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

Microfinance Eco-Enterprise Program

Program Objectives:

• To assist community finance institutions (CFIs) set up windows of financing schemes for the entrepreneurial poor and micro-enterprises entering and participating in eco-enterprise ventures;
• To create CFI models that are community oriented, economically viable and integrate ecological concerns in their operation; and
• To increase the participation of the entrepreneurial poor and micro-enterprises in the Sustainable Waste Management Sector, Coco Coir Sub-Sectors and other Eco-Enterprises through microfinance.

Eligible Borrowers:

• Non-government Organizations (NGOs). People's Organizations (POs), Cooperatives, Federations. Unions, Industry Associations
• Rural Banks and Cooperative Banks

Financial Products and Services:

• Loan (Term Loan, Credit Line) Guarantee
• Developmental Deposit
• Equity/Joint Venture

Terms/Requirements

Amount: Minimum of P500 Thousand; Maximum of P35.0 Million (Maximum of P5.0 Million for first-time borrowers)

Interest Rate:

• For Loans - prevailing 364-day T-Bill Rates + (5 - Project's EEI rating) + 2% SF + RVAT
• For Deposits - prevailing 364-day T-Bill Rates + (5 - Project's EEI rating) + SF

Contact Details:

Foundation for a Sustainable Society, Inc. (FSSI)
Unit E, 46 Samar Avenue corner Eugenio Lopez Street South Triangle, Quezon City
Phone/Fax: (632)928.8671, Mobile: +639209539852
e-mail:  atorres@fssi.com.ph
Web: www.fssi.com.ph, areclusado@fssi.com.ph