Access of Small Enterprise to Sound Lending Opportunities

(ASENSO) Program

ASENSO adopts a unified procedure and terms and conditions in lending to SMEs. Short term
(one year) and long term (maximum of five years) loans for working capital or fixed asset
acquisition are capped at PHP 5 million (approx. 112,700 USD). Projects in manufacturing, agri-
business, services, or trading industries are eligible for financing.

Who are the eligible borrowers?

What are the eligible projects?

What are the purposes of the loan under this program?

What is the maximum amount of a loan?

What are the terms available to the borrower?

Is it a secured or unsecured loan?

https://www.proudbrown.com/avail-asenso-loan-program-sss/