11
Oct
2019

Development Bank of the Philippines (DBP) Microfinancing Program

DBP SMEThe Sustainable Entrepreneurship Enhancement and Development Program (SEED) is DBP’s umbrella program for micro, small and medium enterprises (MSMEs). Consistent with the Bank’s developmental thrusts, the DBP-SEED Program aims to enhance the access of MSMEs to credit facilities and fast-track the credit process; bring SMEs to the mainstream of banking by implementing alternative ways of securing MSME loans; and maximize the Bank’s lending reach and help create employment and income opportunities.

Retail Lending for Micro and Small Enterprises

Priority Projects: All types of Micro and Small Enterprises

Eligible Borrowers: Single Proprietorship, Partnership, Corporation, Cooperative and other business entities with legal personality to engage in a business enterprise with capitalization of P 15.0 M and below

Terms: 3 to 5 years

Project Managers:

* Romeo B. Carandang
Assistant Vice President
8922357/8189511 local 2546 rbcarandang@dbp.ph

* Leonore L. Tianco
8922357/8189511 local 2546 ltianco@dbp.ph

SEED Organic Agriculture Program

Priority Projects: Organic Rice, Muscovado Sugar and Organic Vegetables / Processed Organic Vegetables (pickles, chunks, etc.)

Eligible Borrowers: Individuals, Partnerships, Corporations or Cooperatives duly registered with the Department of Trade and Industry / Securities and Exchange Commission or Cooperative Development Authority who own titled land or with tenurial arrangement on land suitable for planting to organic crops.

Terms: Repayment based on the project cash flow or payback period as determined by DBP but not to exceed 5 years inclusive of 3 years grace period

Project Managers:

* Romeo B. Carandang
Assistant Vice President
8922357/8189511 local 2546 rbcarandang@dbp.ph

* Leonore L. Tianco
8922357/8189511 local 2546 ltianco@dbp.ph

SEED High Value Crops Financing Programs

Priority Projects:
* Fruits : Banana, Pineapple, Mango, Durian, Pomelo, Calamansi, Pili, Lanzones, Papaya, Mangosteen
* Vegetables: Asparagus, Broccoli, Shallot, Cabbage, Celery, Cauliflower, etc.
* Plantation Crops: Rubber, Coffee, Oil Palm & Cacao

Eligible Borrowers: Individuals, Partnerships, Corporations or Cooperatives duly registered with DTI / Securities and Exchange Commission or Cooperative Development Authority who own titled land or with tenurial arrrangement on land suitable for planting to high-value commercial crops.

Terms: Repayment terms based on project cycle and cash flow but not to exceed 10 years inclusive of 3 years grace period.

Project Managers:

* Romeo B. Carandang
Assistant Vice President
8922357/8189511 local 2546 rbcarandang@dbp.ph

* Jose Pepito A. Yusingbo
8922357/8189511 local 2546 jpayusingbo@dbp.ph

SEED Cleaner Public Transport Program

Priority Projects: Public Transport Sector

Eligible Borrowers: Transport Operators (Tricycles and Jeepneys)

Terms: Maximum of 5 years inclusive of 3 months grace period

Project Managers:

* Romeo B. Carandang
Assistant Vice President
8922357/8189511 local 2546 rbcarandang@dbp.ph

* Leonore L. Tianco
8922357/8189511 local 2546 ltianco@dbp.ph

SEED One Town One Product Program

Priority Projects: OTOP Projects

Eligible Borrowers: MSMEs, OFWs with existing, start-up OTOP Projects, or projects supportive of OTOP endorsed by DTI.

Terms: 3 to 5 years

Project Managers:

* Romeo B. Carandang
Assistant Vice President
8922357/8189511 local 2546
rbcarandang@dbp.ph

* Leonore L. Tianco
8922357/8189511 local 2546
lltianco@dbp.ph

SEED CSF Credit Facility

Eligible Borrowers:

* Credit Surety Fund Member Cooperatives
* Individual MSMEs who are members of Credit Surety Fund member cooperatives

Project Managers:

* Romeo B. Carandang
Assistant Vice President
8922357/8189511 local 2546 rbcarandang@dbp.ph

* Jennifer L. Amparado
8922357/8189511 local 2549 jlamparado@dbp.ph

SEED Venture Capital Program

Eligible Projects:

* Technology-based
* Services (except financial)
* Manufacturing
* Franchise
* Post Harvest Facilities
* Agri-production (high value crops, organic agriculture and mariculture project)

Eligible Borrowers:

* For regular VCP: any duly registered small enterprise with asset size of not more than P15M
* For CSR: enterprises with higher asset size may be considered on the basis of their projects’ developmental impact.

Terms: Maximum of five (5) years, subject to two (2) years extension

Project Manager:

* Romeo B. Carandang
Assistant Vice President
8922357/8189511 local 2546 rbcarandang@dbp.ph

Livelihood

Priority Projects: Mariculture Park projects and their linkage industries:

1. Mooring systems, fish cages, fish cage facilities
2. Businesses related to activities in the Mariculture Park, such as:
– Accredited Support Businesses
– Post Harvest Services and Ancillary Services

Eligible: Business Corporations, Local Government Units, Micro, Small and Medium Enterprises, Proprietorships, Joint Ventures, Partnerships, Cooperatives, Associations

Terms:

* Maximum repayment term of ten (10) years depending on the amount of the loan
* Maximum of three (3) years grace period

Project Managers:

* Leopoldo A. Resmundo, Jr.
Senior Manager
8125703/8189511 loc. 2332
ljaresmundo@dbp.ph

* Aldwin Christian B. Yam
Assistant Manager
8125703/8189511 loc. 2332
acbyam@dbp.ph

How to get started and avail of DBP’s Microfinancing Programs? Click here.
Are you ready to apply for a loan from DBP? Click Here for the steps!

Source and Photo: DBP

Disclaimer: Pinoybisnes.com is not connected in any way with the listed financing programs being offered here. For more information and advice, please call directly the institution involved.

Do you like this business financing program? content“> then please consider subscribing to our PINOY BISNES Development Bank of the Philippines (DBP) Microfinancing Program 1 RSS feed. You can also subscribe by email and have new articles sent directly to your inbox. (Once you entered your e-mail address, you need to login to your e-mail account and click the link to confirm your subscription).

You may also like...

1 Response

  1. Ceo says:

    nice…. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Pinoy Bisnes Ideas