|
Window
|
Loan
Program
|
Coverage
|
Regular
Loan
|
Loan
Terms
|
|
1
|
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
|
LWUA
Board Resolution No. 38 Series of 2009 (click
to view) has lowered the interest rates under Loan Window 1
while extending the amortization period to 40 years. The new
terms are as follows:
Repayment
period
= Interest Rates
10
years max = 9.2 % p.a.
20
years max = 9.5 % p.a.
30
years max = 9.8 % p.a.
40
years max = 10.2 % p.a.
NOTE:
Applicable
to loans approved starting March 10, 2009
Interest
Rates prior to the above amendments:
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.
|
| Level
II |
Repair/rehabilitation/
expansion of existing water supply system; development of new system |
40%
to 100% of Project Cost |
|
2
|
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. |
|
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
Maximum loan amount= P10-M
|
7.50
% p.a. for a 10-year loan
9.00%
p.a. for a 15 to 20-year loan
|
|
3
|
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. |
|
4
|
|
Project
Development
a.
Feasibility Studies
b. Test well drilling related to feasibility study
Eligibility:
All WDs
|
No
limit in loan amount
|
Interest
Rate shall not be higher than the inmterest rates offered in
other LWUA loan Windows
Repayment
Period:
Up to 5 years inclusive of up to 2 years grace period
|
Efficiency
Improvement
a.
NRW reduction
b. Revenue enhancement
c. Cost reduction
d. Capacity building
e. Studies related to above
Eligibility:
Semicreditworthy and Precreditworthy WDs
|
Single
borrower limit= P30 Million
|
Interest
Rate: Pending the amendment of the appropriate resolution, the
interest rate of 7.5% p.a. for a 10-year loan and 9% for a loan
of more than 10 years.
Repayment
Period:
Up to 5 years for loans P10 Million and below
Up
to 10 years for loans above P10 million
|
