The DBP Education Sector Support for Knowledge, Wisdom and Empowerment through Lending Assistance (DBP ESKWELA) is a lending program for schools covering Basic Education, Higher Education, Technical Vocational Education, and Alternative Learning Systems (ALS).
The ESKWELA Program aligns with DBP’s strategic thrust of contributing to the improvement of Filipino lives by supporting and promoting the availability and accessibility of quality education.
Program Objectives
DBP ESKWELA aims to contribute to the National Government’s targets on education by providing credit assistance to the education sector
Eligible Borrowers
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- Local Government Units (LGUs)
- Private and public Educational Institutions (EIs)
- Accredited training centers
- Other institutions (i.e. foundations) that support educational programs
Eligible Loan Purposes
- Land Acquisition
- Lot purchase to serve as school site or to expand school facilities (available to LGUs only)For LGUs & Public/Private Educational Institutions
- Infrastructure
- Construction, repair or renovation of school facilities (e.g. classrooms, libraries, laboratories, restrooms, and recreational areas)
- Furniture and Equipment
- Purchase of school furniture (e.g. armchairs, desks and bookshelves) and equipment (e.g. ICT and audio-visual equipment, science laboratory equipment, generator sets, and school shuttle service)
- Supplies and Materials
- Purchase of school supplies and materials (e.g. school bags, writing pads, notebooks, and textbooks) intended for use of students or for reselling to students
- Receivables Financing of Government Subsidies
- Advancing or bridge financing of government subsidies on educational programs such as the Senior High School Voucher Program (SHS VP)
- On-lending to Students through Borrower-School
- Relending to students to cover cost of education, educational expenses, cost of living allowance, and other school fees
Loan Term
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- Capital Expenditure
Loan Term: Up to 15 Years
Grace Period: Up to 2 Years - Working Capital
- Permanent
Loan Term: Up to 3 Years
Grace Period: Up to 1 Year - Short-Term
Loan Term: Up to 360 days
Grace Period: None
- Permanent
- On-lending to Students through Borrower-School
Loan Term: Up to 8 years
Grace Period: Up to 4 years
- Capital Expenditure
Interest Rate
Based on DBP’s applicable benchmark rates and credit spread
Basic Documentary Requirements
- Application letter indicating amount and loan purpose
- Company profile
- Audited financial statements (3 years)
- Business plan
- Certificate/s of Registration and regulatory permits
Note: Additional requirements may be required based on the nature of the project.
For loan application, you may contact the lending units near you:
Metro Manila Lending Groups
Corporate Banking Group
Tel. Nos.: (02) 8812-6536
E-mail: cbg@dbp.ph
Corporate Banking I Department
Tel. Nos.: (02) 8893-8940
E-mail: cbd1@dbp.ph
Corporate Banking II Department
Tel. Nos.: (02) 8892-8369
E-mail: cbd2@dbp.ph
Financial Institutions Department
Tel. Nos.: (02) 8818-9511 loc. 3317
E-mail: fid@dbp.ph
Public Sector Department
Tel. Nos.: (02) 8815-0908
E-mail: psd@dbp.ph
SME Retail and Mid-Market Lending Group
Tel. Nos.: (02) 8893-1177
E-mail: smermmlg@dbp.ph
Middle Market I Department
Tel. Nos.: (02) 8818-9511 loc. 3322
E-mail: mmd1@dbp.ph
Middle Market Il Department
Tel. Nos.: (02) 8818-9511 loc. 3313
E-mail: mmd2@dbp.ph
SME (NCR) Department
Tel. Nos.: (02) 8812-9932
E-mail: smed@dbp.ph
Provincial Lending Groups
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