Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

8Dec/081

Lending Program on Environment

Program Title: DBP Lending Program on Environment
Program Objective: To support investments in projects that contribute to the improvement of the quality of environment through reduction or prevention of pollution.

Eligible Borrowers:

  • Private enterprises, at least 70% Filipino-owned Local Government Units (LGUs)
  • Government Owned & Controlled Corporations (GOCCs)
  • Non-Government Organization (NGOs)
  • Participating Financial Institutions (PFIs)


Eligible Projects:

  • Industrial pollution prevention/reduction projects
    • Cleaner technology investments
    • Pollution abatement technologies
  • Solid waste management
    • Open to controlled dumpsites
    • Sanitary landfill
    • Materials recovery facilities
    • Waste segregation/reduction
  • Efficient use of natural resources
    • Watershed/Forest management
    • Eco-tourism
  • Carbon emission reduction/carbon sequestration projects

Loan Purposes:

  • Purchase of equipment
  • Initial working capital

Terms/Requirements:
Amount:

  • For LGUs - up to 90% of total project cost
  • For Private Enterprises - up to 80% of total project cost

Interest Rate:   Prime Fixed Rate

Maturity / Repayment:   Up to 15 years with grace period of up to 3 years

Commitment Fee: 0.25% to 0.50% of undisbursed loan amount

Program Partners: Please inquire with DBP Head Office and Branches forthe requirements and for the list of the DBP-accredited Participating Financial Institutions (PFIs).

Contact Details: Same as the contact details of the DBP Lending Program for Micro, Small and Medium Enterprises.

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  1. Buguias Ancestral Domain Alternative for the Native’s Governance (BADANG), is an Ancestral Domain – Indigenous Peoples Organization (AD-IPO)was organized under the Indigenous Peoples Right Act (IPRA) Law under the supervision of the National Commission on Indigenous Peoples, Cordillera Administrative Region.(NCIP-CAR).

    BADANG started the production of ARABICA Coffee as community livelihood and also as Environmental Management. Around 30,000 seedlings were distributed from 2007 to 2008.

    In this connection, are we qualified on the Watershed/Forest Management Loan?

    Thank you very much.


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