Qualifications for Loan Assistance

Small enterprise borrowers can avail of the loan from SMEC accredited rural and/or thrift banks, if they meet the following qualifications:

A citizen or permanent legal resident of the Philippines.

A corporation, partnership or business organization which is more than 50% owned by Philippine nationals.

Have their principal place of business in the Philippines, outside the National Capital Region.

Have a 100% privately-owned business with total assets of not more than P15 million at the time the loan is granted.



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



 

“…that even PBSP just breaks even on this whole thing, it would have served a very good purpose. So we are not there for the profits per se but to continue the social work that PBSP is doing.”

- Ramon R. del Rosario, Jr.,
PBSP Trustee, SMEC Project Implementation Committee Chair, and Chairman and CEO,

AB Capital and Investment Corp.