Eligible Investments
To be eligible for loans, investments must be either for:
Starting a new business
Expanding an existing business

Loan funds may be used:
To acquire fixed assets such as land, buildings, machinery
For related services such as equipment installation
As working capital

Qualities of Start-Up or Expansion
Labor intensive 
Export-oriented or have the potential to increase net foreign exchange availability
Provides more markets, inputs, processing or services for agriculture or other rural production

Eligible Business Activities
Any legal private, productive or commercial activity conducted in the Philippines, outside the National Capital Region.

Generally, off-farm private enterprises engaged in manufacturing or agri-business such as:
Light industrial manufacting
Light handicraft
Woodworking
Metal working
Services (with social impact)
Agri-processing or manufacturing
Agri-trading
Non-traditional agriculture production which is pioneering in nature

Non-Eligible Business Activities
  •  Adverse to interest of women and children

  •  Entail pollution

  •  Contribute to the depletion of tropical forests



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    For more information, contact:

    The Executive Director
    Philippine Business for Social Progress
    or
    The Group Director
    Philippine Business for Social Progress -
    Small and Medium Enterprise Credit

    		Telephone: (632) 527-7741 to 51
    		Fax: (632) 527-3743
    		Email: pbsp@pbsp.org.ph / smec@pbsp.org.ph
    		Web: www.pbsp.org.ph




    		 

    “The loan gave us a new lease in life. Because of it (SMEC) we were able to increase our production volume and consequently our sales.”

    - Reden de Castro,
    Owner of RECA Glass and
    Aluminum Supply Co.,
    Lipa City, Batangas