Jane is a sales agent for a health drink company and she’s earning PHP 4,000.00 (USD 91) per month. She gets PHP 5,000.00 (USD 113) monthly financial support from the father of her children, but this is not even enough for her children’s needs. Jane would like to earn more for herself and for her family. Now that she has passed BagoSphere’s selection process, she needs your help to finance her tuition. So she can help her father, provide basic needs for her family, and send her children to school.
More information about this loan
This loan offers flexible terms to meet the needs of BagoSphere's students. After students complete training, they are afforded up to a 6-month grace period to secure employment. Students who are able to find call center jobs then repay their loans over the course of 8 months. However, if a student must find alternative employment, BagoSphere will extend the loan term for up to 18 months. By funding this loan you are providing students with the opportunity to receive training, and giving them the flexibility to start employment before beginning loan repayment.
About BagoSphereBagoSphere is a for-profit social enterprise that provides vocational training in the Philippines to help rural youth prepare for call center jobs. These jobs enable young people to earn far more than they could through unskilled labor, and enable them to save for professional and personal development goals.
Bagosphere uses Kiva capital to extend its “study now pay later” tuition loans program, with 0% interest for students admitted to their program that demonstrate financial need.
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