Sustainable Waste Management Eco-Enterprises 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.

Sustainable Waste Management Eco-Enterprises Program (SWEEP) 1

Eligible Borrowers:
* Non-Government Organizations (NGOs)
* People’s Organizations (POs)
* Cooperatives and Coop- Federations
* Industry Associations
* Single Proprietor
* Private Corporations

Financial Products and Services:
* Loan (Term Loan, Credit Line)
* Guarantee
* Equity/Joint Venture

Terms/Requirements:

Loan Amount: Minimum of P500 Thousand
* Maximum of P5.0 Million for first time borrowers

Interest Rate: Prevailing 90-day TBill Rate + (5 – Project’s EEI rating) + Service Fee + RVAT

Maturity/ Repayment: One to five years maturity; Monthly, quarterly, semi-annual, or annual payments of principal and interest

Security: (any or combination of the following)
* Real Estate Mortgage
* Chattel Mortgage
* Deed of Assignment
* Joint and Several Suretyship (JSS) Agreement

Contact Details:
FOUNDATION FOR A SUSTAINABLE SOCIETY, INC. (FSSI)
Unit E, 46 Samar Avenue cor. Eugenio Lopez Street South Triangle, Quezon City

Mr. Augusto Camba
Associate Director
Telefax: (632) 928.8671
E-mail: ac@fssi.com.ph
URL: www.fssi.com.ph

Ms. Glaiza Veluz
Program Officer
E-mail: glaiza@fssi.com.ph
Telefax: (632) 928.8671
URL: www.fssi.com.ph