Sustainable Waste Management Eco-Enterprise Program (SWEEP)
Program Title: Sustainable Waste Management Eco-Enterprise Program (SWEEP)
Program Objective: To provide technical and business development support and financial services to stimulate and accelerate the development of viable and ecologically sound entrepreneurial activities in the waste management sector.
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. Augusto Camba
Associate Executive Director
Phone/Fax: (632) 928.8671
E-mail: ac@fssi.com.ph
Web: www.fssi.com.ph
Feb 9th, 2009 at 7:09 pm
Dear Sir,
I’d like to inquire about this program. We are salvaging a sunken vessel at zambales, and we need additional capital to lift the scrap metal from under the sea. Buyers are waiting for us to deliver, and some are willing to pick it up ones ready. Kindly email me, if we are qualified to borrow.
Respectfully,
Maryann G. Agana
+639272727391
Nov 1st, 2009 at 7:14 pm
If you want to start a business or having an existing business and you want to avail a loan. The following documents must be prepared:
* Project Feasibility Study of the proposed business or exisitng business
* Business Name, Business Permits (Mayor, Brgy, BIR, etc)
* Collateral(Real Estate)
– Title
– Tax Declaration
– Tax Reciepts
– Tax Clearance
– Location Map, Boundary Survey
* Market Contract
* Letter of Intent
I am engaged in consultancy services and I can assist you in facilitating the requirements of your loan
You can contact me at 09085946641/09277922945 Dario Quitan
or email me at dcquitan@yahoo.com