Aims: The study assessed the entrepreneurial capabilities of SLP beneficiaries, focusing on those in the Micro-Enterprise Development Track. This program is essential for beneficiaries under the “PantawidPamilyang Pilipino Program” (4Ps) scheme. Study design: A descriptive correlational research design was employed in the study. Participants: There were 217 respondents selected via stratified random sampling. The findings revealed that the majority of respondents were female, aged between 36 to 50 years, married, with a high school education, and belonging to families with 4 to 6 members. Methodology: The study utilized a descriptive research design and quantitative approach to guide the researcher in assessing the entrepreneurial capability of the 4Ps beneficiaries through the Sustainable Livelihood Program – Micro Enterprise Development (SLP-MD) Track in Butuan City. Results: The findings revealed that the majority of respondents were female, aged between 36 to 50 years, married, with a high school education, and belonging to families with 4 to 6 members. These respondents had sufficient access to financial capital (income, employment, savings, and loans) and human capital (education, training, and healthcare), which they actively pursued to enhance their personal and professional capacities. There was a significant relationship between access to financial capital and entrepreneurial capability. Conclusion: The study concluded that SLP Micro-Enterprise Development Track beneficiaries demonstrated high entrepreneurial capabilities in terms of efficiency, effectiveness, and responsiveness, which are essential for entrepreneurial success. Significant differences in these capabilities were observed based on sex, family income, duration in the SLP, and types of business. The greater access to income, employment, savings, and loans correlates with higher success rates in entrepreneurial endeavors.
ASSESSING THE ENTREPRENEURIAL CAPABILITY OF “PANTAWIDPAMILYANG PILIPINO PROGRAM” (4PS) BENEFICIARIES THROUGH THE SUSTAINABLE LIVELIHOOD PROGRAM (SLP) MICROENTERPRISE DEVELOPMENT IN BUTUAN CITY, PHILIPPINES
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Country:
Philippines
Volume & Issue:
Volume 06, Issue 06, June 2024
Page No:
6516-6525
Abstract:
KeyWords:
Entrepreneurial capability, Sustainable Livelihood Program (SLP), Microenterprise Development, Philippines.