GGives fees and interest rates

GGives interest ranges from 0% to 5.49% per month, depending on your eligibility and loan term.

GGives interest and fees

• Interest fee: 0%–5.49% per month
• Late payment fee:
  • 1% of your loan amount for each missed due date
  • Plus 0.15% of your outstanding balance per day until you pay

Visit your GGives dashboard and tap your GGives loan to see your monthly payments and fees.

Sample late payment computation

• Date of purchase: June 10
• Loan amount: PHP 10,000
• Term: 6 months
• Monthly due date: Every 10th
• Monthly payment: PHP 2,015.67

If you miss the August 10 payment and pay on August 15:

Late payment fee = (1% × 10,000) + (0.15% × 8,333.33 × 5 days) = PHP 162.50