TSPI offers a broad range of financial products and social development services, including spiritual values formation. These are designed to equip clients with the skills to become successful entrepreneurs, while nurturing their spiritual growth. In the process, solidarity and joint responsibility are instilled in them.
Major programs include business programs, which serve as financial tools that support the sustainability and growth of clients’ microenterprises and farm production activities that enable them to maximize business opportunities.
TSPI KABUHAYAN PROGRAM (TKP)
is a livelihood assistance program that provides collateral-free loans of up to P50,000, payable from three to six months on a weekly basis. To qualify, individuals with livelihood or microenterprise operating for at least three months must join other borrowers to form a group of up to 30 members. The group is committed to collective responsibility on individual loan of members, as a way of instilling credit discipline and fostering group solidarity. Members are also provided with microinsurance benefits and access to other loan programs such as healthcare, education, housing and sanitation.
TSPI MAUNLAD PROGRAM (TMP)
is a loan program offered to microentrepreneurs who have higher capital requirement. It is open to both existing TKP clients and new clients with business that has been continuously operating for at least two years and a business capital of at least P60, 000. TMP offers loans ranging from P30, 000 to P300, 000, payable in three to 24 months. The repayment schedule is flexible with weekly, semi-monthly and monthly options based on client’s cash flow. Collateral is required only for loans above P100, 000. Members are also provided access to microinsurance benefits and other loan programs such as healthcare, education, housing and sanitation.
TSPI PROGRAMANG PANG-AGRIKUTURA (TPP)
is an agriculture lending program that offers production loan for rice, corn and high-value crops. It provides small farmers with more affordable funds for the cost of farming inputs and labor up to P200,000 for a maximum of five hectares. Generally, the loan is payable in lump sum at the end of the cropping season or in multiple payments during harvest for high-value crops. To qualify, members must be part of a group with maximum of 30 members. The group is committed to collective responsibility on individual loan of members, as a way of instilling credit discipline and fostering group solidarity. Members are also provided with micro insurance and crop insurance benefits. They also have access to other loan programs for water pump installation, other agri-related livelihood activities, healthcare, housing, and sanitation.
SIKAP Loan Program
It is a livelihood assistance program that provides loans requiring small working capital ranging from Php 1,000 to Php 4,999 payable from three to six months on a weekly basis. It is offered to new clients, existing clients and Balik-TSPI clients who want to re-start or sustain existing livelihood. The required documents are simplified and loan applications are processed within 24 hours. The individual should be a member of a group that is committed to collective responsibility. Members are also provided with micro insurance benefits and access to other loan programs such as healthcare, education and housing and sanitation.