The Federation of Peoples' Sustainable Development Cooperative (FPSDC) is a unique organization that brought together NGOs, POs and Cooperatives into one institution to become a sustainable financial mechanism for the disadvantaged communities.
From a mere program called Central Loan Fund (CLF), under the Philippine Development Assistance Program (PDAP), it has metamorphosed to a network of PDAP's affiliate organizations that decided to solidify their partnership to be a vehicle of drawing the marginalized sectors into the mainstream of development processes.
Thus, FPSDC was registered in March 1998 acquiring a juridical personality as a secondary type of cooperative.
FPSDC takes the role of an innovation leader in financial and non-financial services to the marginalized sectors. It has pioneered the forging of partnerships that transcends beyond mere borrower -creditor relationship, partnership that transcends program period, structural formation and geographical location. And in this sense credit is not just treated as a financial transaction but a social one.