In 1995, the Archdiocese of Jaro was among the 13 dioceses to implement the Food Transition Strategy (FTS) Phase II. The major program components included financial assistance, capability building for the diocesan staff beneficiaries and technical assistance while at the same time continuing the education component of the previous program. It was during this time that the name was changed to Jaro Archdiocesan Small Enterprise Assistance Program (JARSEAP).
In 1997, JARSEAP shifted to Grameen lending methodology. Three years later, the institution changed its name to St. Elizabeth Community Development Program (SECDEP). SECDEP currently offers 2 financial products: regular loan for the business and special loan that covers housing, educational, agricultural and emergency. The savings component includes the 5% retained savings for every loan release for regular loans and a 20.00 weekly savings. The typical clients of SECDEP are poor households in urban and rural areas in the province of Iloilo and Antique. Majority of SECDEP’s clients are women.
Contact Details
Ms. Luzviminda B. Coronado, Executive Director
Address:
Door 3, 402 Arguelles Building
E. Lopez St., Jaro, Iloilo City
Phone:
(033) 320 6700
Website:
www.secdep.org