BASIC FACTS ABOUT ALAY LAKAD

What is ALAY LAKAD, INC.?

        Alay Lakad, Inc. is an organization intended to alleviate the plight of the needy and disadvantaged Filipino youth.

What is ALAY LAKAD?

         ALAY LAKAD is a yearly walk conducted nationwide participated by civic-minded citizens in every city or municipality. The activity calls for two kinds of participation; a hiker who walks along prescribed routes and/or as a sponsor who provides financial support to fund socio-economic projects for Alay Lakad principal beneficiaries, the OUT OF SCHOOL YOUTH (OSY).

Who are the beneficiaries?

         The beneficiaries of the Alay Lakad funds are the economically needy OUT OF SCHOOL YOUTH, single and within the age range of 17 – 24 years.

What are its main objectives?

          The main objectives of Alay Lakad is to make monetary contributions and donations available to finance socio-economic projects which will make possible for the OSY’s to:

-         undertake projects for their personal development and well-being of their families and communities

-         to enhance basic knowledge and skills in initiating and managing income generating projects;

-         to support his personal needs and eventually return to school;

-         to become responsible and productive citizen and improve their quality of life;

-         provide their adequate education

FINANCIAL ASSISTANCE

1. INCOME GENERATING PROJECTS

         Mode of assistance: loan; free interest rate; to be paid within one year in equal monthly installments

          Amount provided per beneficiary:
              Minimum          :               P 1,000.00
              Maximum         :  Initial:   P 2,000.00
              Second:                            P 4,000.00
              Third:                                P 6,000.00

2. PRACTICAL SKILLS DEVELOPMENT TRAINING

            Mode of Assistance: grant; 50% from total amount of grant is paid back To Alay                                                           Lakad Council; amount may be taken from proceeds or  sales of products

         Training is completed within 1 month to 3 months

         Amount to be provided per training
             Minimum          :               P 5,000.00
             Maximum         : Initial:    P 10,000.00
             Second:                            P 20,000.00
             P 500.00 per trainee inclusive on cost of materials
                   and  Administrative expenses

3. SCHOLARSHIP PROGRAMS

        Mode of Assistance: grant

a) Vocational/ Technical Courses
Amount per beneficiary:
  First year:     1^st semester:     P 1,000.00
                       2^nd Semester     P 1,500.00
 Second year: 1^st semester:     P2,000.00
                       2^nd semester:     P2,500.00

b) Academic Courses (Junior and Senior Collegiate Scholars)
     Amount per beneficiary:
       Third year:        1^st semester:     P 1,000.00

       Fourth year:      1^st semester      P 2,000.00
                                2^nd semester     P 2,500.00

4. LEADERSHIP TRAINING, CULTURE, ARTS AND SPORTS

Mode of Assistance: Grant
   Amount:  a) Minimum:     P 100.00 per trainee
                  b) Maximum:    P 250.00 per trainee