Lending Program for Micro, Small and Medium Enterprises
Program Title: DBP Lending Program for Micro, Small and Medium Enterprises
Program Objective: To provide assistance to sectors considered to be the backbone of our economy – the Micro, Small and Medium Enterprises.
Eligible Borrowers:
- Small and Medium-sized Enterprises (SMEs);
- Microfinance Institutions (MFIs) and Participating Financial Institutions (PFIs)
- Micro-enterprises through MFIs/PFIs
- Local Government Units (LGUs)
- SME projects must be engaged in the following sectors: manufacturing,support industries, trading, sevice, communications, computer software, transportation and transport services, storage and warehousing facilities, and education linked to manufacturing
Loan Purposes:
- For SMEs:
- Fixed Asset Acquisition; acquisition/construction of building and acquisition of machinery/equipment
- Investment in construction, expansion and modernization of new and existing capacities as well as related consultancy services;
- Acquisition of machinery/equipment, new technology including spare parts, components, industrial machinery and software packages;
- Investment to enhance research and development, innovation efforts including training that would improve and strengthen competitiveness of products;
- Start-up capitalization;
- Refinancing;
- Factoring; and,
- Permanent working capital for stock of raw materials, supplies and other requirements needed. For Micro-Enterprises – fixed asset acquisition and working capital
- For LGUs – fixed asset acquisition
Terms/Requirements:
Amount:
- For SMEs
- For importation of fixed asset – up to 100% of investment cost and a maximum EUR 2.56 Million or P170 Million for importation of fixed assets
- For local procurement of fixed asset – up to 80% of investment cost and a maximum of P100 Million o For working capital loans accompanied by fixed asset – up to P50 Million, or 50% of the loan amount, whichever is lower
- For stand-alone working capital – up to P50 Million
- For micro-enterprises – up to P1 50, 000. 00
- For LGUs – up to 90% of investment cost with a maximum of EUR 3 MM
Interest Rate: Prime Fixed Rate
Maturity / Repayment:
- For SMEs – up to fifteen (1 5) years with a grace period of five (5) years.
- For micro-enterprises – up to three (3) years
- For LGUs – up to ten (1 0) years with three (3) years grace period
Program Partners:
Please inquire with DBP Head Office and Branches for the requirements and for the list of the DBP-accredited Participating Financial Institutions (PFIs).
Contact Details:
Development Bank of the Philippines (DBP)
Head Office: Sen. Gil J. Puyat Ave. cor. Makati Avenue, Makati City
- Head Office: Trunkline: 818-9511 to 20
- Program Development I: 893-4444 local 3503/3504, Fax: 893-5380
- Program Development II: 817-0473 local 3317/3318, Fax: 815-1517
- Corporate Banking I: 813-2730 local 3210/3211, Fax: 893-8906
- Corporate Banking II: 818-5382 local 3207/3208, Fax: 812-9986
- Corporate Banking III: 813-6428 local 3418/3419, Fax: 812-3618
- Fund Sourcing: 815-0916 local 2304/3320, Fax: 815.1611
South Luzon Area Management Office
DBP Bldg., Commonwealth Avenue, Diliman, Quezon City 1115
Phone: (02) 920-4904/4708/4905/4717
Email: amost@devbankphil.com.ph
North Luzon Area Management Office
Dona Isa-Fel Bldg., Dolores, San Fernando, Pampanga 2009
Phone: (045) 961-5834/5493
Email: amocl@devbankphil.com.ph
Visayas Area Management Office
Osmena Boulevard, Cebu City 6000
Phone: (032) 254-9163, 255-6325/6321
Email: amocv@devbankphil.com.ph
Mindanao Area Management Office
DBP Building, Tirso Neri & Corrales Sts.
Cagayan de Oro City 9000
Phone: (08822) 72-2647, 72-3813, 72-2648
(088) 856-4517, 856-4551
Email: amo-nm@devbankphil.com.ph
Dec 26th, 2008 at 10:27 pm
Sir I am OFW but at the moment i m here in the philippines. I want to start business to add my monthly income. at the moment I dont have enough money to start but I am very willing to do now. can you help me by loan thru micro-enterprise financing loan.
E mail the details. thanks…
germilec@yahoo.com
Dec 31st, 2008 at 12:49 pm
Dear Sir/Madam:
I am a resident of Cagayan de Oro City and I am planning to oopen up a business on processed seafoods from southern mindanao. I have already contacted the manufacturer and is willing to make me a dealer in Cagayan de Oro. I need however, a start up capital. Will I be eligible to apply as small enterprise borrower at DBP? If yes how will I go about applying for a soft loan?
Thank you very much.
RPV. Briones, MD
Jan 5th, 2009 at 12:09 pm
i am a plain housewife pwede po ba akong makahiram ng puhunan para maka pag start ng small business what are the requirements needed.
Jan 5th, 2009 at 2:21 pm
hello, i am an ofw right now here in hongkong and planning to go homefor good next month and im planning to start a grocery business with mix items like what i see here in hk. i wonder if you can help me for more financial needs.i have good place to build my grocery.how to get a loan from you. please email me at mariacellflores@yahoo.com……..best wishes,maricel
Jan 5th, 2009 at 10:13 pm
Sir:
Ihave a 2.5 hactar fishpond farmlocated in Bacolor Pampanga.I was wondering if I could avail a loan from DPD to start an agribusiness. Please email me at jekjek5@yahoo.com. Thank u!
Jan 14th, 2009 at 12:58 pm
Gud day! May I know the lending operation of your company?..
What can you say about the lending operation?; its advantages probably or its concept…
Jan 23rd, 2009 at 1:03 am
im an OFW from Dubai , working as secretary for 13 years . Im planning to start business in the Philippines with my daughters . I want to start a garment shop in Tutuban Mall and i already found a supplier from Baclaran , However , i need a capital of Pesos 100.000 .Presently , i dont have enough money to start, Is it possible for me to take a loan . Can u please help me to take loan thru micro-enterprise financing loan. Kindly send me the all necessary requirements .
Thanks in advance. Lyn
Jan 23rd, 2009 at 9:44 pm
hello,i am a plain housewife. I am planning to put up my own franchise business but I don’t have enough capital. Can I borrow it from you? How and what are the requirements?.. God Bless and More Power
Jan 26th, 2009 at 10:35 am
Hi, Im a pastry chef planning to open a bakery business. I have a complete bakery equipments but dont have a start up capital yet. Can u pls help me on how to start this business. How and what are the necessary requirements?.. Thanks and God Bless.
Feb 2nd, 2009 at 3:35 pm
Gud pm! Hi! I’m planning to put up my own business like food cart business. Can you please help me how can I borrow from you? What are the requirements needed? More Power !!! Thanks a lot!
Feb 4th, 2009 at 11:37 pm
Sir,
I am an ofw but now I’m here in the Philippine and jobless.I”ll try to put up a small bussiness particularly an internet shop in
my place here in Quezon province.I already have 2 computers and a printer scanner.What I need is a bigger place and an additional
unit.I have a place here in my home but I need to repair it.I dont have money for the construction and for additional unit.Can you
please help me how to borrow from the bank thru micro-finance program.
Thanks and more power.God bless you all
Feb 17th, 2009 at 5:58 pm
Sir/Madam,
I am currently working at Sultanate of Oman and I’m planning to
open up a business on agricultural products using hydroponics.however,I dont have enaugh funding for this business.with this, I am seeking for good idea to have a start up capital.and good thing is I have read the offers you have for interested people. Will I be eligible to apply as small enterprise borrower at DBP? If yes how will I go about applying for loan? Please emailback (rnmsn_bhel@yahoo.com)for my querries ‘coz I’m really interested to apply for this program.
Thank you and hoping for your immidiate response regarding this matter.
RPM Evangelista
Feb 18th, 2009 at 6:48 am
I am also an OFW before Master on board the vessel for 10 years until I decided to stop last Apr-07 and engaged in Poultry Layer industries. I knew how start up OFW felt especially with less capital. But for those who are serious enough to invest in any type of business what you will do is a little money to start. The most impt. of all in your decision-making to engage in any business is the assurance how the market will receive your product. Think several times which field you are going into. There are a lot of Banks like Sterling bank of Asia newly established who are encouraging small scale entrepreneurs who want to invest in our country. What is impt. here is your IDEAS you can present & finally convince them that there is a strong potential in the business you are going into. In business, failures of whatever sort is the main ingredient in the success of your venture so don’t forget to rely your hard earned money to anyone. Start-ups need vigor and persistence to keep the business going so don’t give up study your homework very well in paper. It’s better to make mistake in paper rather than wasting your hard earned money in real world. Going abroad is a temporary one, we need to invest here in our country look for the right opportunities and strive it there till you achieve the fruit of hardships. My best regards to all OFW comrades. God bless.
Feb 25th, 2009 at 3:12 pm
I am in canteen business for several years, recently we expand our operations by opening two more outlet, we have avail micro-financing at nearby rural banks, but later i realized that we cannot sustain operations due to very short term policy of this micro-financing program, until we have no choice than to loan in a hefty interest charges of INDIAN lender. Now, profit is eaten-up by these lending operator.
Our business needs to avail long term or even one year loan program, how can we avail your financing facilities. Please help!!
Lino Mesiona
Mar 5th, 2009 at 11:39 pm
Hi I’m a wife of an OFW and I am starting an Agribusiness particularly in Vegetable Farming to supplement my husband’s income and to be self sustaining. We have already purchased a 1.5ha farm lot very ideal for vegetable farming and have made a projection of the business potential and it’s very good because we are located near Cebu where there is a big demand for vegetable.
I wanted to start right away but I need working capital to have water system for the farm, to build a small farm house, to buy for the High Value hybrid vegetable seeds and fertilizers. Will I be able to qualify for a Micro Finance Loan? What do I need to present if ever.
I would really appreciate your help, Please email me at emalynarts@yahoo.com
Sincerely,
emalyn artates
Mar 17th, 2009 at 6:28 pm
hi! I have a small sportwear shop business running for 5 years now.i would like to avail for a micro- finance loan. what are the requirements and how long is the procedures before you get the loan.? I really need this loan to refinance my business.
Thanks
Mar 20th, 2009 at 12:54 pm
hi. I currently have a home based business and I want to set up a shop for my business. I would like to avail of micro-finance loan to serve as my startup capital in setting up our shop. please let me know how i can qualify and what are the requirements..
thanks.
Apr 1st, 2009 at 7:31 am
Please let me know how can I avail of that loan, since I am an OFW who’s on leave now. I really want to start a small business but I need more capital. Thank You.
Apr 8th, 2009 at 4:55 pm
Good day!
I have a computer shop here in Meycauyan, Bulacan. Plan to add more computers for a better income.can I avail a loan?
Apr 15th, 2009 at 1:55 pm
Good day!
I am a business ad graduate in a certain university in cdo. I would like to open up a business but has no enough capital. I plan to open up an internet cafe cause I have already my internet connection. Can I avail of a loan. Thank you so much. This will be a great help.
Apr 23rd, 2009 at 7:24 pm
good day, im still here in new zealand and working as a herd manager for 3 yrs already in a dairy farm. in the philippines my family has a rice farm business also a piggery business. im planning to expand it, i want to enquire about ur lending program. can i have a chance? by the way im from bataan. tnx
Apr 26th, 2009 at 3:53 pm
hi!my ofw,im going back in philippines for vacation but i want to have a grocery businesss while im there.pls help me to avail a capital for it.where i can loan?
Apr 27th, 2009 at 8:29 am
Mr. Lourence, Ms. Rowena,
my bank can help you. please email me your contact details my email add is globalcity@bankofflorida.com.ph
Apr 27th, 2009 at 4:18 pm
Hi, this is Nidhi Fatehpuria.
e-mail me and let me know of your needs and expectations..
I shall get back to you with all the help that you need!
May 9th, 2009 at 1:20 am
Bediako
08 May 2009,@1740pm
Hi, I’m Agyemang Bediako, I have dicovered a great opportunity in goat rearing in Ghana.I have even started by acquiring land, build a room and a pen and have also bought about 20 goats as a start up stock.I need a loan to fence the area, buy more stock, build more pen and and employ workers. Please help me. My address is daddybediako@yahoo.co.uk or box 25 asante akyem juansa, Ghana
May 16th, 2009 at 5:33 pm
Dear Sir/Madam:
I am a resident of Panungyan II, Mendez, Cavite and I am planning to open up a business on rice and “patuka ng manok” selling and if possible a computer shop or an internet cafe here in our neighborhood, even a 3 – 6 computers is enough to start a business.I am a plain housewife and a mother of four children and three of them needs to send to college. I need however, a start up capital. Will I be eligible to apply as small enterprise borrower “Lending Program for Micro, Small and Medium Enterprises”at DBP? If yes how will I go about applying for a loan? What are the necessary requirements? Hoping for your response.
Thank you very much and more power!.
Yours Truly,
Emelinda J. Sarmiento
May 19th, 2009 at 11:47 pm
Hi to anybody who can help me!
I am a resident of Panungyan II, Mendez, Cavite, Philippines and I am planning to open up a business on rice and “patuka ng manok” selling and if possible a computer shop or an internet cafe here in our neighborhood, even a 3 – 6 computers is enough to start a business and I already have an internet connection.By the way I am a plain housewife and a mother of four children and three of them needs to send to college. I need however, a start up capital but i don’t know if where can i borrow.Loan in the bank makes hard for me to produce all the requirements and i don’t have much knowledge of how and where can I get it all.Pls. help me.
Jun 9th, 2009 at 11:57 am
to whom it may concern,
Dear sir/mam,
I am an organic fertilizer producer for the past 5 years the hardship of introducing organic farming to farmers has come to its lag phase and also the effect of higher farm inputs leading farmers to be aware and shift. But then on my constrain now is on finance to support the production. Other financial institution wasnt that friendly for my venture. May I ask your assistance to lift this venture and promote better living thru an ecological manner. thank you very much. hope for your considerative repy.
EDgardo G. Villamante
Brgy. Babancal, Candelaria, Zambales
Contact no. 09293879648.
Jun 15th, 2009 at 3:41 am
Please furnish me the email address of Nidhi Fatehpuria.
Thank you
Jun 16th, 2009 at 9:18 am
Hi, am john a consultant on waste management that will lead to organic fertilizer production of biodegradable waste. We have the technology on how to produce the product without foul smell and can be upgraded into bio-fertilizer where it is sought today by famers coz of govt advocacy to use organic fert in crops.
Can an LGU qualify for an environment loan? thanks
Jun 24th, 2009 at 2:47 pm
Hi, i am rose from Bacolod city. I am a nurse and i want to add my income because my salary alone can’t sustain my 2 kids. I want to start a business but nobody will let me borrow money. can you help me? thanks
Jun 24th, 2009 at 4:14 pm
Good day, i have my own business right now and it is already running for more than 6 years. Im into fire and safety business. I have a lot of client but i don’t have enough capital to cater them. Can i borrow additional capital. Please help me.thanks
Jul 9th, 2009 at 3:23 pm
Hi! Good day, I’m Anthony Asst Store Mnger in retail store.i want another source of income Bec. my salary is not big and isn’t enough to sustain our Daily Expenses I’m the breadwinner in my family..i want to start a new business but nobody want to borrowed me a money.please help me..thank you for your consideration and kind..
Jul 13th, 2009 at 11:26 pm
Good day!
I have an on-going muscovado mill project located in Brgy.Malalangsi, Pamplona Negros Oriental with a target maximum production of 10 tons of muscovado daily. I already have a Japanese contact/buyer waiting for my product. I am looking for a financial support in this project. Hope you can be of help.
Thanks a lot!
Bunny
cel 09173140683
Jul 31st, 2009 at 6:58 am
We are willing to grant loan from 10k-100k,w/ complete documents
Aug 7th, 2009 at 12:52 pm
Dear Sir / Madam,
Good day, just like our other kababayan, I am already on the process of putting up my small business. Please help me on how I can avail of help financial help. Please. Thank you.
Aug 13th, 2009 at 3:12 pm
sir/mam
please help me with my financial problem, i want to open a small business but my budget is not enough.i want to help my husband to earn money for our children. pls.
Aug 24th, 2009 at 11:16 am
sir/madam,
We are engage in financing and retailing of products such as motorcycle/appliances/computers/laptops. We just wonder if you can give us opportunity to serve some of your requirements in the future. Thanks a lot!More Power!
Aug 26th, 2009 at 2:50 pm
Hi,im currently operating a school canteen in one of the universities here in Lucena City, Quezon. I like to seek for financial assistance from your organization. May I know where can I call or visit? thanks
Sep 3rd, 2009 at 10:11 am
I already have a small business, I want to expand it and I dont have enough capital for it. How and where can I apply for a loan? thanks
Sep 5th, 2009 at 4:06 pm
Good and pleasant day to all!I’m looking for a finanacial support for my project.Hope you can be of help. Thank you and best regards.Please help me of how can I avail of help financially.
Sep 9th, 2009 at 6:57 pm
Hello,I am in the process of putting up of a small business.Please help me on how I can avail of the loan financially.Thank you and regards.
Oct 6th, 2009 at 3:46 pm
I am already operating a small business, as a sub-dealer.Ou distributor offering as to be a dealer but I dont have enough capital.Where and how can I apply for a loan?Thanks.
Oct 20th, 2009 at 11:52 pm
I just retired from my job last april 2009, I have put up a trucking bus. and operating with 2 trucks. I have tied up with a forwarding company, and I wanted to expand my business by adding more trucks. How and where can I apply for a loan. I’m based in Cebu City.
Oct 30th, 2009 at 3:47 pm
gudpm po, i am a college teacher for 11yrs.in midsayap,north cotabato but still my income is so insufficient and can’t afford to build my own house. Almost a year that i plan to put a small business like grocery store but i have no capital for it. CAN YOU HELP ME OF THIS?can i avail a loan in your organization? how? thanks so much…
Oct 31st, 2009 at 8:47 am
I am a former OFW i want to help my husband for having a small eatery he is a seaman i am very interested about your micro finance hope that you can help me?pls.reply and give me information at my email address.this is my email add,grejoyce50894@yahoo.com
Nov 1st, 2009 at 7:58 pm
If you want to start a business or having an existing business and you want to avail a loan. The following documents must be prepared:
* Project Feasibility Study of the proposed business or exisitng business
* Business Name, Business Permits (Mayor, Brgy, BIR, etc)
* Collateral(Real Estate)
– Title
– Tax Declaration
– Tax Reciepts
– Tax Clearance
– Location Map, Boundary Survey
* Market Contract
* Letter of Intent
I am engaged in consultancy services and I can assist you in facilitating the requirements of your loan
You can contact me at 09085946641/09277922945 Dario Quitan
or email me at dcquitan@yahoo.com
Nov 4th, 2009 at 12:31 am
Hello! My brother and I are planning to start a business – swine production – in our province, Quezon. I am currently working abroad and would like to avail micro-finanace program. Where and how can we apply for loan? What are the requirements and paper works that we need to submit?
Thank you for your assistance.