10Dec/080
Lending Program on Water
Program Title: DBP Lending Program on Water
Program Objective: To assist selected LGUs to:
- Provide sustainable water and sanitation services; and
- Strengthen their institutional and technical capacity for planning, budgeting and financial management of local services including the water supply and sanitation.
Eligible Borrowers:
- Private operators
- Local Government Units (LGUs)
- Water Districts
Loan Purposes:
- Feasibility Study for water supply sanitation and sewerage investment
- Level 3 Water Supply System
- Sanitation
- Urban Drainage
- Consultancy services - construction supervision
- Interest during the construction period
Terms/Requirements:
- Amount: Up to 90% of total project cost
- Interest Rate: Prime Fixed Rate
- Maturity / Repayment: Up to 15 years with 3 years grace period
Contact Details: Same as the contact details of the DBP Lending Program for Micro, Small and Medium Enterprises.