Corporate Funded Programs

Using its own corporate funds, the SB Corporation is engaged in a) Regular Retail Lending for duly registered MSMEs and b) Venture Capital for selected start-up MSMEs. The two financing programs are consistent with the policy statement that the SB Corporation shall not duplicate existing financing interventions available in the market.

Program: Regular Retail Lending

Priority Beneficiaries: Targeted Micro and Small Enterprise Markets

Program: Venture Capital Program

Priority Beneficiaries: Selected Start-up MSMES thru Partner State Universities and Colleges

Program: Capacity Building Programs

Priority Beneficiaries: Targeted Financing Institutions

 

National Government- Supported Programs

Program: Enterprise Rehabilitation Financing

Priority Beneficiaries: MSMEs who suffered business reversal from calamity

The program was initially funded by corporate funds when it started in January 2014. SB Corp allotted around P 600 million in support of MSMEs badly affected by Typhoon Yolanda.

In response the National Government (NG) granted P200 million credit risk subsidy to SB Corp.

 

Program: Pondo sa Pagbabago at Pag-asenso (P3)

Priority Beneficiaries: Microenterprises who are economically active                                   

The National Government implemented its P3 Fund for microenterprises (MEs) starting 2017 via a GAA allocation for SB Corporation.

The strategic objective is to provide all MEs that are economically active in all 81 provinces throughout the country, the opportunity to access credit at more reasonable interest rates capped at 2.5% per month.

Not more than 5% of the P3 fund was allocated to higher risk sectors such as internally displaced persons (IDPs) arising from war in Marawi, killed and wounded in action (KIA/WIA) soldiers or their families, MSMEs affected by the temporary closure of Boracay Island and MEs affected by earthquake in Batanes.