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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March 2nd, 2009 - 14:47
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.