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Education Sector Support for Knowledge, Wisdom and Empowerment through Lending Assistance (ESKWELA) Program

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

    • 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

    • 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
    • On-lending to Students through Borrower-School
      Loan Term: Up to 8 years
      Grace Period: Up to 4 years

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.

Download Brochure

For more program information, please contact:

Program Development and Management I Department
Tel. Nos.: (02) 8818-9511 local 2316

For loan application, you may contact the lending units near you:

Metro Manila Lending Groups
Corporate Banking Group

Ma. Lourdes B. Gumba
Head, Corporate Banking Group
Tel. Nos.: (02) 8812-6536

Lea Vanessa C. Delos Reyes
Head, Corporate Banking I Department
Tel. Nos.: (02) 8893-8940

Raquel C. Atienza
Head, Corporate Banking II Department
Tel. Nos.: (02) 8813-2730

Suzanne S. Aquino
Head, Financial Institutions Department
Tel. Nos.: (02) 8815-1528

Gerard Boz C. Tungol
Head, Public Sector Department
Tel. Nos.: (02) 8815-1520

Jeanne D. Adamos
SME Retail and Mid-Market Lending Group
Tel. Nos.: (02) 8893-1177

Arturo S. Pedregosa
Head, Middle Market I Department
Tel. Nos.: (02) 8893-1177

Christian Joseph Presa
Head, Middle Market II Department
Tel. Nos.: (02) 8840-5566

Myra G. Almogino-Calara
Head, SME-NCR Department
Tel. Nos.: (02) 8812-9932

Provincial Lending Groups

Kindly proceed to this link.