Do you want a job in development and explore the Philippines? Are you interested in development work in microfinance, social entrepreneurship, and financial education?
SEDPI is currently looking for a Project-based Program Officer.
SEDPI is the premiere capacity building institution providing training, research and consulting services in the areas of microfinance, social entrepreneurship and financial literacy in the Philippines. It is composed of young and dynamic social entrepreneurs from prestigious universities.
Established in 2004, SEDPI worked in 27 countries worldwide reaching approximately 3,000 development organizations. It is a partner of the Ateneo de Manila University for Microfinance Capacity Building. SEDPI is one of the finalists of the Ernst and Young Entrepreneur of the Year Award in 2012 and received Special Recognition from PriceWaterhouseCoopers in 2015.
The Project-based Program Officer (PPO) post is open for young individuals looking for a training ground in development work and social entrepreneurship rather than immediate financial gain. Fresh graduates and those with one-year experience are encouraged to apply. Passion for development work and effectiveness in working in a team are given more weight than academic qualification or professional experience. SEDPI is looking for young and flexible individuals who are willing to be trained and are fast learners.
The PPO will conduct various research projects and training courses of SEDPI all over the Philippines on field. The PPO’s main responsibilities include gathering data through field work, writing research reports, providing technical assistance on enterprise development and assisting in the conduct of training courses.
SEDPI offers the opportunity to hold a position with development impact; be exposed to key players in the Philippine development sector; gain exposure in initiatives all over the Philippines and join a successful team of young social entrepreneurs.
For interested individuals, kindly send your resume and application letter toinfo@sedpi.com.
Kindly use the file naming convention described below when sending letter of intent and resume. Applicants who don’t follow will not be shortlisted.
For the Letter of intent: lastname firstname loi ppo
SEDPI Development Finance, Inc.’s (SDFI) net income jumped by 46% from PhP3.44 million in 2014 to PhP5.03 million in 2015. This is the highest net income of SDFI on record. The surge in net income is on the back of modest asset growth of only 9% that is an indicator of a more efficient use of resources.
Revenues generated for the year increased by 5% while expenses declined by 2% for the same year. The increase in revenues and decrease in expenses resulted in a robust growth of the financing company’s bottom line.
There was only a slight increase in revenues due to the low interest rate environment in the Philippines. SDFI used to extend loans at an average of 13% per annum, now it only extends 11% per annum on average. It could hardly compete with commercial banks that extend 5% to 8% per annum to microfinance institutions. Commercial banks mobilize very low interest-bearing deposits from the public while SDFI mobilize investments from OFWs that gives up to 6% return per annum. This is to fulfill SEDPI’s mission to provide better returns to its investors who are mostly domestic workers overseas.
In spite of the slower growth in assets, SEDPI was still able to exceed its target. It targeted total assets of PhP250 million while actual total assets stood at PhP267 million. SEDPI is gearing up to achieve its target to grow to PhP350 million for 2016. The recent approval of a fresh line of credit worth PhP30 million from Union Bank will enable it to achieve this goal. It will also pursue a more active role in mobilizing social investments from Overseas Filipino Workers as well as young professionals in the Philippines.
The growth in equity outpaced growth in liabilities for 2015. Growth in equity was 16% while growth in liabilities was only 7%. This is a good position to be in since capital adequacy is strengthened to 27%. The banking industry standard is only 10% for the capital adequacy ratio. A good capital adequacy ratio means that the company is able to better serve its long term obligations from creditors.
For 2016, SEDPI hopes to further strengthen its financial performance as it tries to empower more Filipinos through its products and services.
Knowledge Management Strategy Manager Donnalyne Sanidad introducing the Climate Change Community of Practice.
In an effort to create more relevant discussions on the issues of climate change, the Climate Change Commission (CCC) launched the Climate Change Community of Practice (ccc-cop.org) last December 18, 2015 at Novotel in Araneta Center, Cubao, Quezon City. The Community of Practice (CoP) serves as a platform in storing and disseminating climate change data to the public. The goals of the website is to make applicable, accurate, and trustworthy research materials and best practices in climate change adaptation and disaster risk management readily available to the public at large.
The website is under the GMMA Ready Project, which aims to increase the capacity of stakeholders for effective disaster risk management and climate change adaptation. The project is implemented by the National Disaster Risk and Reduction Management Council – Office of Civil Defence (NDRRMC-OCD). It is funded by the United Nations Development Programme (UNDP) and the Australian Aid Program (AusAID). The partners who are responsible for the project are the Climate Change Commission (CCC), Metro Manila Development Authority (MMDA), Housing and Land Use Regulatory Board (HLURB), and the Collective Strengthening of Community Awareness on Natural Disasters (CSCAND). CSCAND is comprised of the Mines and Geosciences Bureau (MGB), National Mapping and Resource Information Authority (NAMRIA), Office of Civil Defence (OCD), Philippine Atmospheric, Geosciences, and Astronomical Services Administration (PAGASA), and the Philippine Institute of Volcanology and Seismology (PHIVOLCS).
The contents of the CoP website were accomplished with the assistance of Social Enterprise Development Partnerships, Inc (SEDPI). With the assistance of SEDPI, CCC will be marketing the website to the Local Government Units, specifically those located in the Greater Metro Manila Area (GMMA). This strategy hopes to create ease of access for the general public to resources that will improve local and national climate resiliency.
As a portal of information, the CoP provides credible, reliable, and science-based information from government sectors and subject-matter experts. The website also promotes sharing of information from public and private sectors. Visitors of the site can get reliable information, readily available at their fingertips.
Website Features
During the website launch, Knowledge Management Communication Specialist Donna Sanidad showcased the many different features of the site.
The CoP hopes to make preventive information readily available and digestible, so that it can be disseminated even before disasters happen. Local government units can then be empowered to take action, since they will have access to reliable information that they can use to make plans and educational materials.
Disaster Risk Reduction Management Portal
The website contains multiple pages on disaster preparedness, response, and recovery with disasters such as tropical cyclone, storm surges, floods, el niño, landslide, volcanic eruptions, tsunami, and earthquakes. The public can access resources which they find relevant in their localities and apply protocols that they find relevant in their areas.
Knowledge Sharing
One unique feature of the KM-CoP website is an interactive section through which knowledge and information, skills, or expertise in the fields of disaster risk reduction management and climate change adaptation is exchanged among communities.
You can apply as a contributor and impart your knowledge and share your expertise while learning from other experts. Help communities grow by answering questions from the public
Resources for Local Government Units
Another benefit of the CoP is access to information on climate change adaptation and mitigation strategies for local development planning. One will be able to find case studies and relevant publication on climate change adaptation and mitigation strategy implementations at local levels. Read on the tools on monitoring and evaluation of climate change adaptation and mitigation strategy for LGUs.
Membership in the Communities
Being part of the communities will give you access to resources from various national and local agencies in the fields of Human Security, Food Security, Ecological and Environmental Stability, Sustainable Energy, Knowledge and Capacity Development, Water Sufficiency, Climate-smart industries and services, Monitoring and Evaluation, Gender Mainstreaming, and Financing.
SEDPI Development Finance, Inc. (SDFI) posted an impressive 24% growth in its total assets in 2014. This is twice the growth of the banking industry that grew by 12% in the same period.
Increase in loan portfolio drove SDFI’s growth that grew from PhP160 million to PhP211 million posting a growth rate of 32%. Ninety percent of the portfolio is invested to microfinance institutions and the remaining 10% is invested to social enterprises that are into organic farming, renewable energy and alternative tourism. The portfolio growth is higher than the banking industry’s growth in their loan portfolio that grew 20% in the same period.
SDFI posted 1.4% and 5.4% return on assets and return on equity profitability ratios. The banking industry’s return on assets figure for 2014 is 1.3% while return on equity is 10.8%. SDFI is able to mimic efficiency in utilization of assets of the banking sector. In contrast, its return on equity or profits stockholders could derive is only half of the banking sector’s performance. The lower return on equity is a deliberate attempt to subdue returns to stockholders to remain true to SDFI’s social enterprise philosophy of redistribution of wealth.
(Note: Philippine banking sector figures are based on the Bangko Sentral ng Pilipinas’ report entitled “Status Report on the Philippine Banking System.” You can download the document here.)
SEDPI Development Finance, Inc. (SDFI), the financing arm of SEDPI Group of Social Enterprises, received special recognition from the First Development Social Enterprise Awards (DSEA) held on March 4, 2015 at the Kalayaan Hall, Club Filipino in the City of San Juan. DSEA aims to recognize organizations that are committed to a social objective and are multipliers of social progress through their enterprises.
PricewaterhousCoopers (PwC) Philippines or Isla Lipana & Co. (ILC) and Benita and Catalino Yap Foundation, Inc. (BCYF) team up to support social enterprises through the DSEA. PwC/ILC and BYCF seek to recognize organizations with a culture centered on human value, and that exists to create societal impact alongside an ethical and viable business model. These social enterprises include organizations that have not only demonstrated consistent success, but have shown a commitment to scale up.
There were 27 nominated organizations for the awards. Two SEDPI partners were also nominated for the awards – Solar Solutions, Inc. (SSI) and Good Food Community, Inc. (GFC). GFC was hailed as one of the five finalists for the award. SEDPI actively participated in the incubation of SSI and GFC.
Senator Paolo Benigno “Bam” Aquino IV led the panel of judges for the selection of the awardees. He also delivered the keynote address during the awards night.
PwC is a multinational professional services network. It is the world’s second largest professional services network, as measured by 2014 revenues, and is one of the big four auditors, along with Deloitte, Ernst and Young and KPMG. ILC is the local partner of PwC in the Philippines.
The LSE Program has helped transform the lives of Overseas Filipinos. Many of our graduates have overcome the burden of debt, saved enough emergency savings and availed of adequate insurance coverage. Aside from these, the participants were also taught how to practice leadership and come up with a social enterprise plan.
The program is implemented under the Ateneo School of Government in partnership with Philippine consulates and embassies abroad, civil society organizations and SEDPI.
The LSE Program has helped transform the lives of Overseas Filipinos. Many of our graduates have overcome the burden of debt, saved enough emergency savings and availed of adequate insurance coverage. Aside from these, the participants were also taught how to practice leadership and come up with a social enterprise plan.
The program is implemented under the Ateneo School of Government in partnership with Philippine consulates and embassies abroad, civil society organizations and SEDPI.
The LSE Program has helped transform the lives of Overseas Filipinos. Many of our graduates have overcome the burden of debt, saved enough emergency savings and availed of adequate insurance coverage. Aside from these, the participants were also taught how to practice leadership and come up with a social enterprise plan.
The program is implemented under the Ateneo School of Government in partnership with Philippine consulates and embassies abroad, civil society organizations and SEDPI.
The LSE Program has helped transform the lives of Overseas Filipinos. Many of our graduates have overcome the burden of debt, saved enough emergency savings and availed of adequate insurance coverage. Aside from these, the participants were also taught how to practice leadership and come up with a social enterprise plan.
The program is implemented under the Ateneo School of Government in partnership with Philippine consulates and embassies abroad, civil society organizations and SEDPI.
