National Livelihood Support Fund (NLSF)
Program Title: NLSF Microfinance Program
Program Objective: To provide livelihood and enterprise development assistance to small farmer beneficiaries in the Agrarian Reform Communities (ARCs) and members of the marginalized sectors by providing access to micro credit through accredited NLSF program partners/conduits, supported by capability building/institutional development interventions.
Eligible Borrowers:
a. Program Partners/Conduits
- Rural Financial Institutions (RFIs)
- Cooperatives
- Non-Governmental Organizations (NGOs)
b. End-Borrowers
- Small farmer households and their organizations in the ARCs
- Enterprising poor in the marginalized communities, including coconut farmers/workers under the Credit Assistance for Coconut Famers (CACF) Program; youth graduates (18-35 years old) of entrepreneurial or skills training programs of TESDA and NYC (preferably out-of-school youth).
Loan Purposes:
a. Omnibus Credit Line - funds for relending to finance the livelihood project requirements of end-borrowers.
b. Soft Loan - intended to finance the logistic support expenses of the client in implementing the NLSF-funded credit program. The loan can be used specifically for the following:
- Conduct of capability-building/training programs for all the staff of the conduit handling the NLSF livelihood credit program and the conduct of social preparation activities for the sub-borrowers.
- Logistic support expenses as allowed by NLSF and depending on its assessment of the needs of the client.
Terms/Requirements:
a. Amount:
a1. Program Partners
- Omnibus Credit Line- Depends on the credit evaluation, program plans and number of target end-borrowers but not to exceed its total asset base.
- Soft Loan - depends on the needs of the Program Partner as assessed by NLSF but not to exceed 10% of the approved credit line. There must be at least 50% availment from the credit line for relending before the soft loan could be availed of.
a2. End-Borrowers - Maximum of P50.000.00 per sub-borrower.
b. Interest Rates:
b1. Program Partners
- Omnibus Credit Line- 9% per annum
- Soft Loan - 4% per annum; loan duration shall depend on the nature of the soft loan utilization but not to exceed three (3) years.
c. Security:
c1. Program Partners
- Continuing Deed of Assignment of sub-borrowers' Promissory Notes and their underlying collaterals
- Post-dated Checks
- Chattel or Real Estate Mortgage, if any.
c2. End-Borrowers - no collateral
d. Application Requirements
- Accomplished NLSF application form
- Registration and Incorporation papers
- Board Resolution authorizing the borrowing from NLSF and designating the officers to sign the documents Personal Data Sheet of the Board of Directors and Principal Officers including 2'X2' pictures
- List of top 20 stockholders or regular members for coops or active/ founding members for NGOs
- 3 Years Audited plus latest interim Financial Statements Latest Microfinance Project Status Reports
Contact Details
4th Floor Mansion Building, Emerald Avenue Ortigas Center, Pasig City
Phone: (02) 631-2955/57/44/47, (02) 914-7290 to 97
Fax: (02) 631-2953/54
Email: nlsf@nlsf.gov.ph
Web: www.nlsf.gov.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
March 5th, 2009 - 13:35
Sa namahala po ng NLSF,
Maaari po banag malaman kung ang aming Presidenteng si Mrs. Maria Belen hernandez ay nagfile o naghulog sainyo ng aming mga contribution sa Mahal Foundation Inc. sa project for livelihood program to Camarines sur Chapter. Nais lang po naming mga myembro na maintindihan kung ang aming pinaghirapan ay may patutunguhan sa project na nasabi.
Hihintayin po namin ang inyong balita ukol dito. Matagal na po namin itong hinihintay. Sa totoo lang gusto ko na pong pumunta ng maynila para derechong magtanong sa inyong tanggapan kaya lang po di po namin alam ang inyong opisina at wala pa kaming balita sa aming kontribusyon.
Hiling po namin at ng aming mga kasmahan ang inyong madaliang kasagutan sa aming tanong.
maraming salamat po.
Ms. Francia Otares
Santiago Young, nabua Camarines sur
cp # 09074379216
July 21st, 2009 - 10:52
May i request from your good office to look our Land title bearing lot P-12700,was made our Colateral for our Loan from NLSF last 1984 up to present i followed up at the Presidential Managament Staff Davao City.
pls. contact me at this number…
09207295581
heirs of Basiawan Moro
September 1st, 2009 - 14:42
gud day po, ask lng po ako di p po kmi kasal ung husband ko nasa saudi arabia pwede po b kmi mk loan pano po ang procedure and documents needed were planning to have a small bussines hbang nandun cia mk operate ako dito s pilipinas meron po bng ibang type of loan without collateral ano po ang pwede kc po 2yrs p lng cia dun wl p kmimg properties anong type of loans po b ang pwede at pno ang sample computation salamt sna po matulongan nyo kmi
September 29th, 2009 - 14:19
To whom this may concern please:
Kindly assist us in searching the details of the loan granted by your agency about 8 to 10 years ago for a piggery project in Barangay Villa Santos,Munoz (Science City of Munoz now), Nueva Ecija in the amount of about P400,000.00.Said loan was arranged and had approved by Former Sangguniang Bayan Member Mauricio Corpuz In coordination with a “Male Korean Consultant and a Lady” whose names we cannot recall but we’re in the process of checking this out.
Please help us because a parcel of land serving as collateral is nowhere to be found and the owner, Mr. Jose “Peping” Domingo is very worried about the plight of his land.
The borrowers are willing to pay said loan in exchange for the land title. Please give this matter your priority attention.
Thank you very much !
November 25th, 2009 - 09:02
good day po at present i do hog,poultry rasing business may konti din po baka may farm kami na 3 hec. pano ho ako maka engage ng loan sa inyo ano po ang mga requirements gusto ko po kc i expand ang hog and poultry business namin thaks po
March 4th, 2010 - 16:11
We are a foundation with 10 local churches under our Organization. Can we avail of a soft loan to assist our members in starting a micro business as part of our Livelihood Program?
Kindly assist us on this matter.
Helen D. Rivera
Executive Officer/Secretary
March 14th, 2010 - 08:59
Magandang Araw po, ask lang po ako kong paano kami maka avail sa inyong mga programa, kaming mga farmers dito sa gingoog city. extend po ninyo sa amin ang inyong services…
maraming salamat po,
santos nueva
09194256575
April 25th, 2010 - 15:54
hi i have a small business and i want to know how could i avail of the loan cause i want to expand my business and also to get a food cart frasnchise business pls. txt or email me (nars8dc@yahoo.com.ph)(09059203444)
thanks and god bless
narciso cuntapay
June 5th, 2010 - 20:26
good day po! nais ko lang po humingi ng advice kung possible po magrant ako ng loan para mabuksan ko po ulit yung foodcart ko inside school. ok po ang benta except that nung magresign po ako from work after 13 years and got nothing na inaasahan ko pra maexpand di ko na po nagawa. dito po ako sa san jose del monte bulacan at yung pwesto po ay sa bulacan state university. wala po ako collateral na pwede ioffer. sana po matulungan niyo ako. eto po cp#09105540925. salamat po and God bless
September 26th, 2010 - 11:50
@Markus I get your drift on where you were going there. I often think of my past and use it as a means to analyze where I am and where I want to get to. Where I struggel is balancing it all out. How do you guys balance things out?
October 6th, 2010 - 21:39
ohnabibke Watch American Football bonnezzeczobie Watch NFL Live Online Free zhereceFkinn zanbraFouchee oeyHuwe
October 13th, 2010 - 13:06
mgndang araw po sa inyo,
isa po akong individual na gustong mag avail ng loan para po sa gusto kong itayong project..wholesale/retail po ng agricultural feeds(piggery,poultry and aquatic) sa aming area,dito po sa mamburao,occ.mindoro..ala po akong sapat na puhunan o maaring kolateral na maaring ipangahas kaya po lumapit ako sa inyo..ano man pong kasagutan ninyo ay maluwag ko pong uunawain..
maramming salamat po
October 17th, 2010 - 06:22
Interesting post! Thanks!
October 20th, 2010 - 02:07
Fine information. Thanks so much, I look forward to reading more of your posts.
October 20th, 2010 - 02:26
Interesting reading. Nice piece of info, very well written article.
October 22nd, 2010 - 09:49
Nice reading. Very helpful, have a good day!
October 26th, 2010 - 05:38
Fine info. Nice piece of info, very informative and easy to understand.
October 30th, 2010 - 08:42
Useful reading. Nice piece of info, keep up all the work.
November 4th, 2010 - 19:40
not sure I concur with everything, nonetheless you bring up various good things.
November 8th, 2010 - 19:27
Interesting site. Thank you, have a good day!
November 11th, 2010 - 19:35
More appealing than knowledge itself is the feeling of knowledge.
November 12th, 2010 - 09:43
Thank you for the useful information! I wouldn’t have found this by myself!
November 12th, 2010 - 11:10
Straightforward and written well, thanks for the info
November 13th, 2010 - 02:29
I’m having a little issue I cannot seem to be able to subscribe your feed, I’m using google reader fyi.
November 13th, 2010 - 02:31
TY a ton for posting, it was very informative and helped me tons
November 13th, 2010 - 02:35
No BS and written well, tyvm for the information
November 13th, 2010 - 02:37
When I click your RSS feed it seems to be a bunch of unformatted html, is the problem on my side?
November 13th, 2010 - 02:39
Thank you for the helpful information! I wouldn’t have discovered this myself!
November 13th, 2010 - 02:40
I’ve meant to write something like this on my website and this has given me an idea. TY.
November 13th, 2010 - 04:50
TY for writing this, it was very handy and told very much
November 13th, 2010 - 05:58
I’m having a small issue I cannot subscribe your rss feed, I’m using google reader fyi.
November 13th, 2010 - 06:01
I just added your feed to my favorites. I enjoy reading your posts. Thank you!
November 13th, 2010 - 06:10
I’m having a little problem I cannot subscribe your feed, I’m using google reader fyi.
November 13th, 2010 - 06:27
I agree, thanks for sharing this..
November 13th, 2010 - 06:34
Straight to the point and written well, ty for the post
November 13th, 2010 - 07:30
Me too, tyvm for sharing this..
November 13th, 2010 - 08:02
Straightforward and written well, thanks for the post
November 13th, 2010 - 11:09
I just added your page to my favorites. I really like reading your posts. Tyvm!
November 13th, 2010 - 11:13
I’ve meant to write something like this on my webpage and you have given me an idea. Thank you.
November 13th, 2010 - 22:42
hotels in killarney town center,list of hotels in killarney town
November 15th, 2010 - 07:44
A thoughtful insight and ideas I will use on my blog. You’ve obviously spent a lot of time on this. Thank you!
November 15th, 2010 - 19:00
Just thought I would comment and say neat theme, did you create it for yourself? Looks really good!
November 16th, 2010 - 19:28
I must say. while reading what I just read, you sound like an amazing author! Really, you use very good grammar, proper use of pronunciations, proper everything! I might also like to add and say that I believe you pin pointed my style of writing as well which I adore! What I also admire about your blog is that you provide an opportunity for a larger variety of an audience to unravel the immense storyline of your writings. And with that, I believe you will definitely continue succeeding in flourishing an exceptionally well written piece
Another webpage I read this day with good grammar was eurogrand casino at another website.
November 17th, 2010 - 02:11
Erniebecokier TLD EaczerPenwarben Roceanncuppkee VirginaPennahio orakEverzc
November 17th, 2010 - 06:46
I agree, tyvm for posting this..
November 17th, 2010 - 22:29
spa hotels in killarney,4 star hotels in killarney
November 17th, 2010 - 23:31
I’m having a weird problem I cannot make my reader pick up your rss feed, I’m using google reader by the way.
November 18th, 2010 - 11:40
I agree with your thoughts here and I really love your blog! I’ve bookmarked it so that I can come back & read more in the future.
November 18th, 2010 - 22:55
wow, awesome post, I was wondering the same thing. and found your site by google, many userful stuff here, now i have got some idea. bookmarked and also signed up your rss. keep us updated.
November 19th, 2010 - 08:29
This really is okay. Now i’m sitting in my hotel room in Killarney looking through a majority of these responses. Numerous are great and some fail to try to make a lot logic whatsoever. I am on vacation nonetheless I just was not able to help myself away from taking a look at this webpage inspite of my hotel room here in Killarney bills online consumption on hourly basis.hotels in killarney ireland,hotels in killarney town with swimming pool