BARangay KAbuhayan DAmayan (BarKaDa)

The "BARangay KAbuhayan DAmayan (BarKaDa) is designed to support and enhance the capabilities of small social enterprises by integrating them into larger value chains. Here’s a breakdown of how (BarKada) can help small social enterprises:

Objectives of BarKada

  1. Economic Inclusion: Promote economic participation of small enterprises and marginalized communities.

  2. Sustainability: Encourage sustainable business practices and environmentally friendly operations.

  3. Scalability: Provide the tools and resources needed to scale operations and reach wider markets.

  4. Capacity Building: Enhance the skills and knowledge of enterprise owners and employees.

Key Components of BarKada

  1. Access to Finance

    • Microloans and Grants: Provide financial support to help social enterprises start and grow their businesses.

    • Investment Readiness: Prepare social enterprises for investment by providing training on financial management and business planning.

  2. Market Access

    • Integration into Supply Chains: Help small enterprises become suppliers to larger corporations.

    • Market Linkages: Facilitate connections with potential customers and partners through trade fairs and business networks.

  3. Technical Assistance

    • Business Development Services: Offer mentoring, consultancy, and training in areas such as marketing, operations, and technology.

    • Capacity Building Workshops: Conduct workshops on leadership, strategic planning, and innovation.