Foundation for a Sustainable Society Inc. (FSSI)

Name

Foundation for a Sustainable Society Inc. (FSSI)

Legal name

FOUNDATION FOR A SUSTAINABLE SOCIETY INC.

Website

https://fssi.com.ph

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Social Enterprise Financing

NAICS

Finance and Insurance (52)

SIC

Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

National/Regional Development Finance Institutions (DFIs) (FSABAKAB)

akta.pro secondary industries

Development Finance, Guarantees & Blended Finance Programs (BPADABAM), Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE)

Keywords

• Social enterprise financing
• Impact investment services
• Microfinance loans
• Cooperative development
• Solar enterprise financing

Headquarters

HQ city

Quezon City

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Loan Interest Income: FSSI provides various loan products including enterprise loans, agro-enterprise loans, women SE loans, PO financing, wholesale loans, and business rehab loans. Revenue is generated through interest rates of 0.58% to 1.13% per month on diminishing balance.
2. Service Fees: Service fees charged on certain loan products such as 1% service fee on Seed Capital Tier 1 and Women SE Start-up Financing Tier 1 products.
3. Equity Investment Returns: FSSI invests in social enterprises in exchange for share of ownership, generating returns through equity participation.
4. Developmental Deposits: Time deposits invested in secondary cooperatives and rural banks to support cooperatives and social enterprises.
5. Fund Syndication: Co-investment arrangements with other impact investors providing investments in form of loan, equity, or developmental deposits.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

FSSI is a non-stock, non-profit organization that provides financial and non-financial products and services to social enterprises pursuing People, Planet, and Profit (triple bottom line or 3BL) objectives. Its portfolio includes loans (enterprise, agro-enterprise, WSE, PO financing, wholesale, and business rehab), equity investments, developmental deposits, fund syndication, seed capital, women SE start-up financing, and solar enterprise financing, complemented by capacity building and business development services.

Product overview

FSSI is a non-stock, non-profit organization offering financial and non-financial products and services to social enterprises. The portfolio includes seven core financial products: Loans (with multiple windows for enterprises, agro-businesses, women SEs, microfinance, and business rehabilitation), Equity investments, Developmental Deposits, Fund Syndication, Seed Capital, Women SE Start-up Financing, and Solar Enterprise Financing. These are complemented by non-financial support services including Social Enterprise Development (3BL performance improvement) and Business Development Services. The products follow a triple bottom line (3BL) approach targeting People, Planet, and Profit objectives.

Differentiator

Problem solved

Functional benefit

Products and services

• Loans Credit facilities supporting credit-ready enterprises to grow their business, including Enterprise Loans, Agro-enterprise Loans, Women SE (WSE) Loans, PO Financing/Bridge Financing, Wholesale Loans for Agri-Credit and Microfinance, and Business Rehab Loans. Loan amount up to Php 40 million, interest rate 0.58% to 1.13% per month (diminishing balance), term up to 5 years. Target partners are registered cooperatives, NGOs, People's Organizations, and SMEs with at least 3 years of operation.
• Equity Equity investment in social enterprises to support creation of positive impact on marginalized communities and operating business innovations that support environmental management and conservation, in exchange for a share of ownership. Investment amount up to Php 40 million. Target partners are social enterprises with innovative business ideas in the scaling stage.
• Developmental Deposit Time deposits invested in secondary cooperatives and rural banks, which are made available to support cooperatives and other social enterprises. Target partners are secondary cooperatives and rural banks.
• Fund Syndication Co-investment arrangements with other impact investors that aim to achieve particular social or environmental impact in a particular geographic area or social sector. Investments can be in the form of loan, equity, or developmental deposits. Target co-investors are impact investors.
• Seed Capital Investment in start-up social enterprises to support acquisition of business resources necessary to attain their next milestone. Tier 1: up to Php 500,000 at zero interest with 1% service fee. Tier 2: up to Php 1 million at 7% interest with no service fee. Target partners are social enterprises with at least one year in operation focused on reducing poverty or protecting the environment.
• Women SE Start-up Financing Financing for start-up women social enterprises, ranging from Php 300,000 to Php 1 million with zero to 7% interest rates. Tier 1 (Php 300,000-500,000): zero interest with 1% service fee. Tier 2 (Php 300,000-1 million): 7% interest with no service fee. Aimed at social enterprises established by women with sound business proposals.
• Solar Enterprise Financing Loan products for near-small to small solar energy enterprises, with tiers for early-stage (up to Php 1 million, less than 2 years operation), emerging (up to Php 3 million, 2-3 years operation), and mature (up to Php 10 million, 3+ years operation) enterprises. Also includes the Solar Relending Access Fund for NGOs, cooperatives, and SEs to adopt solar and re-lend to members/employees, with up to Php 10 million initial financing renewable up to Php 40 million.
• Social Enterprise Development Non-financial support service providing social enterprises with access to resources on adopting and improving their triple bottom line (3BL) performance across economic, social, and environmental dimensions.
• Business Development Services Non-financial service providing social enterprises with access to the latest innovations on industry, business, environmental management, and gender and development to support their growth and sustainability.

Quantifiable outcome

• Supported over 200 sustainable development projects since 1995
• +2 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

16 partnerships are on record, tiered core, major and minor.

• National Confederation of Cooperatives (NATCCO)coreStrategic or Co-development PartnerFSSI consortium partner in delivering capacity building and mentoring requirements for women social enterprises under the IW project. NATCCO provides expertise and networks for program delivery.
• Philippine Business for Social Progress (PBSP)coreStrategic or Co-development PartnerFSSI consortium partner providing expertise and networks for delivering capacity building and mentoring to women social enterprises.
• SEARCA (Southeast Asian Regional Center for Graduate Education and Research in Agriculture)coreStrategic or Co-development PartnerFive-year partnership for inclusive agriculture and rural development. FSSI launched partnership with SEARCA for collaborative efforts in supporting social enterprises in the agricultural sector.
• USAIDcoreStrategic or Co-development PartnerUSAID signed Memorandum of Understanding with FSSI under the Protect Wildlife project for social enterprise development.
• Federation of People's Sustainable Development Cooperative (FPSDC)majorStrategic or Co-development PartnerCo-investment arrangement under the Investing in Women project. FPSDC partners with FSSI to support women-owned and led social enterprises.
• WeGen Energy PhilippinesmajorStrategic or Co-development PartnerFSSI partnered with WeGen to host sessions on renewable energy for agri-fisheries. WeGen Laudato Si was launched to work with Catholic Church-based communities in shifting to clean, renewable energy.
• Zero Extreme Poverty Philippines 2030 (ZEP2030)majorStrategic or Co-development PartnerFSSI joined ZEP2030 coalition to uplift PH families from extreme poverty as one of its members.
• Mindanao Coalition of Development NGO Networks (MINCODE)majorStrategic or Co-development PartnerFSSI partnered with MINCODE and Kapwa to provide aid to quake-stricken families in Makilala.
• Green Climate FundminorOthersFSSI joined civil society organizations coalition for the Green Climate Fund.
• Department of Trade and Industry (DTI)coreStrategic or Co-development PartnerFSSI is a member of the RAPID Growth Project Steering Committee. DTI leads the P4.7-billion Rural Agro-enterprise Partnership for Inclusive Development and Growth project.
• Association of Foundations (AF)majorStrategic or Co-development PartnerFSSI participated in AF's LEAD to Serve Batch 6 leadership development program. AF facilitates risk management training for FSSI partner SEs.
• VICTO NationalminorImplementation/ SI/ Consulting PartnerFSSI member organization that facilitated Business Continuity Planning training for partner social enterprises.
• Bayan Family of FoundationsmajorStrategic or Co-development PartnerFSSI serves as Co-Vice Chairperson and Conference Ambassador for the Philippine Social Enterprise Roadmap Conference organized by Bayan Family of Foundations.
• Association of NGOs for Social Enterprise DevelopmentmajorStrategic or Co-development PartnerFSSI actively participates in monthly Social Enterprise Symposium hosted by the Association of NGOs for Social Enterprise Development.
• ECLOF Philippines Microfinance, Inc. (EPMI)majorOthersMember organization of FSSI. Initially formed in 1972 by the National Council of Churches in the Philippines, EPMI became independent in 1995 and provides microfinance services.
• Partnership for Clean Air, Inc.minorOthersFSSI member organization. FSSI participated in the 17th Annual Clean Air Forum organized by Partnership for Clean Air.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/foundation-for-a-sustainable-society-inc-fssi

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foundation for a Sustainable Society Inc. (FSSI)