Overview

In the Philippines and other developing countries,  most local government units, cooperatives, small businesses, and even non-profit organizations are encountering the problem of lack of access to sources of fund or capital. They generally lack the capability in generating funding for their projects.  Furthermore, they also lack the necessary skills in promoting their products both in the local and international markets. In this regard, the process of generating funds from donations, investments, and borrowings on the one hand, and promoting their products and services, on the other hand, is difficult and costly principally because of smallness in size. The most appropriate solution in addressing these problems is by pooling their resources together or for them to be bonded to increase in scale.  For instance, in securing funding, they will put together their collateral assets to generate the fund, and in the marketing of their products, they must pool together their products and services to gain better access to market and even new technologies.  This approach of pooling together promotes efficiency for their own corporate development that can be translated into development progress.

 Objectives:

• To develop  and implement fund generation program strategies that will assist local government units, small business, cooperatives, and non-profit organizations in the Philippines and other countries  in securing funding from domestic and international sources for their operations
• To develop the domestic and international market for products and services of the target clienteles of the foundation
• To assist in the procurement of equipment, supplies, raw materials,  and technology to be used by  the target clienteles
• To provide efficient services in the delivery of relief and assistance services during calamities in the Philippines
• To provide other services that are in line with the goal of the foundation.

The Team 

Advisers

Simplicio Endaya

Based in Manila, Mr. Endaya has a B.A. degree in Economics from the University of the Philippines Diliman. He is a senior-level marketing, purchasing, and management professional with over 20 years experience developing solutions, building relationships and promoting client interests among diverse audiences in domestic and international markets, particularly the US, the Philippines, and Southeast Asia. Specialty areas include economic and market research, contract negotiation, government relations and business development for government, NGO, and private sector firms. Served the Office of the President of the Philippines as Assistant Secretary for Flagship Projects.

Eduardo Bacolod

Current professional interest has recently shifted to fund generation for international development and humanitarian projects. The principal author of an integrated investment agenda for the Philippines, the Solidaridad 2020 Agenda,  as a model for a structured fund generation that is also for replication initially in East Timor in Southeast Asia,  Nigeria, Ghana, and Sierra Leone in West Africa, Fiji in the South Pacific, and the US.  Has recently developed relationship with fund generation programs based in Europe. Initiated the funding of international investment projects on electric bus assembly and national bus line in the Philippines.  Has prepared investment model for plasma gasification projects in the Philippines, Korea, and China. An advocate of development paradigm shifts towards transforming development projects to be financially sustainable. Commissioned by the Food and Agriculture Organization of the UN as the Team Leader that prepared the Fiji National Agriculture Policy, which has been launched by the Prime Minister of Fiji.

 Educational qualifications include Bachelor of Science in Agricultural Economics from the University of the Philippines Los Banos and Master of Science in Social Development Planning and Management from the Centre for Development Studies of the  University of Wales Swansea in the United Kingdom as a British Chevening Scholar. Attended a training course in Project Management and Programme Administration in the Netherlands.

Executive Team

Orlando Ballesteros is a graduate of the hard knock school in the Philippines and the US.  He has been engaged in trading at an early age in the Philippines. In the US, he has been engaged in real estate business. He is also engaged as localgovernment adviser in his native Bulan, Sorsogon in the Philippines. He initiated the establishment of the foundation.

SERVICES OF THE FOUNDATION

Fund Generation

This package of services includes facilitation in securing investment or loan, participation in trading programs, securing grants and loans from the government and nongovernment sources, establishment of multi-party business ventures, and other fund generation strategies that will be offered by the foundation. The main principle is to pool together the clients towards a common goal of securing capital or grant for their operations and expansion. The foundation’s access to grants, donations, and investment sources will be continuously developed through the sound performance of the clientele.

 Business Planning & Development

 The foundation will support the efforts of the clienteles following a holistic business planning and development approach. The process of setting goals, developing strategies, and outlining tasks and schedules to accomplish these goals is the type of service that will be provided.  Through continuous practical interaction with stakeholders in development, the learning experience gained by the foundation will be used in transferring skills to clients.

Networking and Resource Pooling Services

Within the scope of this service, the intention of the foundation is to build contacts and from these contacts, several combinations of strategies will be developed following the resource pooling approach.

Promoting Cross Country Investment

Funding and trading facilities for Filipino investors in line with establishing business operations in the US must be readily accessible, which the foundation can provide services. On the other hand, to encourage US investors to pursue bases of operation in the Philippines and other countries, matching services must be also provided. This cross-country investment will lead to stimulating innovation. On the other hand, for purposes of promoting business interest from the Philippines and other countries in the US, this approach will also provide an opportunity for foreign investors.

Disaster Assistance

 As a country that is prone to calamities, the approach is preparedness, which implies that calamities are expected to happen. Relief goods must be delivered on time. Sourcing of goods for donations must be done on a sustainable basis. The foundation will develop an operating system of disaster relief that is transparent.

 Other Services

Other services that the foundation will offer include legal, training, and other logistics services for development works. Other services to be provided will include the establishment of farms in the US that will be managed by farmers from the Philippines and other countries producing ethnic foods.

LID, Inc. is a development foundation that is designed to be financially sustainable. It gets its funding support for its development works by providing services that is principally focused on pooling resources of clienteles in the Philippines and other countries to gain access to sources of capital and investment, better markets for their products and services, and investment opportunities in the US. The diversified services of the foundation provide strength to maintaining its financial sustainability as shown in the projected