FAQs

Sir Vince Rapisura established SEDPI Group of Social Enterprises in 2004. It provides opportunities for social investments through joint ventures. Joint venture savings (JVS) ang tawag dito. Tinawag din itong Socially responsible investment (SRI) dati.

JVS is also known as impact investing where investments are made to companies, organizations and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return. The proceeds are used to invest in a well-selected portfolio of debt and equity securities through joint ventures; mostly to microfinance institutions and social enterprises operating in the Philippines, as well as small scale real estate projects. This is designed to accommodate small social investors seeking capital appreciation and positive social impact.

SEDPI SRI is for investors who would like to build and preserve their savings and want a positive social impact.

SEDPI SRI features:

• Higher Returns – compared to time deposit of commercial banks and government treasury bills
• Invested in Strong Institutions in the Philippines – mainly in microfinance institutions and social enterprises
• Professionally Managed – extensive appraisal and reports
• Profit and loss sharing scheme – joint venture that shares in the risks and profits of project investments

Sir Vince Rapisura established SEDPI Group of Social Enterprises in 2004. It provides opportunities for social investments through joint ventures. Joint venture savings (JVS) ang tawag dito. Tinawag din itong Socially responsible investment (SRI) dati.

JVS is also known as impact investing where investments are made to companies, organizations and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return. The proceeds are used to invest in a well-selected portfolio of debt and equity securities through joint ventures; mostly to microfinance institutions and social enterprises operating in the Philippines, as well as small scale real estate projects. This is designed to accommodate small social investors seeking capital appreciation and positive social impact.

There are 6 types of joint venture savings (JVS) in SEDPI. Refer to the tab “types of sedpi jvs” to see the usual terms and conditions per type. There might be a variation for the actual JVS. Please review each JVS option for complete terms and conditions.

Profit and loss sharing involves sharing of risk and profits between the parties. Shared profit and losses is one of the basic elements constituting a joint venture. JVS are joint ventures, wherein the investor and SEDPI are the parties with the contractual relationship that share in the specific and identifiable and intangible profits and losses.

The purpose of SEDPI Joint Venture Savings (JVS) is to provide members with a unique savings solution that allows them to reach their long-term financial goals while also making a positive impact on society through social investment. SEDPI JVS offers a way for savers to grow their wealth over time while also contributing to the development of communities and addressing important social issues. By combining the dual benefits of financial growth and social impact, SEDPI JVS is designed to appeal to individuals who are looking for a meaningful and fulfilling way to save for their future.

SEDPI JVS requires an opening deposit of PhP 10,000 and additional deposits can be made in multiples of PhP 10,000. This savings product operates on a first come, first served basis due to the limited funding needs of the projects it supports. Once a project has reached its funding goal, it will be closed to new deposits. However, if a member decides to withdraw their deposit, the project may be reopened for additional deposits.

Unlike conventional savings products that earn interest, SEDPI JVS operates on a profit sharing basis, allowing savers to share in the profits generated by the social investment projects they support. The earnings on the deposits can be calculated based on either the diminishing balance or average daily balance method. As a tax-free savings solution, SEDPI JVS allows members to keep more of their hard-earned money through higher net earnings compared to other traditional financial products that are taxed. It must be emphasized that this product is not guaranteed.

The withdrawal processing time is 14 days, as SEDPI Coop is not a bank and is continuously improving its system. This allows time for the validation of member identity and bank deposit processing, as well as finding a replacement for the withdrawn funds, which incurs additional costs. As such, SEDPI Coop imposes a 3% exit fee if a member decides to withdraw their deposit before the 2-year holding period. This 2-year holding period is in place to manage the liquidity of the coop and to align with its mission of promoting long-term savings and social investment.

Another unique feature of SEDPI JVS is its regular payout periods, which could be monthly, quarterly or annual. The payouts are deposited directly into the SEDPI Pitaka, which serves as a repository account for the principal payments, profit share and reserve or excess deposits of members. The outstanding balance in the SEDPI Pitaka does not earn interest, so members are encouraged to reinvest their payouts in other socially responsible investments (SRIs) to continue earning and making a positive impact on society.

The withdrawal procedures for SEDPI Joint Venture Savings (JVS) ensure the security and accuracy of transactions. It is important that the information sent through the online withdrawal request matches the records on file with SEDPI Coop. Additionally, each socially responsible investment (SRI) account would need a separate withdrawal transaction request, as these are separate accounts. For withdrawals to an individual’s own bank account, the bank account name must match the name used in the SRI Online account and in the member’s government-issued ID. For withdrawals to a different bank account, the bank details and government ID of an authorized representative are required, along with an authorization letter. Bank remittance fees will be charged to the member’s account.

Invest in your future while making a positive impact on society with SEDPI Joint Venture Savings. Join now, be a KaSosyo member, and be part of a community committed to promoting long-term savings and socially responsible investments.

Register as a SEDPI Coop member. Attend a quick self-paced online pre-membership education seminar.  Click this.
Check out various socially responsible investments available. Click this.
Already a SEDPI KaSosyo member, top up your joint venture savings now! Click this.

SEDPI My Wallet and SEDPI Coop Pitaka Savings are the same. Dito magrereflect ang contribution at capital payout na marereceive from the JVS. You can deposit and park your funds in the wallet while waiting for other JVS to open for ease of reinvestment.

Funds placed in the SEDPI My Wallet/ SEDPI Coop Pitaka Savings do not earn dividends. Para kumita, kailangan itong ireinvest sa active JVS.

Bago magreinvest icheck kung ang balanse ng wallet ay pasok sa minimum savings amount. Makikita ang minimum amount sa artcard na nasa dashboard ng https://sedpikasosyo.bijliftt.com/Enrollment/UserLogin

Para makapag reinvest, sundin ang mga instructions sa baba:

1. On the Menu, select “Re-Investments”
2. On the Reinvestment page, click “Reinvest”
3. Enter date, amount for reinvestment, and chosen JVS or JB. Amount should be less than or equal to amount in My Wallet.
4. Enter remarks, if necessary.
5. Click “Save”. A notification confirms your submission.
6. View List of Reinvestments to check status of Reinvestment.

You must have sufficient balance in your SEDPI wallet to be able to do this. If you do not, you have to make a deposit to SEDPI. Click here for payment options.

Follow the following steps:

1. Withdraw from My Wallet to SSS
1.1. On the Menu, select “Withdraw”
1.2. On the Withdrawal page, click “Add New”
1.3. Enter date, amount for withdrawal, and source of amount to be withdrawn (MyWallet MYW).
1.4. Choose where to transfer fund: SSS
1.5. Enter SSS details: account name, SSS account number, months covered
1.6. Click “Save”. A notification confirms your submission.
1.7. View List of Withdrawals to check status of Withdrawal
2. Withdraw from My Wallet to Pag-IBIG Regular Savings (P1)
2.1. On the Menu, select “Withdraw”
2.2. On the Withdrawal page, click “Add New”
2.3. Enter date, amount for withdrawal, and source of amount to be withdrawn (MyWallet MYW).
2.4. Choose where to transfer fund: P1
2.5. Enter Pag-IBIG details: account name, MID number
2.6. Click “Save”. A notification confirms your submission.
2.7. View List of Withdrawals to check status of Withdrawal.
3. Withdraw from My Wallet to Modified Pag-IBIG 2 (MP2)
3.1. On the Menu, select “Withdraw”
3.2. On the Withdrawal page, click “Add New”
3.3. Enter date, amount for withdrawal, and source of amount to be withdrawn (MyWallet MYW).
3.4. Choose where to transfer fund: MP2
3.5. Enter Pag-IBIG details: account name, MID number
3.6. Click “Save”. A notification confirms your submission.
3.7. View List of Withdrawals to check status of Withdrawal.