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
Economic Inclusion: Promote economic participation of small enterprises and marginalized communities.
Sustainability: Encourage sustainable business practices and environmentally friendly operations.
Scalability: Provide the tools and resources needed to scale operations and reach wider markets.
Capacity Building: Enhance the skills and knowledge of enterprise owners and employees.
Key Components of BarKada
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.
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.
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.