SEDPI SRI Frequently Asked Questions (FAQs)

As a SEDPI Coop associate member, you may gain access to savings products such as Socially Responsible Investments (SRIs). Not only will you earn from the SRIs but also from SEDPI Coop dividends. You can also avail SEDPI remittance services for Pag-IBIG and SSS.

Some of the SEDPI Coop products and services include:

• Financial literacy trainings
• Savings products (SRI joint ventures)
• Payment services for Pag-IBIG and SSS
• (L)Earning Wealth book by Sir Vince Rapisura

To register as SEDPI Coop member and participate in joint ventures, please register and take the PMES through this link:

https://form.jotform.com/212269041314042

After gawin ang PMES, may email confirmation and instruction pong marereceive on how to settle the membership fee and share capital for SEDPI Coop. Once settled na ito, pwede na kayong mamili ng SEDPI SRI na gustong salihan at magdeposit ng initial investment.

SEDPI Coop annual membership fee is PhP100 for SRI balance of < 100,000, and PhP500 for ≥ 100,000.

The SEDPI Coop share capital for Associate members (investors) is at PhP1,000 per slot. An Associate member can avail atleast 1 SEDPI Coop share, up to 4 shares.

Sir Vince Rapisura established SEDPI Group of Social Enterprises in 2004. It provides opportunities for social investments through joint ventures. Socially responsible investment (SRI) ang tawag dito. SRI is also known as impact investing where investments are made to companies, organizations and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return. The proceeds are used to invest in a well-selected portfolio of debt and equity securities through joint ventures; mostly to microfinance institutions and social enterprises operating in the Philippines, as well as small scale real estate projects. This is designed to accommodate small social investors seeking capital appreciation and positive social impact.

SEDPI SRI is for investors who would like to build and preserve their savings and want a positive social impact.

SEDPI SRI features:

• Higher Returns – compared to time deposit of commercial banks and government treasury bills
• Invested in Strong Institutions in the Philippines – mainly in microfinance institutions and social enterprises
• Professionally Managed – extensive appraisal and reports
• Profit and loss sharing scheme – joint venture that shares in the risks and profits of project investments

There are 3 types of joint ventures (JV) in SEDPI:

Profit and loss sharing involves sharing of risk and profits between the parties. Shared profit and losses is one of the basic elements constituting a joint venture. SRIs are joint ventures, wherein the investor and SEDPI are the parties with the contractual relationship that share in the specific and identifiable and intangible profits and losses. Sa SRI, may 70/30 percent of profit and share loss between investors and SEDPI, respectively.

These are the active SRIs:

Other things to remember:

• Dividends are NOT GUARANTEED. These are based on the performance of the organizations and/or cooperatives
• You can also view the list of available SRI OPTIONS through the Vince Rapisura page messenger. Just type SRI OPTIONS on the chatbox

Joint Venture Agreements for Working Capital JV, Share Capital JV and Rental Property JV can be found at the following links:

• Working Capital JVA: https://vincerapisura.com/working-capital-joint-venture-agreement/
• Share Capital JVA: https://vincerapisura.com/share-capital-joint-venture-agreement/
• Rental Property JVA: https://vincerapisura.com/rental-property-joint-venture-agreement/

Once you accomplished the PMES and settled the membership fee and share capital for SEDPI Coop, pwede na kayong mamili ng SEDPI SRI na gustong salihan at magdeposit ng initial investment.

To know the list of available SRI OPTIONS, type SRI OPTIONS on https://bit.ly/VinceRapisuraFB.

To know the different payment channels to send in your capital investment, type PAYMENT OPTIONS.

After your registration, you will receive login details to access your SRI Online dashboard.

To view your investments and transactions, you may login to https://vincerapisura.com/sri/login.

To update your password, click forget password on the login page.

To help you understand your SRI dashboard, please watch this tutorial:
https://youtu.be/olmCOwHcQ44.

SEDPI Virtual wallet and SEDPI Coop Pitaka Savings are the same. Dito magrereflect ang contribution at capital payout na marereceive from the SRIs. You can deposit and park your funds in the wallet while waiting for other SRIs to open for ease of reinvestment.

Funds placed in the SEDPI Virtual wallet/ SEDPI Coop Pitaka Savings do not earn dividends. Para kumita, kailangan itong ireinvest sa active SRI.

Minimum of Php10,000 ang required wallet balance para makapag reinvest sa Working Capital JV at Share Capital JV. Php100,000 naman para sa Rental Property JV.

Pwede po kayong mag top up sa wallet para mabuo ang minimum capital required at makapag reinvest agad. Deposit as usual, then sa INFORM DEPOSIT select wallet sa options.

Pwede lang mag reinvest sa mga open or available SRIs. To reinvest from wallet, just go to https://bit.ly/VinceRapisuraFB and type REINVEST para ma assign sa org ang wallet funds.

You can use your wallet funds to settle your SSS, Pag-IBIG P1 and/or Pag-IBIG MP2 contributions.

Kailangan munang gawin ang REGISTER PAGIBIG or REGISTER SSS sa https://bit.ly/VinceRapisuraFB for us to check if you have existing SSS/P1/MP2 account.

To remit for your SSS, P1 and MP2 contribution from SEDPI wallet, just go to https://bit.ly/VinceRapisuraFB and type REINVEST, then select SSS/PAGIBIG sa list of options.

Please keep in mind that funds in wallet are also covered by the 2yr holding period. Applicable withdrawal may apply.

To request for withdrawal, punta po kayo sa Vince Rapisura page messenger https://bit.ly/VinceRapisuraFB and type WITHDRAW. Follow the instructions provided.

You may view your available funds and investments by logging in to your SRI online account : https://www.vincerapisura.com/sri/login 

Kung multiple orgs po ang ipu-pull out, gagawin ang request per org. Kung ano ang latest running balance sa org, yun po ang withdrawable amount. Same po kung magwiwithdraw din from wallet.

May applicable 3% withdrawal fee (of the total amount to withdraw) po kung ang ireredeem na funds ay still within the 2-year holding period. The 2-year holding period covers the capital, dividends and funds assigned to wallet. After magrequest ng withdrawal sa page messenger, please check your SRI Online account kung pumasok ang request as pending.

Make sure to provide all details asked to avoid delays in the processing of your request. Complete name with middle name, date of birth and PH address (place of birth if member is currently residing abroad) are bank requirements and necessary for us to proceed processing your request.

Kung ang bank account na magrereceive ng funds ay hindi nakapangalan sa iyo at irereceive ng isang representative, i-click ang Other Bank Account, then Authorize Representative. You will be required to submit an authorization letter and soft copies of your ID and your representative’s ID. Please provide also your representative’s complete name (middle name included), date of birth and PH address. Required po ito para ma enroll sa online banking ng SEDPI ang iyong receiving bank account.

Processing of request is 14 business days.

A deposit is the fund deposited/transferred to SEDPI bank accounts intended to pay for SEDPI services, participate in SRIs and SSS/Pag-IBIG contributions.

Select the payment channel you want to use to send in your payments.
Payment channels available are GCASH Bills Payment, BDO and BPI Bills Payment (online banking), and EC Pay.

Once you have your proof of transaction, please go to https://bit.ly/VinceRapisuraFB and type INFORM DEPOSIT.

Read and follow the instructions provided by the chatbot. Kung mayroong responses provided, i-click ito. Kung wala, kailangan itype ang sagot sa chatbox. Pwedeng isang deposit lang for different transactions – for example, you sent an amount to cover payments for membership fee, share capital and SRI capital.

Kailangan gawin ang INFORM DEPOSIT for each allocation. Ilagay ang tamang org or transaction at corresponding amount na iaallocate for each.

Pagkatapos gawin ang INFORM DEPOSIT request, ALWAYS check your SRI ONLINE kung nagreflect dito ang request. Ito ay dapat makita sa PENDING tab at naka line up for validation. Validation of deposits usually takes up to 14 business days.

SEDPI COOP and Membership payments

Account Name: SEDPI Foundation, Inc.

GCash

a. Go to Pay Bills
b. Select loans in biller category
c. Select SEDPI
d. Place your full name in the account name
e. For the account number, key in your SEDPI member ID: First Name and Last Name initials + 14 digit ID No. that can be found on your SRI dashboard
f. Type membership fee and share capital in payment for
g. Place the amount you are transferring
h. Place your email address

BDO Online banking

a. Go to Pay Bills
b. In “”Pay this company/biller,”” choose billers not requiring enrollment
c. Scroll down and choose SEDPI Foundation, Inc.
d. Under remarks, place membership fee and share capital
e. Place your name under subcriber name
f. Under subscriber number, type key in your SEDPI member ID: First Name and Last Name initials + 14 digit ID No. that can be found on your SRI dashboard

BPI Online Banking

Enroll SDFI as biller in your BPI online account via BPI website (not BPI app):
a. Log in to BPI Online (website, not the app) and go to “”Other Services.””
b. Select “”Manage Recipients.””
c. Click on “”Add new recipient”” and Select Biller as the type of recipient.
d. Type SEDPI under biller and “”SEDPI development Finance, Inc. SDFI”” should appear in the drop down menu. Select this.
e. Input your reference number which is your membership ID. This could be found when you login at SEDPI SRI online. The membership ID usually starts with the first letter of your first name and last name. If you can’t find this, input the first letter of your first name and last name followed by a dash then the date today in this format YYMMDD. Example: VR-220322.
f. Click “”Next”” and then click “”Confirm”” to confirm the details of your enrollment.
g. You will receive your One-Time PIN (OTP) via your registered mobile phone in BPI. Enter the OTP then select “”Submit.”” SEDPI/SDFI should already be enrolled as biller.

Once done, click enrollment done below. Remit via BPI online biller (website or app).

a. Go to Payments/Load and select Pay Bills
b. Under Pay To, select SEDPI or SDFI as it appears in.
c. Under notes, write the relevant transaction. (e.g. membership fee and share capital; or the SRI code you want to participate in)
d. Click next. review your transaction and then click confirm.

If successful, click remittance done for next instruction.

ECPay

For ECPay partners, inform the partner merchant that the biller is SEDPI under loans category in their system. ECPay partners include pawnshops, dugstores, groceries etc. – look for the ECPay logo in their premises.

SEDPI SRI payments

Account Name: SEDPI Foundation, Inc.

GCash

a. Go to Pay Bills
b. Select loans in biller category
c. Select SEDPI
d. Place your full name in the account name
e. For the account number, key in your SEDPI member ID: First Name and Last Name initials + 14 digit ID No. that can be found on your SRI dashboard
f. Type the relevant transaction the payment is for (sri joint venture – org, membership fee and share capital, wallet, etc.)
g. Place the amount you are transferring
h. Place your email address

BDO Online banking

a. Go to Pay Bills
b. In “”Pay this company/biller,”” choose billers not requiring enrollment
c. Scroll down and choose SEDPI Foundation, Inc.
d. Under remarks, type the relevant transaction the payment is for (sri joint venture – org, membership fee and share capital, wallet, etc.)
e. Place your name under subcriber name
f. Under subscriber number, type key in your SEDPI member ID: First Name and Last Name initials + 14 digit ID No. that can be found on your SRI dashboard

BPI Online Banking

Enroll SDFI as biller in your BPI online account via BPI website (not BPI app):
a. Log in to BPI Online (website, not the app) and go to “”Other Services.””
b. Select “”Manage Recipients.””
c. Click on “”Add new recipient”” and Select Biller as the type of recipient.
d. Type SEDPI under biller and “”SEDPI development Finance, Inc. SDFI”” should appear in the drop down menu. Select this.
e. Input your reference number which is your membership ID. This could be found when you login at SEDPI SRI online. The membership ID usually starts with the first letter of your first name and last name. If you can’t find this, input the first letter of your first name and last name followed by a dash then the date today in this format YYMMDD. Example: VR-220322.
f. Click “”Next”” and then click “”Confirm”” to confirm the details of your enrollment.
g. You will receive your One-Time PIN (OTP) via your registered mobile phone in BPI. Enter the OTP then select “”Submit.”” SEDPI/SDFI should already be enrolled as biller.

Once done, click enrollment done below. Remit via BPI online biller (website or app).

a. Go to Payments/Load and select Pay Bills
b. Under Pay To, select SEDPI or SDFI as it appears in.
c. Under notes, write the relevant transaction. (e.g. membership fee and share capital; or the SRI code you want to participate in)
d. Click next. review your transaction and then click confirm.

If successful, click remittance done for next instruction.

ECPay

For ECPay partners, inform the partner merchant that the biller is SEDPI under loans category in their system. ECPay partners include pawnshops, dugstores, groceries etc. – look for the ECPay logo in their premises.

Deposit validation fee applies if you chose to use payment channels/options other than the once provided. Deposit validation fee is Php100 per transaction.

Deposit validation usually takes up to 14 business days.

To reinvest/reinvestment is to assign your wallet funds or funds from your current org to a different org. Pwedeng magreinvest sa mga active SRIS, o gamitin ang funds para sa SSS/PAGIBIG contributions.

Minimum of PhP10,000 ang required wallet balance para makapag reinvest.

Pwede kayong mag top up sa wallet para mabuo ang PhP10,000 at makapag reinvest agad. Deposit as usual, then sa INFORM DEPOSIT select wallet sa options.

Type REINVEST sa Vince Rapisura page messenger para ma assign sa org ang wallet funds. Select Social Investment sa list of options. Then select or itype sa chatbox kung para saan ang transaction (MEM, SEDPI Coop or code ng napiling SRI ex. SSM).

Pwede lang mag reinvest sa mga open or available SRIs.

Type REINVEST sa Vince Rapisura page messenger then select SSS or PAGIBIG sa options.

Applicable withdrawal fee shall apply if the funds you will use for your SSS/Pag-IBIG contribution is still under the 2-year holding period.

A 2-year holding period applies to all new deposits made to SEDPI and payouts gained from those deposits. This is to encourage the members to complete the term of the joint venture and get the full experience of investing in an SRI. This also protects SEDPI and the investors from fees since partial and premature withdrawal of capital from Coops and other partner organizations are not allowed.

SEDPI and the investors placed a pooled funds in the Coop/Org where partial withdrawal of capital is not allowed. Withdrawal fees are used to cover surcharges implicated by early withdrawal of your investment from the joint venture.

Withdrawal fee is 3% of the total amount withdrawn and shall only apply if the withdrawn fund is still covered by the 2-year holding period.

To request for withdrawal, punta po kayo sa Vince Rapisura page messenger https://bit.ly/VinceRapisuraFB and type WITHDRAW. Follow the instructions provided.

You may view your available funds and investments by logging in to your SRI online account: https://www.vincerapisura.com/sri/login 

Kung multiple orgs po ang ipu-pull out, gagawin ang request per org. Kung ano ang latest running balance sa org, yun po ang withdrawable amount. Pareho ang gagawin kung magwiwithdraw din from wallet.

We would like to remind you of the 2-year holding period, which covers the capital, dividends and funds assigned to wallet. May applicable 3% withdrawal fee (of the total amount to withdraw) po kung ang ireredeem na funds ay still within the 2-year holding period.

After magrequest ng withdrawal sa page messenger, please check your SRI account kung pumasok ang request as pending.

Please make sure to provide all details asked to avoid delays in the processing of your request. Complete name with middle name, date of birth and PH address (place of birth if member is currently residing abroad) are bank requirements and necessary for us to proceed processing your request.

Kung ang bank account na magrereceive ng funds ay hindi nakapangalan sa iyo at irereceive ng isang representative, click Other Bank Account. You will be required to upload an authorization letter and soft copies of both your and your representative’s ID. Please provide also your representative’s complete name (middle name included), date of birth and PH address. Required po ito para ma enroll sa online banking ng SEDPI ang iyong receiving bank account.

Processing of request is 14 business days.

To avoid delays, please ensure that all fields for personal and bank details are all filled out and are correct. A confirmation email will be sent to you after the withdrawal request, please check it thoroughly.

If there is a need for correction, login immediately to your SRI online dashboard, go to pending tab and delete your invalid withdrawal request. You will need to resubmit your withdrawal request on the Vince Rapisura page messenger with the corrections.

A service fee of PhP100 shall apply when the member requests for a change of bank details and information AFTER the request has been processed, and if the transaction was reversed to us due to incorrect information provided. This will be deducted from the amount to be deposited to your account.

A certificate of deposit is a detailed statement of account and is issued as requested by the member for supporting document purposes.

A PhP300 document fee is applicable per request.

A Statement of Account is a record of all your transactions with SEDPI which includes deposits, joint venture participation, withdrawals, remittances to SSS/Pag-IBIG etc.

To view your investments and transactions, you may login to https://vincerapisura.com/sri/login

To update your password, click forget password on the login page.

A copy of your statement of account can be downloaded from your SRI Online dashboard. Simply click on the printer icon.

Ang dividend payout ay ang kita na matatanggap ng member galing sa SRI joint venture na kanyang sinalihan.

Profit and loss sharing involves sharing of risk and profits between the parties. Shared profit and losses is one of the basic elements constituting a joint venture. SRIs are joint ventures, wherein the investor and SEDPI are the parties with the contractual relationship that share in the specific and identifiable and intangible profits and losses. Sa SRI, may 70/30 percent of profit and share loss between investors and SEDPI, respectively.

Account closure is the intent to delete your SEDPI account.

• SEDPI Coop annual membership fee is PhP100 for SRI balance of < 100,000, and PhP500 for ≥ 100,000.
• Associate members (investors) can avail up to 4 shares at PhP1,000 per share – PhP1,000 (minimum) to PhP4,000 (maximum)

• FREE – if deposits are made through the provided payment channel options
• PhP100 – if deposits are made through channels other than provided

PhP300 per request

• FREE – if withdrawn amount is beyond the 2-year holding period
• 3% of the total withdrawn amount – if the funds are still within the 2-year holding period

• FREE – if invalid withdrawal request is deleted and corected immediately before processing
• PhP100 – if the correction was made AFTER it was processed and the funds were reversed and needs to redeposit

SEDPI is a registered collections agent ng SSS. We can assist to remit your monthly contributions to SSS.

Unfortunately, no. SSS accepts registration and request to update member’s data profile through their branch offices and online, and can only be requested by the member or account holder.

Check the link below to know how to register online: https://bit.ly/registerSSSonline 

To remit your SSS contributions through SEDPI, type REGISTER SSS on the Vince Rapisura page messenger https://bit.ly/VinceRapisuraFB. This will help us check if you are an existing member.

To check the available payment channels, type PAYMENT OPTIONS.

After sending your contribution, go back to https://bit.ly/VinceRapisuraFB and type INFORM DEPOSIT. Select SSS/PAGIBIG in the options and follow the provided instructions carefully.

SEDPI partnered with PAGIBIG as their registered collecting agent. We can help you process your P1 and MP2 applications and contributions for FREE.

Yes. We can assist you in processing your P1 and MP2 applications.

Here’s how you can apply and remit your Pag-IBIG contributions through SEDPI:

• Go to the https://bit.ly/VinceRapisuraFB and type REGISTER PAGIBIG.
• Follow the instructions and complete the online form.

The details collected will be used to verify if you have an existing PAGIBIG account to avoid multiple account for P1. You also have the option to apply for a new or additional MP2 account.

Processing of applications may take up to 14 business days.

To remit your P1/MP2 contributions through SEDPI, type REGISTER PAGIBIG on the Vince Rapisura page messenger (https://bit.ly/VinceRapisuraFB). This will be done only once, not every transaction.

This will help us check if you are an existing P1 member. You also have the option to apply for a new or additional MP2 account.

To check the available payment channels, type PAYMENT OPTIONS. Once you have sent your contribution, go back to https://bit.ly/VinceRapisuraFB and type INFORM DEPOSIT. Select SSS/PAGIBIG in the options. Follow the provided instructions carefully.

Yes.

To check receipt of your deposit, login to your SRI Online account and see pending tab. Validation period is up to 14 business days.

To check remittance of your P1 and MP2 contributions, login to your Virtual Pag-IBIG account: https://bit.ly/VirtualPAGIBIGLogin

To create your Virtual Pag-IBIG account: https://bit.ly/CreateVirtualPAGIBIG