The Poverty Eradication and Alleviation Certificates (PEACe) Bonds successfully raised an endowment fund of 1.4 Billion Pesos in 2001. This fund is being used up to now by the Peace and Equity Foundation (PEF) for poverty reduction projects of non-government organizations (NGOs) and people's organizations (POs). From the income of the fund, PEF has been able to provide around 1 Billion Pesos since 2001 to support various anti-poverty projects while preserving its endowment fund. Know more about PEF