12Jan/09208
Sustainable Partnership for Eco-Enterprise Development (SPEED)
Program Title: Sustainable Partnership for Eco-Enterprise Development (SPEED)
Program Objectives:
- To harness the entrepreneurial capacities of the marginalized sector through direct and effective delivery of financial and enterprise development services that are appropriate to community-based enterprises, development organizations and individual private social entrepreneurs.
- To provide assistance to those emerging enterprises that promote eco-enterprise principles and at present not covered by services within the Foundation's sub-sector-specific programs.
Eligible Borrowers:
- Non-Government Organizations (NGOs), People's Organizations (POs), Cooperatives, Federations, Unions, Industry Associations
- Private Individual/Single Proprietor
- Private Corporations
Financial Products and Services:
- Loan (Term Loan, Credit Line)
- Guarantee
- Equity/Joint Venture
Terms/Requirements:
Amount: Minimum of P500.000.00; Maximum of P15.0 Million (Maximum of P5.0 Million for first time borrowers)
Interest Rate:
- For NGOs, POs, Coops & Unions - prevailing 364-day Treasury Bill Rates + 2% SF + RVAT
- For Private Social Enterprise - prevailing 364-day Treasury Bill Rates + 4% SF + RVAT
Maturity / Repayment: One to five years maturity in monthly, quarterly, semi-annual, or annual payments
Security:
- 75% Real Estate Mortgage or « Chattel Mortgage
- Deed of Assignment
- Joint and Several Suretyship (JSS) Agreement
Contact Details:
Mr. Arlen Barrameda
Senior Program Officer Phone/Fax: (632) 928.8671 e-mail: arlen@fssi.com.ph
Mr. Amado Reclusado, Jr.
Project Officer Phone/Fax: (632) 928.8671 e-mail: areclusado@fssi.com.ph
Mr. Reynante Maruquez
Technical Officer Phone/Fax: (632) 928.8671 e-mail: rvmaruquez@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
February 11th, 2011 - 02:08
Great artical, I unfortunately had some problems printing this artcle out, The print formating looks a little screwed over, something you might want to look into.
February 11th, 2011 - 12:34
There will not be many web sites with data like this man! Bookmarked!
February 11th, 2011 - 15:58
As far as me being a member here, I am glad though that I am a member. When the article was published I received a notification, so that I could participate in Comments, so perhaps that is it. But we’re certainly all intellectuals.
February 11th, 2011 - 16:50
I’m impressed, I have to say. Actually hardly ever do I encounter a blog that’s each educative and entertaining, and let me let you know, you have hit the nail on the head. Your concept is excellent; the issue is something that not enough persons are speaking intelligently about. I am very glad that I stumbled throughout this in my search for one thing referring to this.
February 11th, 2011 - 16:53
Mark Twain~ A man with a new idea is a crank – until the idea succeeds.
February 12th, 2011 - 00:39
I would like to thank you for the efforts you’ve got made in writing this post. I am hoping the identical greatest work from you in the future also. Actually your creative writing skills has inspired me to begin my own BlogEngine blog now.
February 12th, 2011 - 06:19
Wow, this is a problem that most people today face.You really hit the nail on the head.
February 12th, 2011 - 07:20
I ran into this page mistakenly, surprisingly, this is a amazing website. The site owner has done a great job writing/collecting articles to post, the info here is really insightful. Now i am going to bookmark this internet site so that I can revisit in the future.