|
Window
|
Loan
Program
|
Coverage
|
Regular
Loan
|
Loan
Terms
|
|
1
|
a.
Level III |
Start-up
of existing water supply system; repair/rehabilitation of
existing system; immediate impact development for new/existing
system; comprehensive development |
50%
to 100% of Project Cost |
Interest
Rates:
First P2.0M = 8.5% p.a.
Next P5.0M = 10.5% p.a.
Next P13.0M = 12.5% p.a.
Next P30.0M = 14% p.a.
Over P50.0M = 15% p.a.
Repayment
Period:
For LWUA capital funded loans, maximum of twenty-five
(25) years including a maximum grace period of four (4)
years inclusive of construction period. For borrowed local
and foreign capital funded loans, equivalent to the repayment
period of the borrowed funds of up to a maximum of twenty-five
(25) years including a maximum grace period of four (4)
years inclusive of construction period.
|
| b.
Level II |
Repair/rehabilitation/
expansion of existing water supply system; development of
new system |
40%
to 100% of Project Cost |
|
2
|
c.
New Service Connection |
For
Level III's generation of additional service connections |
100%
of Project Cost |
Interest
Rates shall be based on prevailing applicable rates;
Repayment period of five (5) years to start one (1) year
after initial disbursement. |
| d.
Special Loan |
Watershed
management |
Maximum
of 100% of Project Cost |
Interest
Rates shall be based on prevailing applicable rates;
Repayment period of up to a maximum of fifteen (15) years |
|
Emergency
purposes, e.g., to make operational inactive water supply
and repair/rehabilitation of system damaged by typhoon/calamities |
50%
to 100% of Project Cost |
|
3
|
e.
Water Supply Facilities - Commercial Loan |
Expansion
of water supply system; source development; service connections;
construction of administration building; purchase of vehicles/equipment/tools;
other facilities that will enhance effiicient water service |
Maximum
of 100% of Project Cost |
Interest
Rates:
Funding cost (interest rates of borrowed local capital funds
and other bank charges) PLUS minimum of 2% spread but not
to exceed the current or prevailing commercial/market rates.
Repayment Period:
Equivalent to the life of the asset acquired or the repayment
period including the grace period of the borrowed funds,
whichever is shorter. |
