The Foundation for a Sustainable Society, Inc. (FSSI) is a non-stock, non-profit organization that offers financial and non-financial products and services to social enterprises with people, planet and profit objectives, also known as the triple bottom line (3BL).

People

The economic participation of marginalized sectors in social enterprises and value chain.

Planet

The sustainable management of local ecosystems and development of climate change adaptation, mitigation, and disaster risk reduction mechanisms.

Profit

The sustainable production of

commodities and development

of local values chains.

Governance

Sound Management

Participation

Gender and Development

Community Improvement

Environmental-Compliance

Environmental Management

Margin

Return

Stability

Our programs aim to develop sustainable local communities through 3BL strategy.

OUR PRODUCTS AND SERVICES

LOAN

Supports credit-ready enterprises to grow their business; open to cooperatives, NGOs, people’s
organizations, sole proprietors, corporations and other SMEs with at least 3 years operation

Loan amount

Up to Php 40 million

Types of financing

1. Credit line
- Supports working capital requirements which can be drawn when needed and amortized based on the expected operating cash flow.
2. Term loan
- Supports business expansion that requires acquisition of additional assets or on improving system and operation which are needed to accelerate growth. Loan amount can be released based on pre-set schedule and amortized based on the short-term or medium-term operating cash flow of the enterprise.

Interest rate

0.6% to 1.15% per month; subject to credit evaluation and based on diminishing balance; fixed for the entire loan term
*No processing fees or other fees except for short-term financing of less than 6 months

Term

Up to 5 years, depending on business projection and cash flow

Collateral

Real Estate Mortgage, Chattel Mortgage, and others

Loan windows

1. Enterprise Loan
- Aims to support SMEs in general. Loan purposes can vary from acquiring assets, new equipment, building construction, building/plant improvements, opening new location, launching new product/services and additional working capital.
2. Agro-enterprise Loan
- Aims to support agriculture-based SMEs especially those that support local value chain. Loan purpose can vary from acquiring assets, new equipment, building construction, building/plant improvements, opening new location and launching new product/services and additional working capital.
3. WSE Loan
- Aims to support women social enterprises. Loan purpose vary from acquiring assets, new equipment, building construction, building/plant improvements, opening new location and launching new product/services and additional working capital.
4. PO Financing /Bridge Financing
- Aims to support working capital requirements particularly to finance delivery of purchase orders and receivables. Loan is packaged as credit line which the enterprise can draw from during a set validity period.
5. Wholesale Loan for Agri-Credit
- Aims to support cooperatives, microfinance NGOs and other lenders that cater to credit needs of producers in the agri sector. Loan purpose is for lending to individual producers of agriculture and aquaculture commodities.
6. Wholesale Loan for Microfinance
- Aims to support cooperatives, microfinance NGOs and other lenders that cater to credit needs of micro-entrepreneurs. Loan purpose is either for individual or group lending.
7. Business Rehab Loan
- Aims to support recovery of business operations that was affected by natural calamities or health emergencies. Loan purpose, in general, can either be for working capital or fixed asset acquisition.

Target partners

Registered cooperatives, NGOs, People’s Organizations, and SMEs with at least 3 years operation

EQUITY

Invested in SEs to support them in creating positive impact on marginalized communities and operating business innovations that supports environmental management and conservation in exchange for a share of ownership.

Amount:

Up to Php 40 million

Term:

Based on business design and proposed term sheet

Target partners:

SEs with innovative business ideas that are in the scaling stage of development whether new or expansion

DEVELOPMENTAL DEPOSIT

Invested in secondary cooperatives and rural banks in the form of time deposits which are made available to support cooperatives and other social enterprises.

Target partners:

Secondary cooperatives and rural banks

FUND SYNDICATION

Participation in co-investment arrangements with other impact investors that aim to achieve particular social or environmental impact in a particular geographic area or particular social sector or group. Investments can be provided in the form of loan, equity, or developmental deposits.