PEF is a non-stock, non-profit organization that provides financial support to projects that respond to the problems of poverty and marginalization. The Foundation envisions empowered communities that: have basic needs of life; are engaged in sociocultural and economic activities; and participate meaningfully in local governance. PEF addresses the needs of the urban and rural poor by providing civil society organizations that help them with development financing and technical assistance, and promoting appropriate technology and networking with all relevant stakeholders.
Through PEF’s support, SEDPI implemented a Training and Mentoring Assistance to four organizations in Southern Luzon. Also, a subsector research to identify the appropriate interventions needed to support coastal-based microenterprise was also implemented through SEDPI in Iloilo, Bohol, and Eastern Samar. SEDPI social entrepreneurs were instrumental in crafting project proposals to CORDAID and UNDP. PEF eventually won the bids and ended up with USD1 million from CORDAID to fund microfinance institutions in Mindanao and PhP20 million from the United Nations Development Programme to fund communities that adopt renewable energy. PEF also commissioned the services of SEDPI to conduct impact assessment to clients of three microfinance institutions that they have supported all over the Philippines.