2010 financing programs
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FINANCING PROGRAMSFOR MICRO, SMALL
AND MEDIUM ENTERPRISES
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PREFACE
The growing number and significant role of micro, smalland medium enterprises (MSMEs) in spurring nationaleconomic growth prompted the compilation andpublication of this handbook on inancing Programs forMicro, Small, and Medium Enterprises.
The implementation of micro financing and SME lendingprograms by various institutions is generally recognizedas an essential tool in stimulating entrepreneurialactivities. Through this compendium, the Bureau ofMicro, Small and Medium Enterprise evelopment(BMSME) aims to increase the ilipino entrepreneursawareness on sources of funding available from
government and private sector institutions for hisbusiness, and encourage him to access these facilitiesbased on the capabilities of his enterprise. This menu offinancial services will hopefully develop and strengthenthe ability of MSMEs to better manage their operationalactivities and possibly embolden them to cater to areasbeyond their traditional markets.
This compilation is an initiative of BMSME under theepartment of Trade and Industry (TI).
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TABLE OF CONTENTS
I. MICRO FINANCING PROGRAMS
Asiatrust Development Bank....................................................x
Salary Loan
11
Department of Agriculture Agricultural Credit PolicyCouncil (DA-ACPC)x Agri-ishery and Microfinance Programx isheries inancing Programx Agri-Microfinance Program (AMP) for Small armers and
and isherfolk and their ouseholdsy Cooperative Bank Agri-Lending Program (CBAP)
13
Department of Social Welfare and Development (DSWD)..x Self-Employment Assistance aunlaran (SEA-) Program
26
Development Bank of the Philippines.x Microfinance Programx etail Lending for Micro and Small Enterprises
28
Foundation for a Sustainable Society, Inc. (FSSI)x Microfinance Eco-Enterprise Program (MEEP)
34
GSIS Family Bank (GFB).x GSIS amily Bank Microfinance Lending Program
36
Land Bank of the Philippines (LBP).x Microfinance Program for Microfinance Institutions -
etailersx Credit Program for Cooperativesx Accelerating Change in the Countryside thru Equity
Sharing Strategy (ACCESS)
x evelopment Advocacy (evAd) Program
38
National Livelihood Development Corporation (NLDC)..x Livelihood Credit Assistance Program (LCAP)x Livelihood evelopment Program for verseas ilipino
Workers (LP)
48
Opportunity Kauswagan Bank, Inc....x Proyekto sa auswagan sa atilingban (P)x Micro Enterprise Transition Program (METP)x Micro Enterprise evelopment Program (MEP)x Micro, Small & Medium Enterprises evelopment
Lending Program (SME)
52
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Peoples Credit and Finance Corporation (PCFC).x Microfinance Programx Micro-ousing Loan acilityx Micro-Energy Credit Programx MI Employees Loan acility
61
Philippine Microenterprise Development Foundation (PMDF)x Balikatan sa aunlaran (Partnership for Progress)
69
Small Business Corporation (SB Corporation)......x Micro Lending Through Lead Micro inance Institutions
(Micro-LEA)x Micro Lending Through MSME-riented ural Banks
(Micro-LCAL)x Micro Lending Through Small Micro inance Providers
(Micro-LEAP)
x Wholesale Lending Window for Graduating Micros andBMBEs
71
II. SME FINANCING PROGRAMS
Asiatrust Development Bank.x Bank Carry Term Loanx Short Term Loanx iscounting Line/eceivables iscountingx omestic Letter of Credit/Trust eceipt
81
Department of Science and Technology (DOST).x Small Enterprise Technology Upgrading Program (SET-UP)
85
Development Bank of the Philippines (DBP).x BP Lending Program for Small and Medium Enterprisesx ne Town ne Product (TP) Credit acilityx W i-Net Negosyo Programx Negosyo Credit Program for Government Employees
Puhunang Pangnegosyo Para sa Kawani ng Gobyerno
x rganic Agriculture inancing Programx igh alue Commercial Crops inancing Programx Cleaner Public Transport inancing Programx BP inancial Assistance to verseas Placement Agencies
BP Support to AMEs Paglingap ng Bayan sa WProgram thru inancial Institution-Conduits
x Environmental evelopment Programx Sustainable Logistics evelopment Program (SLP)
oad Terminal System (TS)x Sustainable Logistics evelopment Program (SLP)
inancing of Cold Chain Projects in the ishing Industryx Credit Surety und (CS) Credit acilityx etail Lending for Micro and Small Enterprises
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Export and Industry Bank..x Export Trade inancingx omestic Trade inancingx Import Trade inancing with Trust eceipt
124
Foundation for a Sustainable Society, Inc. (FSSI)..y
Coco Coir Business Integration and evelopment Program(CCBIN)y Sustainable Waste Management Eco-Enterprise Program
(SWEEP)y Sustainable Partnership for Eco-Enterprise evelopment
(SPEE)y und for a Sustainable Civil Society (SCS)
127
Land Bank of the Philippines (LBP).y Easy Pondong Pang-Asenso (EPPA)
y SME Unified Lending pportunities for National Growth(SULNG)
y AB Air Pollution Control Credit acilityy enewable Energy for Wiser and Accelerated esources
evelopment (EWA)y LBP Negosyo Program for isplaced Workers due to
Global inancial Crisisy Countryside Loan und Programs (CL I, II, and III)y Countryside Loan und Credit Support for the
Environment, Agri-Business, and Small & MediumEnterprises (CL-CEAM)
y Credit Line for Energy Efficiency and Climate Protection(CLEECP)
131
Opportunity Kauswagan Bank, Inc.y Micro, Small & Medium Enterprises evelopment
Lending Program (SME)
149
Philippine Business for Social Progress (PBSP).y Small and Medium Enterprise Credit Program (SMEC)
153
Philippine Export-Import Credit Agency (PHILEXIM)..y Short-Term irect Lending Program (ST-LP)y Medium and Long-Term irect Lending Program (MLT-LP)y SME Unified Lending pportunities for National Growth
(SULNG)y Wholesale Lending Programy Preshipment Export inance Guarantee (PEG) and
Postshipment Export isk Guarantee (PEG) Programsy Term Loan Guarantee Program (TLGP)y General acility Programy mnibus Line Under the General acility Programy Export Credit Insurance Program
154
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Philippine National Bank (PNB)y Small Business Loan (SBL)
175
Planters Development Bank..y evolving Credit Liney Term Loan
y Small Biz Loany Contract to Sell (CTS) Purchase acility
176
Small Business Corporation (SB Corporation)y Working Capital inancingy ixed Asset inancingy inancing for Start-Up Enterprisesy inancing for Information Technology Build-Upy Credit Guarantee Programy SME Wholesale Lending Program
180
Social Security System (SSS)y SME Unified Lending pportunities for National Growth
(SULNG)y The SSS Special inancing Programy Industry Loan Programy inancing Program for Tourism Projectsy Special inancing Program for ocational &Technical
Schoolsy
ospital inancing Programy SSS inancing Program for Educational Institutions
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MICRO FINANCINGPROGRAMS
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ASIATRUST DEVELOPMENT BANK
1424 uezon Avenue, uezon City
Program Title: SALARY LOAN
Program Objective: To enhance employees benefits program without
extra cost to the company. These are short-term multi-purpose loan
package granted to regular employees of accredited companies subject
to salary deduction scheme.
Company Accreditation:
Criteria for Company Accreditation: Should be in operation for at least years Profitable for the past years
No record of adverse findings with other financial institutions Should have at least 50 regular employees
Company Requirements for Accreditation: Company Profile Profile of ey fficers List of employees/Alpha List Latest years Income Tax eturn, Audited and In-ouse
inancial Statements SEC papers and business registration Articles of Incorporation and By-Laws List of trade and bank references
Documentation upon Approval of Accreditation Line: Memorandum of Agreement (MA) between the accredited
company and Asiatrust Bank (under with or without companyguarantee facility)
Board esolution/Secretarys Certificate authorizing thecompany to enter into a MA with Asiatrust Bank and indicating
the authorized signatories to the said MA uly signed acility/Conforme Letter (stating the terms and
conditions of the loan program)
Eligible Borrowers: egular employees for at least 2 years with a minimum gross
monthly salary of PhP8,000.00 for rank and file and at least 1year work tenure for fficers with PhP12,000.00 monthlycompensation.
Monthly installment of all loans outstanding with and outside ofAsiatrust Bank should not be more than 0% of net monthlyincome.
No adverse credit findings.
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Loan Purpose: Working capital for start-up/existing business; Appliance acquisition; education; debt consolidation; medical
expenses; home improvement; lot downpayment; vacationtravel expenses; family celebration; car repair/purchase/insurance payments; health and wellness; memorial services;
etc.
Terms/Requirements:
Loan Amount: Minimum of P10,000; Maximum of P400,000.00
Interest Rate: Prevailing market rate
Maturity/Repayment: Payable for 6, 12, 18, 24 months; Up to 6months for employees with more than years work tenure.
Mode of Payment: ixed amortization through salary deductionscheme to be remitted to the bank on a monthly basis via corporatecheck or to be debited from the mother companys account withAsiatrust Bank.
Contact etails:
Ms. Athena A. ArellanoSalary Loans Unit eadPhone (62) 924.5648
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BACs and other Accredited Conduits that have yet to passthe RAAC (Type 2). These are institutions that are currentlyaccredited with LBP but have yet to pass the AAC formicrofinance.
Non-BACs/Potential Newly Accessing Cooperatives (PNAC)and other Organizations (Type 3). These institutions are not
accredited with LBP but are considered critical in the delivery offinancial services in the agri-fisheries sector.
Types of Financing Facilities: Portfolio Rediscounting - Through a credit line provided by
LBP, the borrower organization/institution can lend to individualborrowers whose promissory notes (PNs) are endorsed to LBPfor 100% rediscounting.
Working Capital Loan - A short term loan to cover theoperational and management expenses of an income-generating project proposed by a borrowerorganization/institution.
Term Loan -A loan with a longer period of repayment scheduleto enable the borrower organization/institution to expand itsprojects operational capacities and to increase its profits over adefinite period of time.
* or Types 1 and 2 organizations/institutions, the additionalloan to be extended shall be on top of existing approved lines
provided that such borrower organization/institution does notexceed the absorptive capacity limits set by LBP.
Financing Terms:
Credit Limits Type 1 organizations/institutions: egular LBP limits shall
apply Type 2 organizations/institutions: egular LBP limits shall
apply Type organizations/institutions: Up to 85:15 debt to equity
ratio but not to exceed P10.0 million
Interest Rates the applicable interest rate for all types of borrowerorganization/institution shall be based on the prevailing interest rates ofLBP.
Loan Maturity Portfolio ediscounting: Up to 180 days
Working Capital Loan: Up to 60 days Term Loan: Up to years
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DEPARTMENT OF AGRICULTURE AGRICULTURAL CREDITPOLICY COUNCIL28th loor, ne San Miguel Avenue Building, San Miguel Avenuertigas Center, Pasig City 1605
Program Title: AGRI-FISHERY AND MICROFINANCE PROGRAM
(AFMP)
The Agri-Fishery Microfinance Program (AFMP) is a joint program ofthe epartment of Agriculture (A), the Agricultural Credit Policy Council(ACPC), and the Land Bank of the Philippines (LBP) to supportfarmers/fisherfolk engaged in the priority commodities of the A.Created by virtue of ACPC esolution No. 1-01 Series of 2007, theAMP provides agri-fishery loans to qualified institutional borrowers andto small farmers and fishing households.
The AMP is one of the lending programs under the Agro-industryModernization Credit and inancing Program (AMCP) thegovernments umbrella financing program for agriculture and fisheries.
Program Objective: To improve the incomes of small farm and fishinghouseholds through improved access to financial services that can helpenable them to diversify income sources and/or improve the profitabilityof their main agricultural or fishing activities.
Program Scheme:
Under the AMP, the A renders technical advice as to the appropriatetechnologies and production costs and returns of farm/fishing activitiesto be given assistance by the Program.
The Land Bank of the Philippines (LBP) provides portfolio rediscounting,working capital and term loans to qualified borrowerorganizations/institutions. Borrower organizations/institutions may be (a)organizations with farmer/fisherfolk members that will utilize the creditfunds to finance value chain activities of small farmers/fisherfolks or (b)credit retailers that will extend agri-fishery microfinance loans to small
farming/ fishing households.
The ACPC reviews, approves and conducts validation of loans chargedagainst the A-ACPC Agri Micro und.
Program Features:
A. ELIGIBLE BORROWER ORGANIZATIONS/INSTITUTIONS: Bank-Accredited Cooperatives (BACs) and other
Accredited Conduits of LBP (Type 1). These are institutionsthat are currently accredited with LBP and have passed the iskAsset Acceptance Criteria (AAC) for microfinance.
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Security/Collateral Assignment of sub-borrower Promissory Notes (PN) including
underlying collaterals ther securities as may be required by LBP
Mode of Payment
Portfolio ediscounting: Principal and interest payable upon PNmaturity
Working Capital Loan: Upon PN maturity but with interest paidmonthly or quarterly
Term Loan: Amortized quarterly on principal + interest (withgrace period on principal of 6 months)
B. ELIGIBLE SUB-BORROWERS
Eligible Sub-borrowers - Eligible sub-borrowers are the spouses,household heads or adult working members of small farming/fishinghouseholds. nly one member per household is allowed to borrow at atime.
Types of Loan Facilities: Microfinancing - Micro loans to support any or a combination
of farm, off-farm/non-farm activities. Value Chain Financing - Loans to finance any of the value
chain activities (production, processing and marketing) with
direct forward or backward link with small farmers/fisherfolk.
Financing Terms:
Credit Limits Microfinancing Facility: The amount of sub-loan shall be
computed based on the assessed repayment capacity of thehouseholds cash flow but not to exceed PhP 50,000.
Value Chain Financing: Amount shall not exceed PhP100,000.
Interest Rate - The applicable interest rate for sub-borrowers shall bebased on the prevailing interest rates of the chosen conduitorganizations/ institutions.
Loan Maturity and Mode of Payment Microfinancing: Not to exceed one year and the amortization
schedule shall be based on the households cashflow. At least0% of the loan should be amortized, frequency of which shall
be at the shortest interval possible, but should not be longerthan monthly. Value Chain Financing: Loan maturity shall be based on the
sub-borrowers capacity to pay but not to exceed one year.
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Security/Collateral - The chosen conduit organization/institution mayrequire securities on the sub-loans as it may deem necessary. Thesemay include deed of assignment of personal assets (e.g. equipment,vehicles, etc) or issuance of post-dated checks.
Program Title: FISHERIES FINANCING PROGRAM (FFP)
The Fisheries Financing Program (FFP) is a joint undertaking of theAgricultural Credit Policy Council (ACPC), Bureau of isheries & Aquaticesources (BA) and Land Bank of the Philippines (LBP). Created byvirtue of ACPC esolution No. 1-02 Series of 2007, the program entailsthe provision of loans to qualified borrower organizations/institutions thatwill use the funds either to finance value chain activities of small
fisheries stakeholders or to extend microfinance loans to small fishinghouseholds.
The P is one of the lending programs under the Agro-IndustryModernization Credit and inancing Program (AMCP) thegovernments umbrella financing program for agriculture and fisheries.
Program Objectives: To develop and implement innovative credit modalities
applicable to the different production and value addingtechnologies of the fisheries industry and its stakeholders.
To identify and tap potential conduits that are familiar with thefisheries industry.
Program Scheme:Through the P, LBP implements the provision of credit to eligibleborrower organizations/institutions. The ACPC reviews, approves andvalidates loan releases charged against the P und. unds from theprogram are used by borrower organizations/ institutions to finance
value chain activities of small fisheries stakeholders or to extendmicrofinance loans to small fishing households. The BA, on the otherhand, provides technical and marketing assistance to the programbeneficiaries. The programs implementation is also monitored andevaluated by the ACPC.
Program Features:
A. Eligible Borrower Organizations/Institutions organizations /
institutions that are potential conduits but not yet accredited withLBP. These institutions are considered critical in the delivery of
financial services in the fisheries sector..
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Types of Financing Facilities: Portfolio Rediscounting - Through a credit line provided by
LBP, the borrower organization/institution can lend to individualborrowers whose promissory notes (PNs) are endorsed to LandBank for 100% rediscounting.
Working Capital Loan - A short term loan to cover the
operational and management expenses of an income-generating project proposed by a borrowerorganization/institution.
Term Loan -A loan with a longer period of repayment scheduleto enable the borrower organization/institution to expand itsprojects operational capacities and to increase its profits over adefinite period of time.
Financing Terms:
Credit Limits -Up to 85:15 debt to equity ratio but not to exceed P10.0million
Interest Rates the applicable interest rate for all types of borrowerorganization/institution shall be based on the prevailing interest rates ofLBP.
Loan Maturity Portfolio ediscounting: Up to 180-days PN
Working Capital Loan: Up to 60-days PN Term Loan: Up to years
Security/Collateral -Assignment of sub-borrower Promissory Notes(PN) including underlying collaterals
B. Eligible Sub-Borrowers
Eligible Sub-borrowers - Eligible sub-borrowers are the householdheads, spouses or adult working members of small fishing households.
nly one member per household is allowed to borrow at a single time.
Types of Loan Facilities Microfinancing Loans for fishery and fishery-related
activities, microenterprises, and other livelihood projects ofsmall fishing households.
Value Chain Financing - Loans to finance any of the valuechain activities (production, processing and marketing) withdirect forward or backward link with small fisherfolk.
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Financing Terms:
Credit Limits Microfinancing: The sub-loan amount shall depend on the
repayment capacity of the sub-borrower based on hishouseholds cash flow but not to exceed PhP50,000 per
borrower. Value Chain Financing: The limit per sub-borrower is PhP
100,000.
Interest Rate - The applicable interest rate for sub-borrowers shall bebased on the prevailing interest rates of the conduit organizations/institutions.
Loan Maturity and Mode of Payment Microfinancing: Not to exceed one year and the amortization
schedule shall be based on the households cashflow. At least0% of the loan should be amortized, frequency of which shallbe at the shortest interval possible, but should not be longerthan monthly.
Value Chain Financing: Loan maturity shall be based on thesub-borrowers repayment capacity but not to exceed one year.
Security/Collateral The chosen conduit organization/institution mayimpose securities on the sub-loans as they may deem necessary such
as deed of assignment of personal assets (e.g. equipment, vehicles, etc)or issuance of post-dated checks.
Program Title: AGRI-MICROFINANCE PROGRAM (AMP) FORSMALL FARMERS AND FISHERFOLK ANDTHEIR HOUSEHOLDS
The Agri-Microfinance Program (AMP) for Small Farmers and
Fisherfolk and their Households is a joint program of the AgriculturalCredit Policy Council (ACPC) and the Peoples Credit and inanceCorporation (PCC) for the provision of credit to qualified borrowerorganizations for re-lending to small farmers and fisherfolk householdsand groups/organizations.
The AMP was established by virtue of ACPC esolution No. 2, Series of2009 as one of the programs under the Agro-industry ModernizationCredit and inancing Program (AMCP) - the governments umbrella
credit program for agriculture and fisheries.
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Program Objective: The program aims to reduce poverty and improvethe quality of life of marginalized farmers and fisherfolk by financingagricultural projects and activities that will increase their productivity andincomes.
Program Scheme:
Under the AMP, PCC administers the provision of credit to eligibleborrowing organizations. or PCC-accredited banks and MIs (Type 1organizations/ institutions), PCC processes, evaluates and approvesthe loan application. or non-bank MIs that pass the accreditationcriteria of PCC for Type 2 organizations/ institutions, the ACPC-PCCProgram Management Committee reviews the loan application forendorsement to PCCs approving authority.
Loans charged against the AMP und are subject to review, approvaland validation by ACPC.
The borrower-organizations either extend (i) agri-fishery microfinanceloans to eligible borrowers; and/or (ii) loans for value-adding andmarketing activities of eligible small farmers and fisherfolkgroups/organizations.
Program Features:
A. Eligible Borrower Organizations/Institutions - Microfinance
institutions (MFIs) such as cooperative/rural banks, cooperatives, non-government organizations (NGs) and other peoples organizations thatpass credit evaluation of PCC.
Types Of Financing Facilities: Agri-Fishery Microfinancing - Credit funds for re-lending to
eligible sub-borrowers to finance their income generating agriand agri-related activities.
Value Chain Financing - Credit funds intended to finance valuechain activities and acquisition of assets for post
production/agri-enterprise or agri-business projects of eligiblesub-borrowers.
Financing Terms:
Credit Limits epends on the MIs absorptive capacity, work plan, and
target areas to be covered, number of outreach, estimatedcredit needs and target portfolio.
Up to a maximum of P10 million per MI.
Interest Rate - 10% - 12% per annum for all types of organizations /institutions.
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Loan Maturity- Maximum of 4 years.
Mode of Payment -Principal and interest : uarterly
Security -Assignment of sub-borrowers Promissory Notes and other
underlying collaterals/guarantee cover.
B. SUB-BORROWERS
Eligible Sub-Borrowers: Agri-Fishery Microfinancing - ousehold heads, spouses or
adult working members of small farming/ fishing households.nly one member per household is qualified to borrow at asingle time under the project.
Value Chain Financing Facility - Microfinancegroups/organizations with or without juridical personality thatmeet the following criteria:
o Composed of at least five (5) members;o Engaged in any post production/agri-enterprise /
agribusiness/project;o With firm market and established supply of raw
materials.
Loan Facilities: Agri-Fishery Microfinancing - Loans shall be used to support
any or a combination of farm, off-farm/non-farm incomegenerating activities.
Value Chain Financing Facility -Loans shall be used for any ofthe following purposes:
o Working capital; ando Acquisition of assets for agri/fishery product marketing
or inputs trading.
Financing Terms:
Credit Limits Agri-Fishery Microfinancing: Up to a maximum of P50,000
per sub-borrower.
Value-Chain Microfinancing: Up to a maximum of P1 millionper sub-borrower group/organization but not to exceedP150,000 per member, whichever is higher.
Interest Rate - The applicable interest rate shall be based on theprevailing interest rates of the conduit organizations/institutions.
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Loan Maturity and Mode of Payment:
Agri-Fishery Microfinancing: Maximum of one (1) year. Theamortization schedule shall be based on the households cashflow. At least 20% of the loan should be amortized eitherweekly or monthly and the remaining balance to be paid uponloan maturity.
Value Chain Financing: The loan shall be payable based onthe cash flow of the business but not to exceed three () years.
Security -Any or a combination of the following:
eed of assignment of acquired assets (i.e. equipment,vehicles, etc.)
Joint and Several Signatures; Issuance of post-dated checks; Marketing Agreement (If applicable); and/or
Any other acceptable form of collateral/security.
Program Title: COOPERATIVE BANK AGRI-LENDING PROGRAM(CBAP)
A Memorandum of Commitment between the Cooperative Banksederation of the Philippines and the epartment of Agriculture (A)was signed during the National ood Summit held on April 4, 2009 for
the implementation of the Cooperative Banks Agri-lending Program(CBAP). The CBAP is aimed at enhancing the responsiveness andcapacities of cooperative banks and financial cooperatives in providingsustainable lending to agricultural borrowers.
Cooperative Banks participating under the CBAP are committed toleverage the initial P00 million program fund from the A-AgriculturalCredit Policy Council (A-ACPC) up to five times to generate up to P1.5billion in loans for agricultural borrowers.
Program Objective: To increase the outreach of governmentsagricultural credit funds by tapping cooperative banks as conduits, andto increase access to sustainable financial services among small farmerand fisherfolk households.
Program Scheme:CBAP funds are coursed through Wholesaler Cooperative Banks andthe United Coconut Planters Bank (UCPB) which provide wholesaleloans to accredited etailer Cooperative Banks/Institutions.
The etailer Cooperative Banks/Institutions leverage the funds fromthree () to five (5) times and use these in providing microfinance loansto small farmers/fisherfolk and their household members who haveviable agriculture and fisheries projects.
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Program Features:
Eligible Sub-Borrowers: Eligible borrowers are the household heads, spouses, or adult
working members of small farming/fishing households.nly one member per household is qualified to borrow at a
single time under the program.
Loan Purpose: Agricultural and fisheries projects of small farmers andfisherfolk.
Sub-Loan Limits: For borrowers with no collateral: P0,000.00/ha. up to a
maximum of P210,000 per borrower For borrowers with collateral: The generally accepted
industry practice on loan valuations.
Interest Rates on Sub-Loans: aries depending on the coopbank butshall not exceed 20% per year.
Sub-Loan Repayment: For agricultural loans: epayment upon loan maturity
depending on the type of commodity but not to exceed twoyears.
For microfinance loans: Weekly or monthly payments within
the term of the loan.
COOPERATIVE BANK AGRI-LENDING PROGRAM (CBAP)CONDUITS:
Name ofConduit
ContactPerson
Address Contact Details
LUZON
COOPERATIVEBANK OF
BENGUET
Mr. Gerry T.Lab-oyan,
GeneralManager
J.C. 225 CentralPico, m. 5,
2601 LaTrinidad,Benguet
Email:[email protected]
Tel. (074) 422.2626;422.1268ax (074) 422.1849
COOPERATIVEBANK OFILOCOSNORTE
Mr. AlbertoB. GudoyPresident/Gen.Manager
San Pablo, SanNicolas, 2901Ilocos Norte
E-mail:[email protected]. (077) 781.72ax (077) 781.2646
ILOCOS SURCOOPERATIVE
BANK
Ms. NormaS. Cipriano
GeneralManager
Bagani Campo,Candon
2710 Ilocos Sur
Email:[email protected]
Tel. (077) 742.6481ax (077) 742.5288
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Name ofConduit
ContactPerson
Address Contact Details
LUZON
COOPERATIVEBANK OF LAUNION
Ms MarianneP. GaliPresident/Gen.
Manager
oa ToribiaAspiras oadConsolacion,
Agoo, 2504 LaUnion
E-mail: [email protected]. (072) 521.0006
ax (072) 710.0655
COOPERATIVEBANK OFNUEVAVIZCAYA
Ms Aida A.TanteoGeneralManager
CoopbankBldg., Burgoscor.Gaddang St.Brgy. uirinoSolano709 Nuevaizcaya
E-mail:[email protected]. (078) 26.61ax (078) 26.7658
COOPERATIVEBANK OFBATAAN
Ms Ma.Lourdes A.AranasGen. Manager
CapitolCompound,Balanga2100 Bataan
E-mail: [email protected]. (047) 791.4715ax (047) 27.194
COOPERATIVERURAL BANKOF BULACAN
Mr. Nestor S.CustodioGeneralManager/C
Banga I,Plaridel, 004Bulacan
Email:[email protected];[email protected] (044) 795.0008;670.0714 to 16;795.154
COOPERATIVEBANK OFPAMPANGA
Mr. Agapito .GuanlaoPresident
Mc Arthurighway,oloresSan ernando,2000Pampanga
E-mail:[email protected]. (045) 96.5150;02.5056ax (045) 961.098
COOPERATIVEBANK OFTARLAC
Mr. Wilfredo A.AntimanoGeneralManager
Macabulosrive, Sanoque, 200Tarlac City
Email: [email protected];[email protected]: www.coopbank-
tarlac.comTel. (045) 982.0997;982.6975; 800.2419
COOPERATIVEBANK OFNUEVA ECIJA
Mr. arwin B.MendozaGeneralManager
Maharlikaighway, 100CabanatuanCity
E-mail: [email protected]. # (044) 46.2177;600.5048ax (044) 600.910
COOPERATIVEBANK OF
ZAMBALES
Ms Maribel B.Sabio
Manager
G/ ZambalesLivelihood
Center,MagsaysayAvenue, Iba,2201 Zambales
E-mail:coopbankzambales
@rbap.orgTel. (047) 811.1246
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Name ofConduit
ContactPerson
Address Contact Details
LUZON
COUNTRYSIDECOOPERATIVERURAL BANK
OFBATANGAS
Ms. emediosC. CasasGeneral
Manager
G/ Insular LifeBldg., Capitolills, 4200
Batangas City
Email:[email protected]
Tel. (04) 72.417;00.2079
COOPERATIVEBANK OFCAMARINESSUR
Mr. ExequielM. AvengozaGeneralManager
No. 19 & 21Pedcor Bldg.,Zamora St.,4400 Naga City
Email: [email protected]. (054) 47.678ax (054) 811.6459
COOPERATIVEBANK OFCAMARINES
NORTE
Mr. omeo LL.ClavillasManager
Mercedesoad, aet,4600
CamarinesNorte
Email:[email protected]
Tel. (054) 571.2607ax # (054) 440.2200
VISAYAS
COOPERATIVEBANK OFILOILO
Ms Angeles S.AngosturaManager
Bonifaciorive, 5000Iloilo City
Email:[email protected]. (0) 7.9079ax (0) 7.9070
CAPIZ
SETTLERSCOOPERATIVEBANK
Mr. Edgardo
. CaldeaManager
Buyco Bldg.,
San oqueExtn., 5800oxas City
Tel. (06) 621.2147
COOPERATIVEBANK OFNEGROSORIENTAL
Mr. eynaldoB. GomezGeneralManager
170 ermieBldg.,Cervantes cor.Colon Ext. St.,6200umaguete
City
E-mail: [email protected]. (05) 225.6111ax (05) 225.1708;226.121
COOPERATIVEBANK OFLEYTE
Mr. Pablo A.AvilaManager
Cataag St.,6541 rmocCity
Email:[email protected]. (05) 561.9750ax (05) 255.4507
SOUTHERNLEYTECOOPERATIVEBANK
Ms. Ma. CarylI. CarbonillaGeneralManager
afols St.,Tunga-tunga,Maasin City,6600 Southern
Leyte
Email:[email protected];carbonillmacaryl
@yahoo.comTel. (05) 570.9549ax (05) 81.2574
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Name ofConduit
ContactPerson
Address Contact Details
MINDANAO
BUKIDNONCOOPERATIVEBANK
Ms WilhelmiaP. errerGeneral
Manager
San ictoresSt.,Malaybalay,
8700 Bukidnon
Email:[email protected];[email protected]
Tel. (088) 221.260;221.4514ax (088) 81.2700
CAMIGUINCOOPERATIVEBANK
Mr Joel .BagolbolGeneralManager
Mambajao,9100 Camiguin
Email: [email protected]. (088) 87.0216;87.008ax (088) 87.2028
COOPERATIVEBANK OF
MISAMISORIENTAL
Ms Myrna A.Sescon
President/C
ProvincialCapitol
Compound,9000 Cagayane ro City
Email: [email protected]
Tel. (08822) 726.65;(088) 856.1550;858.870ax: (08822) 725.42
COOPERATIVEBANK OFCOTABATO
Mr. GuillermoL. Carisma, Jr.GeneralManager
CBC Bldg.,No.1 Maharlikaighway,Lanao,idapawan,9400 Cotabato
E-mail:[email protected]. (064) 278.264ax (064) 288.1592
COOPERATIVEBANK OFAGUSANNORTE -BUTUAN CITY
Ms Lorna .SimplicioManager
CoopbankBldg., AndayaSt., Purok 8,Brgy. ortPoyohan 8600Butuan City
Email:[email protected]. (085) 42.557;42.9572ax (085) 225.2240
COOPERATIVEBANK OFSURIGAO DELSUR
Ms Maryjane. EngadaManager
CoopbankTower, LauronSt., Mangagoy,Bislig 811
Surigao elSur
Email:[email protected] (086) 85.2081
COOPERATIVEBANK OFAGUSAN DELSUR
Mr. Elias E.Galvez, Jr.Manager
uezonSt.,Brgy. 2, Sanrancisco,8501 Agusanel Sur
E-mail:[email protected]. (085) 89.012ax. (085) 4.800
Contact etails:
Agricultural Credit Policy CouncilPhone (62) 66.9UL: www.acpc.gov.ph
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DEPARTMENT OF SOCIAL WELFARE AND DEVELOPMENT
IBP oad, Batasan ills, uezon City
Program Title: SELF-EMPLOYMENT ASSISTANCE - KAUNLARAN(SEA-K) PROGRAM
Program Description: SEA- Program is a capability building programof the SW and local government units which aims to enhance thesocio-economic skills of poor families through the organization ofcommunity-based associations for entrepreneurial development.
Program Objectives: To enhance the socio-economic skills of poor families through
the organization of community-based associations forentrepreneurial development.
Program Components:
Social Preparation members are given group session modules
on self-enhancement, volunteerism, leadership, etc. to build
capabilities and confidence towards self-reliance.
ormation of Groups and Association involves the
organization of 5 to 6 groups with five members per group to
form a SEA aunlaran Association (SA). This should have a
total of 25-0 members. Capital Assistance each SA can avail of capital seed fund
amounting to a maximum of P150 Thousand (P5,000 per
member), which can jumpstart or sustain micro-enterprises.
This is non-collateral and non-interest.
Savings Mobilization encourages members to save to enable
them to extend financial assistance to their members and
selected community members.
Technical Assistance the SW and its partner-agencies
provide technical assistance to enrich the organizational andentrepreneurial knowledge and skills of individuals to effectively
manage their micro-enterprise and their respective associations.
Access to ther Social Services enables members to access
other social services, where SAs and its members are trained
on how they can access other services based on the needs
through coordination and linkages with non-government
organizations, peoples organizations, business groups and civil
society.
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Eligible Borrowers:
SEA- is available to disadvantaged individuals who possess the
following qualities (only 1 member of the family can be a SEA-
member at any one time):
Must be 16 years old (with adult supervision) and above With monthly income of not more than P7,42.00 for a family of
6 members Without access to any formal lending institution Must be physically and mentally capable of implementing the
micro-enterprise project being proposed Must be a resident of present community for the last 6 months,
and who intends to stay in his/her community for the next 2years
With positive work attitude Must have good relations with his/her family and community
With a good reputation in his/her community Must be concerned for the welfare of his/her family and
community
Purpose of Loan / Capital Assistance: Micro-enterprise project Basic shelter and home improvement
Terms and Requirements:
Loan Amount: Minimum of P5,000 and Maximum of P25,000 per
individual member depending on the project being proposed
Interest Rate: Non-interest loan
Maturity / Repayment: Within 1-2 year period
Collateral: Non-collateral loan
Program Partners / Conduit: City or Municipal Social Welfareevelopment ffice in the different local government units nationwide
Contact etails:
Mr. Restituto B. MacutoIC-Livelihood ffice4, SW, Batasan Pambansa ComplexConstitution ills, uezon CityPhone (62) 951.747ax: (62) 951.2806E-mail: [email protected]
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DEVELOPMENT BANK OF THE PHILIPPINES (DBP)
ead ffice: Sen. Gil J. Puyat Avenue, cor. Makati Avenue, Makati City
Program Title: MICROFINANCE PROGRAM
Program Objectives: To support the governments efforts to alleviate poverty and
attain sustainable economic growth and development inpartnership with microfinance institutions (MIs).
To hasten the development and growth of MIs as well asenhance their efficiency and effectiveness as conduits ofdevelopment funds for micro-enterprise development byproviding them direct and convenient access to BPs creditand technical assistance specially designed to support theirinvestment projects and capacity-building programs.
To facilitate the access of micro-investment enterprises and theentrepreneurial poor to formal credit and banking services, thatinclude but are not limited to training, market assistance,business consultancy, whenever possible, to hasten theirgrowth and development.
Eligible Borrower-MFIs:
Bank MIso Microfinance Banks banks organized primarily for and
granted a license by the BSP as microfinance banks.o Microfinance-oriented Banks banks which diversified into
microfinance with 50% or more of their total loan portfoliodevoted to microfinance.
o Banks authorized by the BSP to diversify into microfinancewhich M loan portfolio has yet to attain the 50%requirement to be considered microfinance-oriented banks,and their existing or proposed principal transaction with theBP is microfinance.
Non-Bank MIso Non-government organization (NG) with successful
microfinance operations for years or more for all types ofMC loans.
o Non-Government organization (NG) with successfulmicrofinance operations for a minimum of one (1) year butless than three () years for capacity-building loans only.
o Cooperatives primarily savings and credit cooperativeswith successful microfinance operation for a minimum of one
year.
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Minimum Risk Acceptance Criteria: MIs should at least get ating (Satisfactory) of the NCC Performance Standards to be considered, butshould get a weighted score of at least 75% to avail of the Wholesalee-lending and Business evelopment loans.
owever, for Capacity Building loans, MIs with weighted score of at
least 70% may be considered depending on the result of MCs duediligence on the applicant MIs.
Credit and Technical Assistance Facilities:
MC shall provide the following: Credit acilities and Loan Purpose
o Wholesale loans for re-lending to micro-enterprise/end-usersintended for:
- ixed asset acquisition and working capital
- ome improvement and housing- Solar projectso irect Loans to MIs
- Business development loans - intended for capitalexpenditures and/or working capital for expansion ofMIs operations directly related to microfinanceservices
- Capacity-building loans - intended for institutionalstrengthening (e.g. installation of MIS); professionaldevelopment for MI board, management and staff
Technical Assistanceo Marketing support for microentrepreneurso Business development advisory
Terms/Requirements:
Loan Amount: The loan amount will always depend on the project
funding requirements of the MIs.
Interest Rates: Wholesale loans: Market rate Business evelopment loans: Market rate Capacity-Building loans: Lower than market rate, but not lower
than cost of funds plus 2% administrative cost
Other Fees: All other fees and taxes such as front-end fee,commitment fee, GT, and other fees related to the microfinancetransactions with the Bank shall be for the account of the borrower-MIs.
Tenor:
Wholesale Loans e-lendingo Credit Lines maximum of 1 yearo Term Loans maximum of years, inclusive of one (1) year
grace period.
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Business evelopment Loans - Maximum of five (5) years,inclusive of one year grace period.
Capacity-Building Loans - Maximum of 5 years, inclusive of one(1) year grace period
Equity: or business development and capacity-building loans,
borrower MIs will be required a minimum equity participation of20%.
Collateral: Loans may be unsecured or where necessary partiallysecured which may be covered by EM, CM, Stand-by LC, oldout on eposit, and other forms of collateral acceptable to the Bank.
Other Conditions: Loans extended under this program shall be exempted from the
banks requirement of 100% end-use verification. MI borrowers shall execute a deed of undertaking stipulating
that BP funds shall not be relent for immoral and/or illegalactivities.
Where necessary, MI applicants may be required thefollowing:o Submission of Post-dated checkso Assignment of Promissory Notes of sub-borrowerso Joint and Several Signatures (JSS) of principal officers of
MIso Make BP as major depository bank
MI-borrower shall submit to BP reports required by regulatoryauthorities for clients with Barangay Micro Business Enterprises(BMBE) authority.
Performance-Based Incentives:To encourage MI borrowers towards quality portfolio and wider marketreach, performance-based incentives will be available.
igher credit lines for both re-lending and businessdevelopment loans
Lower than market interest rates Longer terms or repayment Waiver of applicable fees Combination of any of the above
Delivery System: Loan application may be submitted to theMicrofinance esource Center (MC) at the ead ffice in Makati or inany of the Area Management ffices and branches of the Bank.
Contact etails:
SVP Brillo L. Reynes Phone: (62) 817.047ead, Small & Medium Enterprise epartment
SM Romeo B. Carandang Phone: (62) 892.257ead, SME Unit Trunkline: 818.9511/9611 loc. 2546
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Program Title: RETAIL LENDING FOR MICRO AND SMALL
ENTERPRISES
Program Objectives: To enhance micro and small enterprises access to credit
through a simplified procedure and shorter turn around time. To improve the BPs role in developing micro and smallenterprises and help them build up their assets.
To expand BPs loan portfolio for micro and small enterprisesconsistent with the Magna Carta for MSMEs.
Eligible Projects: Any duly registered enterprise of good standing in the
community.
Eligible Borrower-MFIs: Single Proprietorships Partnership Corporation Cooperative ther entities with legal personality to engage in a business
enterprise
Coverage: Start-up or existing micro and small enterprises with asset
size of not more than PhP15.0 million and with loan requirements of overPhP150,000 but not more than PhP10.0 million.
Eligible Loan Purpose: Production Working Capital (short-term or permanent) Investment and expansion in Plant and/or equipment Purchase rder/Letter of Credit inancing (P../L.C.)
Terms/Requirements:
Loan Amount: Up to 90% of the Total Project Cost (TPC)
Equity Requirement: The borrower shall put up a minimum equity of 10% of total
project cost. or P../L.C. financing, the loans shall be up to 80% of the
amount of the instrument or based on actual cost of the goods
purchased.
Interest Rates: Prevailing market rate
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Fees: A one-time service fee shall be charged upon approval of the
loan equivalent to P1,000.00 or 0.1% of the loan, whichever ishigher
ocumentary Stamp Tax Monthly Interest rates are inclusive of GT and all other fees
Collateral: Unregistered eal Estate Mortgage and Chattel on TCT and
Equipment Unregistered Mortgage on Tax eclaration/CLA and CT or P../L.C. inancing, a eed of Assignment on Irrevocable
P../L.C. is accepted provided the term shall not exceed itsexpiry date
ther alternative collaterals such as post dated checks (PCs),assignment of contracts/receivable/inventory
Repayment Terms: Based on enterprises development period butnot to exceed ten (10) years, payable based on business cashcycle.
Maximum Grace Period: Three () years on principal for projects with short gestation
period. ive (5) years on principal and interest on long gestating
projects.
Checklist of Requirements:I. General
Application form Business egistration (from TI/SEC/CA/LE) Business Permit (from LGU) Business Evaluation orm (for loans above PhP1 million)
or Corporations and Cooperatives
By-Laws and Articles of Incorporation/Cooperation Board esolution and Secretarys Certificate authorizing the
loan, indicating the authorized signatories
II. Additional equirements (if applicable) eal Estate Collateral
o Two copies of Sketch/Location Mapo Two copies of TCT/CT
Chattel Collateralo Affidavit of wnership and Certification of Non-
Encumbrance with specificationso Copy of /C for transportation equipment
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Checklist of Requirements:
Loans PhP1.0 million and below: Utility/Credit card billings or three () months bank statement
Franchise: Business Profile of ranchisor Photocopy of ranchise Agreement Endorsement by ranchisor ranchise Package it
Term Loan (Start-Up): Business Plan Statement of Assets, Liabilities and Networth of Principal
Borrower/s
Bank Statement for at least three () months Business Evaluation orm
Term Loan (Existing): inancial Statements for the past three () years (in house
financial statements acceptable) Business Plan Business Evaluation orm
Dealership:
Photocopy of documents submitted to the mother company ealership Contract Letter of Endorsement from mother company/supplier
Credit Line: Bank Statement for at least three () months Projected Cash low Projected Income Statement
Purchase Order (P.O.)/Letter of Credit (L.C.) Financing: Projected Cash low Projected Income Statement Copy of Irrevocable L.C./P..
Contact etails:
SVP Brillo L. Reynes Phone: (62) 817.047ead, Small & Medium Enterprise epartment
SM Romeo B. Carandang Phone: (62) 892.257ead, SME Unit Trunkline: 818.9511/9611 loc. 2546
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FOUNDATION FOR A SUSTAINABLE SOCIETY, INC. (FSSI)Unit E, 46 Samar Avenue corner Eugenio Lopez StreetSouth Triangle, uezon City
Program Title: MICROFINANCE ECO-ENTERPRISE PROGRAM
(MEEP)
Program Objectives: To assist community finance institutions (CIs) set up windows
of financing schemes for the entrepreneurial poor and micro-enterprises entering and participating in eco-enterpriseventures;
To create CI models that are community oriented,economically viable and integrate ecological concerns in theiroperation; and
To increase the participation of the entrepreneurial poor andmicro-enterprises in the Sustainable Waste ManagementSector, Coco Coir Sub-Sectors and other Eco-Enterprisesthrough microfinance.
Eligible Borrowers: Non-government rganizations (NGs) Peoples rganizations (Ps) Primary Cooperatives and Coop-ederations ural Banks and Cooperative Banks
Financial Products and Services: Loan (Term Loan, Credit Line) Guarantee evelopmental eposit Equity/Joint enture
Terms/Requirements:Amount: Minimum of P500 Thousand
(Maximum of P5.0 Million for first-time borrowers)
Interest Rate:
Loan: prevailing 90-day TBill rate + (5 - Projects EEI rating) +
Service ee + AT
eposit: Negotiated rate (floor rate is 90-day TBill rate)
Maturity / Repayment:Loan: Maximum of Three years; monthly, quarterly or semi-annual
payment of principal and interesteposit: ne year term; monthly, quarterly or semi-annual payment
of interest
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Security (any or combination of the following): eal Estate Mortgage eed of Assignment of eceivables or eposit Joint and Several Suretyship (JSS) Agreement
Contact etails:
Ms. Ann Marie TorresProgram ManagerPhone/ax: (62) 928.8671 local 24E-mail: [email protected]: www.fssi.com.phMr. Amado Reclusado, Jr.Project fficer
Phone/ax: (62) 928.8671 local 22E-mail: [email protected]: www.fssi.com.ph
*Project EEI Rating: Eco-Enterprise Index (EEI) Rating from ProjectAppraisal (Lowest Rating is 1; Highest Rating is 5)*EEI: based on the triple bottomline criteria of FSSI, (1) EconomicViability, (2) Social Equity or Community Participation, and (3) EcologicalSoundness
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GSIS FAMILY BANK (GFB)
2nd loor, AIC Grande Tower, Garnet oad, rtigas Center, Pasig City
Program Title: GSIS FAMILY BANK MICROFINANCE LENDING
PROGRAM
Program Objectives: To introduce an accessible and affordable alternative credit
system for the urban and rural poor for the financing of income-operating activities.
To encourage the poor to use their time, effort and talentsproductively.
To empower women through their involvement in economicactivities and their participation in decision-making process.
To reduce dependency on moneylenders who charge highinterest rates and on dole outs and other forms of politicalpatronage.
Eligible Borrowers: At least 18 years old but not more than 65 years old, preferably
women. A student or an employed person cannot become aborrower since the livelihood activities require full-timeresponsibilities.
Must have stayed in the present residence for at least one (1)
year and is known in the community. Must be of good moral character as attested by the co-members.
Must be poor, who is engaged in livelihood activities.
Eligible Projects: As a general rule, the business to be financed has to be existing
for at least a year. Any micro-enterprise/livelihood activity (trading, services,
vending) that can generate immediate additional income.
Project(s) which is/are within the capacity of the borrower tomanage. Must be a legal activity.
Loan Purpose: Additional working capital for any income generatingactivities.
Terms/Requirements:
Loan Amount: Minimum of P6,000.00; Maximum of P50,000.00
Interest Rate: % per month
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Charges: ne-time service charge of 2% per cycle Insurance Premium for Credit Life Insurance Penalty Charge of % per month for unpaid amortizations
Maturity/Repayment: All loans shall have maximum loan duration of
24 weeks (6 months). owever, the term may be shortened to 12weeks if at the start of the training the group agrees to shorten theloan period, if the cash flow would show the ability of the borrowers topay the weekly amortization.
Security:
As much as possible, no collateral shall be required from the
borrowers. In lieu, the following shall be required: The signatures of all her co-group and center members as joint
and several co-makers; A eed of Assignment of deposit and authority to debit to
authorize the bank to apply the savings against the loan in caseof default;
The borrower must be covered by an accredited insurancecompany (loan insurance);
Strictly abide with the policies and guidelines of themicrofinance program.
Contact etails:
VP Ma. Virginia V. QuerobinBBG/Marketing GroupE-mail: [email protected]
Mr. Armando S. JoseMicrofinance Unit eadE-mail: [email protected]
Phone: (62) 706.0487 to 90 locals 155, 158ax: (62) 706.0482
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LAND BANK OF THE PHILIPPINES (LBP)1598 M.. el Pilar corner r. J. uintos Streets, Malate, Manila
Program Title: MICROFINANCE PROGRAM FOR MICROFINANCE
INSTITUTIONS (MFI) - RETAILERS
Program Rationale and Objectives:
General: LBP is mandated by Law (A 8425, otherwise known as the
Social eform and Poverty Alleviation Act) to open a specialwholesale lending window for micro-borrowers;
It also supports Countryside inancial Institutions (CIs) to meetthe new mandatory allocation of credit resources for MSMEs asprovided for under BSP Circular No. 625, series of 2008, and
under the Magna Carta for MSMEs.
Specific: Strengthen partner-Microfinance Institutions (MIs) in its
microfinance operations and help deliver capacity buildingsupport to micro-enterprises;
Expand the banks outreach to the poor who do not haveaccess to the formal financial system; and
Promote savings mobilization of poor households.
Basic Features:
Program Conduits: As wholesaler of funds, the LBP taps the followingentities as microfinance program conduits:
Cooperatives (Coops) Countryside inancial Institutions (CIs), composed of rural
banks, cooperative banks and thrift banks Non-Government rganizations (NGs)
Major Eligibility Criteria for Availing MFIs: uly registered with CA, in case of coops; BSP and SEC, in
case of CIs; and SEC, in case of NGs; With at least three () consecutive years experience in lending; ,
one year (most recent) of which is in microfinance; With audited financial statements (S) for the last three ()
years (audit conducted by an external auditor); With capacity to engage in microfinance, as evidenced by the
following:
o Established MIS/loan tracking system;o Microfinance operating manual/systems and procedures;o Microfinance business plan for at least three () years duly
approved by its Board of irectors;
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o At least two (2) members of its Board of irectors (Bs)/officers are trained and familiar with microfinance; and
o With a separate unit to handle microfinance operations.
Available Credit Facility:
Short Term Loan Working Capital & ediscounting Term Loan Working Capital & ediscounting
Other Eligibility Criteria:
IndicatorsBenchmarks
Coops CFIs NGOs
Paid-upCapital/Networth
At leastP00,000
At least PM At least PM
Total esources At least
P500,000
At least P5M At least
P5MCoreManagementTeam
ull-time Program Manager, Project/Loan fficerand Bookkeeper
ebt-Equityatio
85:15 - 85:15
Liquidity atio 1:1 1:1 1.5:1Net Past ueatio
Not more than15% forconsolidated
lending; Notmore than 5%for microfinance
Not more than25% forconsolidated
lending; Notmore than 5%for microfinance
Not morethan 15% forconsolidated
lending; Notmore than5% formicrofinance
atings(subject tochange/periodicreview ofregulatorybodies)
At least Class Bper LBP Coop
AccreditationCriteria
PES ating*
of at least 70 forexisting MI-clients
Camels ating *of at least .0
PES ating*
of at least 70 forexisting MI-clients
-
PES
ating* of atleast 70 forexisting MI-clients
* Performance Standards for all types of MIs; PES is an acronym forPortfolio uality; Efficiency; Sustainability and Outreach
** ating system being undertaken by the Bangko Sentral ng Pilipinas(BSP) to banks wherein the banks condition in the following six (6)areas are being assessed: C-Capital Adequacy, A-Asset quality;
M-Management; E-Earnings; L-Liquidity and S-Sensitivity to market risk
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Indicators
Benchmarks
Coops CFIs NGOs
atings
(Continuation)
Aside from the
required PES
rating, MIs
(both newly-accessing &
existing clients)
should meet the
10% portfolio-at
risk (PA) and
100% Loan Loss
eserve atio
Aside from the
required PES
rating, MIs
(both newly-accessing &
existing clients)
should meet the
10% portfolio-at
risk (PA) and
100% Loan
Loss eserve
atio
Aside from
the required
PES
rating, MIs(both newly-
accessing &
existing
clients)
should meet
the 10%
portfolio-at
risk (PA)
and 100%Loan Loss
eserve
atio
Account
Profitability ate/
Account
elationship
Earning
(AP/AE)
With an AP of at least %, or AE of at least
P25,000
Portfolio at isk
(PA)
Not more than 10% of microfinance portfolio (PA
one day missed payment)
Basic Lending Policies:
Particulars Short Term Loan Term Loan
a. Term of Loan One-year credit line Five (5) years
b. Availability Up to 360 days PN Maximum of 3 tranches, but tobe availed within one year
from date of signing of loan
agreement
c. Principal loan
repayment
Upon PN maturity Based on cash flow of the
project;
A maximum 2-year grace
period on principal payments
may be allowed, reckoned
from date of initial loan released. Interest payment Monthly payments Quarterly payments
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Particulars Short Term Loan Term Loan
e. Maximum
loanable amount
For Coops up to 6 times of its networth
For CFIs - not to exceed its net borrowing capacity
For NGOs - should be equal to the requirement of
borrowers but not to exceed twice itsexisting loanable funds (exclusive of
borrowings)
f. Rediscounting
rate (for STL-
Rediscounting
only)
Up to 85% of the current
outstanding balance of the
PNs rediscounted
g. Interest rate 9.5% per annum, or 91-day T-
bill rate + 3%, or SULONG
posted at the time of loandrawdown, whichever is
higher. SULONG rate is set
every quarter.
91-day T-bill rate +4%
spread of 10.5% p.a.,
whichever is higher
h. Collateral
requirement
For STL- Rediscounting
x Post Dated Checks (PDCs);
Assignment of sub-PNs,
including sub-borrowers
underlying collaterals, and
guarantee cover, if any.
For STL-Working Capital
x PDCs and Continuing
Assignment of Receivables
For TL-Rediscounting
Working Capital
REM or Hold-on
deposit, and or
government
securities, and PDCs.
For TL-Working Capital
PDCs and Continuing
Assignment of
Receivables
Basic Documentary Requirements: Certified true copy of the certificate of registration with: CA, in
case of coops; BSP and SEC, in case of CIs; and SEC, in caseof NGs;
Certified true copy of Articles of Cooperation (for Coops), andArticles of Incorporation for CIs and NGs;
Information Sheet of the Board of irectors and fficers; Board esolution authorizing the MI to borrow, and designating
at least two (2) officers to negotiate loan with LBP and sign loandocuments with their specimen signature and pictures, and;
Audited S for the last years plus latest interim S at the timeof application.
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Contact etails:
Programs Management Department I (PMD I)3KRQH
locals 276; 207; 284
irect Line: (62) 405.7427
ax: (62) 528.8542E-mail: [email protected]; [email protected]
Program Title: CREDIT PROGRAM FOR COOPERATIVES
Program Rationale and Objective: To help augment income, generatemore economic activities and transform peoples lives.
Basic Features:
Eligible Borrowers Agricultural Cooperatives (Agri-Coops) composed of majority
of small farmers and fisherfolk and small hog/poultry/ livestockraisers;
Non-armers or Credit Cooperatives composed of marketvendors, employees, teachers, rural workers, etc.;
Institutional/Employees Cooperative and Associations
composed of regular / permanent employees of an agency
Basic Accreditation Criteria for Availing Cooperatives - In order fora coop to avail of the LBP credit facilities, it has to meet the minimumaccreditation requirements of the bank, which are as follows:
ParticularsNewly-
AccessingCoops
Existing BankAssistedCoops
(Agri-Coops)
CreditCoops
Institutional /EmployeesCoops and
Associations
a. MaturityLevel*
A,B,C & D A,B,C & D A,B,C & D A,B,C & D
b. Membership At least 60 At least 100 At least300
At least 50
c. Paid-upCapital/Surplus
At leastP30,000
Average ofP500/member
At leastP300,000
At leastP30,000
d. CoreManagement
Team(Manager,Bookkeeper& Treasurer)
Complete,part time/
full time
Complete, parttime/ full time
Complete,part time/
full time
Complete, parttime/ full time
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ParticularsNewly-AccessingCoops
Existing BankAssistedCoops(Agri-Coops)
CreditCoops
Institutional /EmployeesCoops andAssociations
e. Profitability Break-evenLevel
Profitable Profitable Profitable
f. Debt-EquityRatio
6:1 6:1 6:1 -
g. LiquidityRatio
1:1 1:1 1:1 1:1
h. Past DueRatio
Not morethan 25%
Not more than25%
Not morethan 15%
Not more than15%
i. Risk AssetRatio
- - Not lessthan 10%
Not less than10%
* Classification of coops based on their level of maturity using thebanks established coop accreditation criteria (CAC)
Available Credit Facility: Agricultural Production Loan (APL) short/medium/long
term loans (depending on the gestation period of the crops/projects), for relending to cooperative members intended tofinance crop production, livestock and poultry raising/breeding,fishery and aquaculture projects, and other agri/aqua-relatedprojects, including cottage industries which utilize excess farm
labor.
Working Capital Loan (WCL) intended to financecooperative activities requiring operating capital for thepurchase of raw materials, processing and trading of inputsand/or finished products, and the operation of fixed assets.
Rediscounting Line (RL) to supplement the cooperativesoperating capital via rediscounting of promissory notes of itsmembers.
Terms/Requirements:
Loan Amount: epends on the project needs or established loan ceilings for
traditional and high-value crops which should not exceed 80%of the project cost;
or rediscounting, maximum of 85% of the outstanding balanceof the sub-promissory notes;
or Institutional/ Employees Cooperatives, up to six (6) monthsof the employees-sub-borrowers basic salary but not to exceedP00,000.00 or must be within the amount of bonuses and
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benefits to be received by the employee-sub-borrowers, for thePNs rediscounted against the bonuses/benefits, providedfurther that the total loanable amount, inclusive of the loanamount against the salary, will not exceed P00,000.00.
Interest Rate: (subject to annual review by the bank, or whenevernecessary depending on the market condition)
Based on the prevailing prime rate at the time of loan availmentplus a spread ranging from % to 6%, depending on the banksestablished risk factors, such as coops type (agri or non-agricoops), maturity level (classes A, B, C, or newly-accessing),and loan security (secured or non-secured).
or institutional/employees cooperatives and associations, 11%per annum.
Term of Loan/ Mode of Payment: Based on the crop cycle and project cash flow or Institutional/ Employees Cooperatives and Associations
up to two (2) years, payable in monthly amortizations
Documentary Requirements (Pre-processing): uly accomplished LBP loan application form; Certified true copy of the Certificate of egistration with the
Cooperative evelopment Authority (CA) and Articles of
Cooperation and By-Laws; List of Board of irectors and fficers with bio-data and I
pictures, certified by the Board Secretary and attested by theCoop Chairman;
Board esolution authorizing the cooperative to borrow (statingthe amount and purpose of loan) and designating at least two(2) officers to negotiate and sign documents with their specimensignatures and pictures;
Audited inancial Statements (S) for the last three () years,plus interim S at the time of application; or interim S for new
coops; Masterlist of registered members with name of spouses,
address, area and location of farm (if any), amount ofsubscribed and paid-up capital and specimen signaturesprepared by the Board Secretary and attested by the chairman(applicable to new cooperatives).
Contact etails:Programs Management Department I (PMD I)3KRQHORFDOV
(62) 405.7427ax: (62) 528.8542E-mail: [email protected];
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Program Title: ACCELERATING CHANGE IN THE COUNTRYSIDE
THRU EQUITY SHARING STRATEGY (ACCESS)
Program Objective: To catalyze countryside development by promoting
livelihood and rural employment, and by priming up local agri-related
and off-farm economic projects to raise productivity and income inpriority areas of the country.
Program Components: Equity Investment Provision of Professional Management Team Technology Transfer and Marketing Assistance Equity ivestment
Eligible Partners: Cooperatives/ederations; armers and isherfolk; Non-Government rganizations (NGs); Private Entrepreneurs; Local Government Units (LGUs); and ther interested investors. Partners should have no adverse CI/BI reports.
Eligibility Requirements:
Agri-related and off-farm economic projects Located outside National Capital egion (NC) and Metro
Cebu; however, projects located inside the mentioned areasmay be considered if raw materials are sourced from outsidethe said places.
I of at least 12% At least four stockholders (including Landbank)
Equity Investment Features:
Loan Amount: Minimum of P1.0 Million; LBP Equity investment
shall neither exceed P20.0 Million nor 5% of the total subscribed
capital stock or 5% of total voting stock in a single enterprise,
whichever is lower; provided that the total government equity shall
not exceed 49% and foreign equity shall not exceed 40%. Investment
shall be in Preferred Shares with voting power.
Dividend Rate: Entitled to cumulative dividends (includingundeclared/ unpaid dividends for the prior year/s), ividend atebased on 91-day T-Bill rate computed at the end of the calendaryear.
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Divestment: Shall be sold or redeemed at par value within a period of 15
years based on a schedule formulated by the Board of irectorsconsidering the cash flow of the project.
The corporation shall establish a sinking fund to ensure the
redemption of Landbank shares.
Contact etails:
Programs Management Department I (PMD I)3KRQHORFDOV
(62) 405.7427
ax: (62) 528.8542E-mail: [email protected];
Program Title: DEVELOPMENT ADVOCACY (DevAd) PROGRAM
Program Objectives: DevAd Program is an innovative lendingprogram for enterprises with viable and sustainable projects, but lackingin collateral or do not have a track record.
Eligibility Criteria: Accounts that could not comply with LBPs lending criteria but
with viable projects Make use of credit enhancement instruments such as market
contracts, post-dated checks and guarantee Make use of purchase orders or receivables financing
Eligible Borrowers: Cooperatives ederations Associations Non-Government rganizations (NGs) Small and Medium Enterprises Agri-based entities
Loan Purpose: Production Loan Working Capital ixed Assets Loan
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Terms/Requirements:
Loan Amount: epends on the requirement of the project, maximum of 80% of
the total project cost Loans against receivables and Ps shall not exceed 70% of
their outstanding values
Loan Securities: Assignment of receivables Assignment of proceeds of market contract Guarantee cover Post-dated checks
Contact etails:
Programs Management Department I (PMD I)3KRQHORFDOV
(62) 405.7427
ax: (62) 528.8542E-mail: [email protected];
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NATIONAL LIVELIHOOD DEVELOPMENT CORPORATION (NLDC)
7, ne Corporate Plaza, 845 A. Arnaiz Avenue, Makati City
Program Title: LIVELIHOOD CREDIT ASSISTANCE PROGRAM
(LCAP)
Program Objective: To provide livelihood and enterprise developmentassistance to small farmer beneficiaries in the agrarian reformcommunities (ACs) and members of the marginalized sectors byproviding access to micro credit through accredited NLC programpartners/conduits, supported by capability building/institutionaldevelopment interventions.
Target Clients: Program Partners/Lending Conduits
o ural inancial Institutions (Is)o Cooperativeso Non-Government rganizations (NGs)
End-Borrowerso Agrarian reform beneficiaries/small farmers and their
wives/dependents in the ACs; and,o ther non-farmer and marginalized households in the ACs
and alahi zones.
Types of Services: evolving Credit Line funds for relending to finance the
livelihood project requirements of end-borrowers. evelopmental Loan loan amount shall be to a maximum of
10% of the Conduits total loan outstanding. At least 50% of thecredit line should have been utilized before it can be availed of.The loan is to be used specifically for the following:o or the conduct of capability-building/training of staff of the
conduit handling the NLC livelihood credit program and theconduct of social preparation activities for the end-
borrowers; and,o or logistic support expenses as allowed by NLC and
depending on its assessment of the needs of the client.
Accreditation Criteria for Partners/Conduits: egistered with the appropriate government entity; Profitable operations for the last years and interim; Satisfactory credit record with other creditors; and, At least 10% leverage Capital isk to Asset atio (CA).
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Terms/Requirements:
Loan Amount:
Program Partnerso evolving Credit Line epends on the credit evaluation,
program plans and number of target end-borrowers but not
to exceed its total asset base.o evelopmental Loan depends on the needs of the
Program Partner as assessed by NLC but not to exceed10% of the approved credit line.
End-Borrowers P,000 to P50,000.
Interest Rates:
Program Partnerso evolving Credit Line 9% per annumo
evelopmental Loan 4% per annum; loan duration shalldepend on the nature of the soft loan utilization but not toexceed three () years.
Security:
Program Partnerso Continuing eed of Assignment of end-borrowers
Promissory Notes and their underlying collateralso Post-dated Checkso Chattel or eal Estate Mortgage, if any.
End-Borrowers no collateral
Application Requirements: Accomplished NLC application forms; egistration and Incorporation papers; Board esolution to borrow; Audited financial statement for the last years and latest interim
financial statement; and, ther requirements that may be deemed necessary by NLC.
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Program Title: LIVELIHOOD DEVELOPMENT PROGRAM FOR
OVERSEAS FILIPINO WORKERS (LDPO)
Program Objective: To help Ws and their families start or sustaintheir own business through access to credit, capability building, market
linkage and other forms of livelihood or entrepreneurial assistance.
Target Clients:
All active and former member-Ws of the verseas WorkersWelfare Administration (WWA)
Ws immediate family members (but only one family memberper W can avail)o or married Ws: spouse or children of legal ageo or single Ws: parents or children of legal age
ormer WWA LP borrowers with good records of
repayment
Loan Purposes and Repayment Period: or short-term operating capital of new or existing business -
two-year revolving credit line to be availed of via 0 to 180 dayspromissory notes.
or permanent working capital for purchase of stock inventoryor cost of franchise - years repayment including one-yeargrace period on the principal.
or asset acquisition or construction (except for purchase of
land) - payable in to 5 years including one-year grace periodon the principal.
Terms/Requirements:
Loan Amount: Individual Borrower maximum loan of P200,000 rganized and egistered Group of at least five members
maximum of P1.0 Million.
Interest Rate: NLC to Program Partners
o Interest: % per annum to be amortized with principalo Service ee: 1% per annum to be deducted upon loan
release and every start of succeeding year based onoutstanding balance
Conduits to W borrowero Interest: 9% per annum to be paid on maturity of short term
loan or amortized with principal in case of -5 year loanso Service ee: 2% per annum payable upon loan release
and at the start of every year thereafter based onoutstanding balance
o acilitation ee: % one time for the entire term of loan (tocover for CI/BI, appraisal and processing expenses)
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Security: Loans shall be 100% collateralized by any or acombination of the following unencumbered assets/rights: eal estate; Chattel properties; Stock inventories; eceivables;
Insurance/pre-need policies; and, ther types of collateral acceptable to the NLC conduit.
Loan Requirements for OFWs: Proof of WWA contribution Business Plan/Project easibility Study Business permit/license for on-going projects inancial statements in case of existing business ocuments to establish borrowers relationship with the W
(for beneficiaries) Collateral papers/ownership titles, etc.
Contact etails:
National Livelihood Development Corporation
3KRQH
ax: (62) 817.2659
E-mail: [email protected]: www.nldc.gov.ph
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OPPORTUNITY KAUSWAGAN BANK, INC.A & L Building, E. Lopez Street, Jaro, Iloilo City
Program Title: PROYEKTO SA KAUSWAGAN SA KATILINGBAN(PKK)
Program Objective: A microfinance lending program designed toalleviate poverty by empowering the marginalized sector towardseconomic growth through values formation and livelihood trainingprograms, micro insurance, savings services in form of capital build-up,regular savings account, special savings account, and loan funds to agroup of 5-45 micro entrepreneurs having a business activity withoutcollateral documents.
Eligible Borrowers:New Clients: Individual, male or female, 21-60 years old Presently engaged in a business that is profitable, decent and
legal and which provides a stable source of daily or weeklyincome
Engaged in present business for at least 1 year esiding in present address for at least years. esidence
must be within the banks service area. Without any history of past due loan with other MIs, creditors
and suppliers Can provide a Barangay Business Permit
Clients Graduating from PKK:
Individuals, male or female, 21-60 years old Presently engaged in a business that is profitable, decent and
legal and which provides a stable source of daily or weeklyincome
Engaged in present business for at least 1 year esiding in present address for at least years. esidence
must be within the banks service area. P clients for at least 2 years and with good repayment and
performance
Loan Purpose: Loans in small amounts for people involved in incomegenerating activities, especially women, who do not have access tocredit because of lack of collateral or assets. Specifically those whohave small informal businesses and need working capital.
Terms/Requirements:
Loan Amount: Minimum of P5 Thousand; Maximum of P150
Thousand
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Interest Rate: 2.5% per month
Maturity / Repayment: Three () to six (6) months Weekly and monthly payments (amortized)
Security: Clean for group loans and eal Estate; Chattel of Motorehicles; Serialized Equipment and other Acceptable Securitiesfor Individual Loans with loan amount of over P50,000.00.
Requirements: Application form (complete information provided and signed by
applicant and spouse or co-borrower) I picture alid identification cards (Is)
Business license/Barangay permit Business records and receipts (if available) fficial receipts for utility bill payments (last months) Proof of loan payments and deposits (if applicable) Proof of ownership of assets Co-Makers statement or eal Estate:
o Machine copy of Certificate of Title certified (all pages) bythe egistry of eeds
o Location and icinity Map signed and sealed by a GeodeticEngineer
o Machine copy of Tax eclarationo eal Estate Tax eceipts and Tax Clearance
or Chattels:o Machine copy of LT Certificate of egistrationo Machine copy of LT fficial eceipto sets of Stencils of Engine and Chassis Number
Proof of ownership for serialized equipment and appliances eed of Assignment
Program Title: MICRO ENTERPRISE TRANSITION PROGRAM
(METP)
Program Objective: A microfinance lending program designed to serveas bridge between Proyekto sa auswagan sa atilingban (P) toMicro Enterprise evelopment Program (MEP); developing microenterprises by providing financial assistance to a smaller group of fives
micro entrepreneurs for the expansion of their existing businesses;increasing productivity and income; and creating employmentopportunities for the unemployed and underemployed.
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Eligible Borrowers:New Clients:
Individual, male or female, 21-60 years old Presently engaged in a business that is profitable, decent and
legal and which provides a stable source of daily or weeklyincome
Engaged in present business for at least 1 year esiding in present address for at least years. esidence
must be within the banks service area. Without any history of past due loan with other MIs, creditors
and suppliers Can provide a Barangay Business Permit
Clients Graduating from METP:
Individuals, male or female, 21-60 years old Presently engaged in a business that is profitable, decent and
legal and which provides a stable source of daily or weeklyincome
Engaged in present business for at least 1 year esiding in present address for at least years. esidence
must be within the banks service area. P clients for at least 2 years and with good repayment and
performance
Loan Purpose: Loans in small amounts for people involved in income
generating activities, especially women, who do not have access tocredit because of lack of collateral or assets. Specifically those whohave small informal businesses and need working capital.
Terms/Requirements:
Loan Amount: Minimum of P5 Thousand; Maximum of P150
Thousand
Interest Rate: 2.5% per month
Maturity / Repayment: Three () to six (6) months Weekly and monthly payments (amortized)
Security: Clean for group loans and eal Estate; Chattel of Motor
ehicles; Serialized Equipment and other Acceptable Securitiesfor Individual Loans with loan amount of over P50,000.00.
Requirements: Application form (complete information provided and signed by
applicant and spouse or co-borrower) I picture
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alid identification cards (Is) Business license/Barangay permit Business records and receipts (if available) fficial receipts for utility bill payments (last months) Proof of loan payments and deposits (if applicable) Proof of ownership of assets
Co-Makers statement or eal Estate:
o Machine copy of Certificate of Title certified (all pages) bythe egistry of eeds
o Location and icinity Map signed and sealed by a GeodeticEngineer
o Machine copy of Tax eclarationo eal Estate Tax eceipts and Tax Clearance
or Chattels:o Machine copy of LT Certificate of egistrationo Machine copy of LT fficial eceipto sets of Stencils of Engine and Chassis Number
Proof of ownership for serialized equipment and appliances eed of Assignment
Program Title: MICRO ENTERPRISE DEVELOPMENT PROGRAM
(MEDP)
Program Objective: A microfinance lending program that facilitates
human transformation to any micro entrepreneurs; introducing them to
the mainstream of the financial system through granting of the individual
loans based on cash flow of their existing micro or small enterprises; and
creating employment opportunities.
Eligible Borrowers:
Individual, male or female, 21-60 years old Presently engaged in a business that is profitable, decent and
legal and which provides a stable source of daily or weeklyincome
Engaged in present business for at least 1 year esiding in present address for at least years. esidence
must be within the banks service area. Without any history of past due loan with other MIs, creditors
and suppliers Can provide a Barangay Business Permit
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Loan Purpose: Loans in small amounts for people involved in incomegenerating activities, especially women, who do not have access tocredit because of lack of collateral or assets. Specifically those whohave small informal businesses and need working capital.
Terms/Requirements:
Loan Amount: Minimum of P5 Thousand; Maximum of P150
Thousand
Interest Rate: 2.5% per month
Maturity / Repayment: Three () to six (6) months Weekly and monthly payments (amortized)
Security: Clean for group loans and eal Estate; Chattel of Motor
ehicles; Serialized Equipment and other Acceptable Securitiesfor Individual Loans with loan amount of over P50,000.00.
Requirements: Application form (complete information provided and signed by
applicant and spouse or co-borrower) I picture alid identification cards (Is) Business license/Barangay permit Business records and receipts (if available) fficial receipts for utility bill payments (last months) Proof of loan payments and deposits (if applicable) Proof of ownership of assets Co-Makers statement
or eal Estate:o Machine copy of Certificate of Title certified (all pages) by
the egistry of eedso Location and icinity Map signed and sealed by a Geodetic
Engineero Machine copy of Tax eclarationo eal Estate Tax eceipts and Tax Clearance
or Chattels:o Machine copy of LT Certificate of egistrationo Machine copy of LT fficial eceipto sets of Stencils of Engine and Chassis Number
Proof of ownership for serialized equipment and appliances
eed of Assignment
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Program Title: MICRO, SMALL & MEDIUM ENTERPRISES
DEVELOPMENT LENDING PROGRAM (SMED)
Program Objective: A lending program for mainstreaming micro
financing clients, micro, small and medium enterprises, open to
individuals, partnerships, corporations and cooperatives for purposes ofexport financing, credit line, permanent working capital requirements and
fixed asset acquisition (purchase of equipment, lot and inventories,
building construction) and refinancing.
Eligible Borrowers:
General: Individuals between 21-60 years old during the time of
application With decent, legal and stable source of income esiding in present address for at least years. esidence
must be within the banks service area. No adverse credit findings and without any history of past due
loans In good health and insurable No previous or pending court cases Not included in the Banks client negative list
MSMEs (Individuals, Partnerships, Corporations andCooperatives):
MSMEs that are at least 100% ilipino owned for singleproprietorship or partnership, cooperatives and 60% if acorporation.
MSMEs that within major sectors of the economy: Industry,services, practice of profession, tourism related establishments,agri-business.
MSME with an asset size of less P,000,001 and not more thanP100,000,000.
MSMEs must be duly registered with appropriate governmentagencies.
At least three () year track record for existing MSMEs and one(1) year track record for start-up capital for newly establishedmicro and small enterprises.
MSMEs under a franchise agreement or franchisee. MSMEs owned by Individuals, Partnerships, Corporations and
Cooperatives.
BMBE (Barangay Micro Business Enter