) 6,662.25
15 years to pay (8% interest per annum) 7,611.77
10 years to pay (8% interest per annum) 9,663.74
5 years to pay (8% interest per annum) 16,150.15
Other fees: legal misc., Mutual Redemption Insurance, Fire Insurance, and estate management

Dolly (Single Detached)

DOLLY (2-storey, Single Detached))
House Model: DOLLY (2-storey, Single Detached)
Average Lot Area 99 sq. m.
Floor Area 31.5 sq. m.
Minimum Subscribe Share Capital 1,700,000.00
Reservation Fee (Non-refundable) 10,000.00
Advance Contribution 160,000.00
Loanable amount 1,530,000.00
MONTHLY CONTRIBUTION
30 years to pay (8% interest per annum) 11,226.60
25 years to pay (8% interest per annum) 11,808.79
20 years to pay (8% interest per annum) 12,797.53
15 years to pay (8% interest per annum) 14,621.48
10 years to pay (8% interest per annum) 18,563.12
5 years to pay (8% interest per annum) 31,022.88
Other fees: legal misc., Mutual Redemption Insurance, Fire Insurance, and estate management

Ludy (Single Attached/Duplex)

Ludy (Single Attached/Duplex)
House Model: LUDY (Single Attached/Duplex)
Average Lot Area 71.5 sq. m.
Floor Area 31.5 sq. m.
Minimum Subscribe Share Capital 755,000.00
Reservation Fee (Non-refundable) 10,000.00
Advance Contribution 65,500.00
Loanable amount 679,500.00
MONTHLY CONTRIBUTION
30 years to pay (8% interest per annum) 4,985.93
25 years to pay (8% interest per annum) 5,244.49
20 years to pay (8% interest per annum) 5,683.61
15 years to pay (8% interest per annum) 6,493.66
10 years to pay (8% interest per annum) 8,244.21
5 years to pay (8% interest per annum) 13,777.81
Other fees: legal misc., Mutual Redemption Insurance, Fire Insurance, and estate management

Ludy (2-storey, Duplex/Single Attached)

ludy-2sduplex-sa.jpg
House Model: Ludy (2-storey, Duplex/Single Attached)
Average Lot Area 71.5 sq.m.
Floor Area 31.5 sq. m.
Minimum Subscribe Share Capital 1,570,000.00
Reservation Fee (Non-refundable) 10,000.00
Advance Contribution 147,000.00
Loanable amount 1,413,000.00
MONTHLY CONTRIBUTION
30 years to pay (8% interest per annum) 10,368.09
25 years to pay (8% interest per annum) 10,905.76
20 years to pay (8% interest per annum) 11,818.90
15 years to pay (8% interest per annum) 13,503.36
10 years to pay (8% interest per annum) 17,143.59
5 years to pay (8% interest per annum) 28,650.55
Other fees: legal misc., Mutual Redemption Insurance, Fire Insurance, and estate management

Judy (Row House)

Judy (Row House)
House Model: Judy (Row House)
Average Lot Area 50 sq.m
Floor Area 31.5 sq.m.
Minimum Subscribe Share Capital 625,000.00
Reservation Fee (Non-refundable) 10,000.00
Advance Contribution 52,500.00
Loanable amount 562,500.00
MONTHLY CONTRIBUTION
30 years to pay (8% interest per annum) 4,127.43
25 years to pay (8% interest per annum) 4,341.47
20 years to pay (8% interest per annum) 4,704.98
15 years to pay (8% interest per annum) 5,375.54
10 years to pay (8% interest per annum) 6,824.68
5 years to pay (8% interest per annum) 11,405.47
Other fees: legal misc., Mutual Redemption Insurance, Fire Insurance, and estate management

Note: Interest rate is subject to changes based on bank rates.

For inquiries please contact: 223-5874 / 09274826468 (Jomarthy Lerasan)
Facebook: Msu-iit Nmpc HousingCoop
Facebook Page: Msu-iit NMPC Housing Cooperative
Email: msuiithousingcoop@yahoo.com

Qualifications:

1. MSU-IIT NMPC Member for at least two (2) years
2. Member In Good Standing (MIGS)

Preliminary Requirements:

1. 1pc. 2x2 picture
2. TIN
3. Residence Certificate
4. Marriage Contract
5. Pay Slip/Any proof of income
6. Photocopy of any government/valid ID