SEDPI has three financial products in its alternative finance. One of these financial products is designed to capture investments – social investment fund; and another two on loan products – MFI Wholesale Loans and SME Financing Loans.

SCCI currently serves three microfinance institutions. These are Siargao Bank based in Mindanao; Agricultural and Rural Development for Catanduanes, Inc. operating in the Bicol Region; and Inner City Development Cooperative based in Metro Manila.

The MFI Wholesale Loan targets emerging and strengthened microfinance institutions who would otherwise have difficulty accessing funds from formal financial sources or are introducing new innovation in their financial service delivery. Loan amounts usually range from PhP150,000 to PhP5,000,000.

Social enterprises are businesses that create wealth with the intention of servicing a defined constituency involving the marginalized sectors of society. These are microenterprises that are not serviced by the commercial financial sector due to their inability to produce collateral; and are also not serviced by microfinance institutions because they generally need larger loan amount. The aim of the social enterprise loan is to expand their present business activities and increase their incomes. It focuses on microenterprises that are involved in business activities that have good potential for expansion, generate employment and at least adopt a second bottom line other than financial sustainability.

SCCI currently serves 15 social enterprises involved in various business such as food production; paper recycling; education; remittance operation; water purifying etc. These social enterprises cumulatively employ at least 120 individuals.

The success of the financial product is best explained by two social entrepreneurs who started and grew their business by accessing the social enterprise loan. Mr. Herbert Glenn Reyes, an educator, previously accessed a loan to expand his school. After three loan availments, he has fully paid his loan and now manages a financially sustainable enterprise continually providing education to children. Due to the success of his enterprise, he's school currently has 25% scholars paid for by the enterprise. On the other hand, Mr. Joel Acebuche, a fashion designer, accessed the social enterprise loan to start his business and improve his boutique. After three loan availments Joel has fully paid his loan and now enjoys cash flow provided by hus enterprise that no longer requires him to access loans.

Social Investors