8Feb/10313
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
Recent Posts
- Wholesale Lending Window for Graduating Micros and BMBEs
- Wholesale Microfinance Program
- MFI Employees Loan Facility
- Micro-Housing Loan Facility
- Micro-Energy Credit Program
- Livelihood Development Program for OFWs
- Microfinance Eco-Enterprise Program
- Microfinance Program for NGOs and Cooperatives
- Self-Employment Assistance Program
- Microfinance Program for Rural Workers
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