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    Foundation for aSustainable Society

    On Resource Mobilizationand Partnership Building forSocial Entrepreneurship

    A presentation by Jerome Ignacio, Assistant Director forDevelopment Services of the Foundation for a SustainableSociety, Inc., for the ASoG-ISEA Seminar for Mayors and

    LGU Officials Social Entrepreneurship for SustainableLocal Economic Development, held on December 9, 2011.

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    Meet FSSI.

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    Our Roots

    Philippines Debt

    to the Swiss

    Government

    50% Payment

    Cancelled

    50% CounterpartFund

    FSSI

    EndowmentFacility

    Product of a debt relief program

    Development requires debt relief

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    Our Members

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    Key Challenges

    poverty , being highest in rural areas unemployment inadequate government action to promote development economic activities is spurred mainly from the outside

    foreign investments imported commodities

    overseas work

    poverty and inequality environmental degradation climate change

    inability to regulate against overuse of natural resources

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    Vision

    FSSI envisions just,

    sustainable and empoweredcommunities, recognizingdiversity of cultures,respecting integrity of

    creation and realizing thefullness of life.

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    Mission

    FSSI is a sustainable resource institution committed tosocial investments that facilitate the entry and participationof poor Filipino communities for the development of just,

    local economies.

    FSSI shall:

    Provide financial services to enterprises that deliver

    triple bottomline returns

    Support enhancement for entrepreneurial capacities

    Engage policy makers and facilitate the participationof poor communities in policy development andimplementation

    Act as facilitator, partner, advocate and implementerwhere appropriate

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    Our Presence

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    Our Experience

    From 2004-2010, FSSI has extended P380 million of socialinvestments in the form of loans and grants to 70 operating and start

    up social enterprises in the coco coir, microfinance, agribusiness,handicrafts and other sectors.

    Since 2004, some 130,000 poor individuals have benefitted asworkers, suppliers and microenterprise owners. 81% of them arewomen.

    A self-sustaining social investing organization ensuring threebottomlines: ecological soundess, social equity and economic viability

    Have established partnerships with NGOs, government, MFIs,

    cooperatives, and communities of practice.

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    Our Bottomlines

    Convergence or focusareas where sustainablelocal economy developmenthappens.

    Sustainablecommunities = confluence& interaction of people (&their culture), economicproduce, and ecology

    Economic

    Viability

    Social equity

    Small farmers

    Fishers

    IPs

    Women

    Agricultural workers

    Environment

    Production areas

    Water resources

    Air and soil

    Coastal resources

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    Heres how we

    contribute to change.

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    3BL in Local Economic

    Development

    Triple Bottom-line in Local Economic Development, or

    3BL-LED, serves as a conceptual framework thatguides FSSIs program for the period 2011-2016.

    An approach that does not focus on economic growthbut also on other important development aspects thatneed to be addressed to reduce poverty such as social

    equity and ecological soundness. With little resources,3BL-LED is an approach decisionmakers mustconsider.

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    Whats in it for you?

    Creation of more livelihood opportunities for the poor and/ordisadvantaged (women, disabled, elderly, IPs etc)

    Improved dignity, economic condition and self-worth of the poor as

    owners or decision makers in social enterprises

    Sustainable use of natural resources for economic activities

    Enhanced cooperation and involvement among community members

    including government, business, cooperatives, consumers, civil societyorganizations among others

    Rejuvenation of local pride and identity

    Innovation using local resources and talents

    Community-centred development

    Improved resilience of communities against failures of the globalmarkets and effects of climate change.

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    Market System

    Businesses Households

    Resource Market

    Product Market

    CommunitiesSocially-preparedLED- and Social EnterprisereadyLGU-supported

    Source: http://www.zeromillion.com/econ/how-the-market-system-works.html

    http://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.htmlhttp://www.zeromillion.com/econ/how-the-market-system-works.html
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    Ecosystem-

    based

    Resource Market

    Empowered

    Social SectorsSocial

    Enterprises

    Product Market

    Labor & entrepreneurial

    abilityLand, labor, capital, &

    entrepreneurial ability

    Goods & services

    Income & wagesCosts

    Consumption

    expendituresRevenue

    Goods & services

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    Focus Area Approach

    The current program adopts the focus area

    approach in supporting, developing and

    implementing 3BL-LED initiatives.

    Development intervention is organized

    according to a defined geographical location

    which should offer physical viability for

    integrating the 3BL features summed up asthe interaction of local value chain

    development, participation of target social

    sectors, and protection of eco-system.

    Preparation

    Area PlanningImplementation

    M&E

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    Sustaining community

    efforts through advocacy

    promoting social entrepreneurship

    climate change adaptation and mitigation

    sustainable natural resource management and production

    alternative/renewable energy

    developing supporting policies and practices for the valuechain development of specific industries or sectors

    addressing gender concerns in enterprise and value chaindevelopment

    promoting patronageof products and services of socialenterprises or ethical consumption

    We partner with stakeholders at the local and national levels on the followingadvocacy agenda:

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    Our goal by 2016: contribute to the sustainability oflocal economies and ecosystems in focus and priority

    areas in the Philippines by:

    1. Supporting the establishment and strengthening ofsocial enterprises (project development, businessdevelopment support and portfolio management)

    2. Facilitating participation of communities in thedevelopment and growth of social enterprises(social marketing, consumer education, andcommunity education and training activities)

    3. Contributing to the creation of a conducive

    environment for social enterprises (research,advocacy and education that would lead to policyreforms or a change in practices leading to abetter ecosystem and vibrant local economies)

    We invest. We facilitate. We partner. We

    advocate. We implement with you.

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    Thank you foryour attention!For comments: [email protected]

    For more info: www.fssi.com.ph