Sustainable Partnership for Eco-Enterprises 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 social entrepreneurs.
-To provide assistance to those emerging enterprises that promote eco-enterprise principles.

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 + VAT

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)

46-E Eugenio Lopez Street near corner Samar Avenue, South Triangle, Quezon City 1103, Philippines

Phone: (+632) 8928 8671

Phone: (+632) 7745 3206