III. Identification and appraisal of income-generating projects
As of 26 September 1994, a total of 32 IGPs categorized into 10 project types has been identified and corresponding project appraisal reports/proposals have been prepared based on the results of the feasibility studies. The IGPs are proposed by 10 women's groups to benefit 288 participants in seven barangays within the project area (Table 1).
Table 2 presents the financing plan for each of the 32 IGPs prepared, indicating the key components (LBP loan and participants' equity contribution) and total project cost. As a whole, the 32 projects require a total investment of P2,511,768.00, of which 70% or P1,754,786.00 will be provided in loan proceeds and P756, 982.00 or 30% as equity contribution of the participants.
By project type, the average percentages of total project cost per key components are as follows:
PROJECT TYPE |
NO. OF PROJECT |
AVE. PERCENTAGE OF TOTAL PROJECT COST | |
LOAN COMPONENT |
EQUITY CONTRIBUTION | ||
a) Fish Trading Retail |
10 |
83.4 |
16.6 |
Wholesale |
1 |
93.7 |
6.3 |
b) Commodity Trading |
9 |
60.1 |
39.9 |
c) Hog Fattening |
3 |
68.0 |
32.0 |
d) Bamboo Trading |
1 |
86.1 |
13.9 |
e) Fish Capture |
2 |
51.3 |
48.7 |
f) Fish Nets |
1 |
17.9 |
82.1 |
g) Canteen Operation |
1 |
68.2 |
51.8 |
h) Dried Fish Trading |
1 |
95.5 |
4.5 |
i) Rolling Store |
1 |
66.5 |
33.5 |
i) Bagoong Trading |
1 |
96.0 |
4.0 |
k) Palay Trading |
1 |
95.0 |
5.0 |
TABLE 1 |
PROJECT TYPES BY PROPONENT |
PROPONENT |
LOCATION |
TOTAL NO. OF PROJECTS |
NO. OF PAX |
PROJECT TYPES |
1. Mona Mothers' Association |
Mona, Alaminos |
3 |
11 |
Fish Trading |
3 |
Commodity Trading | |||
13 |
Hog Fattening | |||
2. Dangley Loving Mothers' Association |
20 |
Fish Trading | ||
Dangley, Agno |
4 |
6 |
Commodity Trading | |
5 |
Bamboo Trading | |||
2 |
Fish Captureng | |||
33 |
||||
3. Masiden Loving Mothers' Association |
Masidem, Bani |
2 |
17 |
Wholesale Fish Trading |
17 |
Retail Fish Trading | |||
34 |
||||
4. San Isidro Women's Action Club |
San Isidro, Binmaley |
2 |
17 |
Fish Trading |
5 |
Commodity Trading | |||
22 |
||||
5. Boracay Women's Ass'n. |
Pao-llio-llio, Burgos |
4 |
19 |
Fish Trading ' |
6 |
Commodity Trading | |||
1 |
Fish Capture | |||
5 |
Fish Nets | |||
31 |
||||
6. Samahan Ng Mga kababaihan sa Bolasi (SAKABO) |
Bolasi, San Fabian |
3 |
11 |
Fish Trading |
2 |
Commodity Trading | |||
19 |
Hog Fattening | |||
32 |
||||
7. Longos Women's Ass'n. |
Longos, Amangonan, |
2 |
19 |
Fish Trading |
San Fabian |
4 |
Commodity Trading | ||
23 |
||||
8. Rang-ay Women's Ass'n. |
Mabilao, San Fabian |
4 |
7 |
Fish Trading |
6 |
Commodity Trading | |||
2 |
Canteen Operation | |||
19 |
Hog Fattening | |||
34 |
||||
9. Narvarte Women's Ass'n. |
Nibaliw, San Fabian |
2 |
19 |
Fish Trading |
4 |
Commodity Trading | |||
23 |
||||
10. Pangascasan Mothers' Association |
Pangascasan, Sual |
6 |
1 |
Dried Fish Trading |
2 |
Rolling Store | |||
1 |
Bagoong Trading | |||
7 |
Palay Trading | |||
8 |
Fish Trading | |||
10 |
Commodity Trading | |||
29 |
||||
TOTAL |
32 |
288 |
SUMMARY: |
TOTAL NO. OF PROPONENTS : 10 |
NO. OF PROJECT TYPES : 12 |
TOTAL NO. OF PARTICIPANTS : 288 |
TOTAL NO. OF PROJECTS : 32 |
TABLE 2
FINANCING SCHEMES BY PROJECT, TYPE/PROPONENT
PROPONENT/LOCATION |
PROJECT TYPE |
LOAN COMPONENT |
PARTICIPANTS' EQUITY CONTRBN |
TOTAL PROJECT COST | |||
AMOUNT |
% |
AMOUNT |
% |
AMOUNT |
% | ||
1. Mona Mothers Association Mona, Alaminos (2nd Round of Loans/Same IGPs) |
Fish Trading |
P 52,620 |
88.2 |
P 7,040 |
11.8 |
P 59,660 |
100.0 |
Cmdty Trading |
10,656 |
55.4 |
8,580 |
44.6 |
19,236 |
100.0 | |
Hog Fattening |
144 ,997 |
68.0 |
68,214 |
32.0 |
213,211 |
100.0 | |
SUB-TOTAL |
P 208,273 |
71.3 |
P 83,834 |
28.7 |
P 292,107 |
100.0 | |
2. Dangley Loving Mothers' Ass'n. Dangley. Agno (2nd Round of Loans/Same IGPs) |
Fish Trading |
P 96,075 |
85.6 |
P 16,100 |
14.4 |
P 112,175 |
100.0 |
Cmdty Trading |
39,425 |
66.2 |
20,160 |
33.8 |
59,585 |
100.0 | |
Bamboo Trdg. |
34,335 |
86.1 |
5,550 |
13.9 |
39,885 |
100.0 | |
Fish Capture |
34.000 |
55.9 |
26,800 |
44.1 |
60,800 |
100.0 | |
SUB-TOTAL |
P 203,835 |
74.8 |
P 68,610 |
25.2 |
P 272, 445 |
100.0 | |
3. Loving Mothers' Association Masidem, Bani (2nd Round of Loans/*New IGP) |
Wholesale Fish Trig.* |
P 102,000 |
93.7 |
P 6,882 |
6.3 |
P 108,88 |
100.0 |
Retail Fish Trading |
59,500 |
80.9 |
14,025 |
19.1 |
73,52 |
100.0 | |
SUB-TOTAL |
P 161,500 |
88.5 |
P 20,907 |
11.5 |
P 182,407 |
100.0 | |
4. Women's Action Club, Sn. Isidro Norte, Binmaley (2nd Round of Loans/Same IGPs) |
Fish Trading |
P 69,175 |
81.5 |
P 15,725 |
18.5 |
P 84,900 |
100.0 |
Cmdty Trading |
27,545 |
61.4 |
17,300 |
38.6 |
44,84 |
100.0 | |
SUB-TOTAL |
P 96,720 |
74.5 |
33,025 |
25.5 |
P 129,74 |
100.0 | |
5. Boracay Women's Association Pao-Ilio-Ilio. Burgos (2nd Round of Loans/Same IGPs) |
Fish Trading |
P 81,230 |
84.2 |
P 15,295 |
15.8 |
P 96,525 |
100.0 |
Cmdy. Trading |
36,340 |
64.3 |
20,160 |
35.7 |
56,500 |
100.0 | |
Fish Capture |
17,000 |
46.6 |
19,450 |
53.4 |
36,4S |
100.0 | |
Fish Nets |
28,800 |
17.9 |
132,000 |
82.1 |
160,800 |
100.0 | |
SUB-TOTAL |
P 163,370 |
46.6 |
186,905 |
53.4 |
P 350,275 |
100.0 | |
6. Samahan ng mga Kababaihan sa Bolasi (SAKABO) Bolasi, San Fabian (2nd Round of Loans/Same IGPs) |
Fish Trading |
P 58,420 |
85.6 |
9,845 |
14.4 |
P 68,26 |
100.0 |
Comdty Trdg. |
10,938 |
56.9 |
8,300 |
43.1 |
19,23 |
100.0 | |
Hog Fattening |
242,088 |
71.5 |
96,335 |
28.5 |
338,42 |
100.0 | |
SUB-TOTAL |
P 311,446 |
73.1 |
P 114,480 |
26.9 |
P 425,926 |
100.0 | |
7. Longos Women's Association Longos Amangonan, SF. (2nd Round of Loans/Same IGPs) |
Fish Trading |
P 80,885 |
81.9 |
P 17,860 |
18.1 |
P 98,745 |
100.0 |
Comdty Trdg. |
25,267 |
65.3 |
13,440 |
34.7 |
38,70 |
100.0 | |
SUB-TOTAL |
P 106,152 |
77.2 |
P 31,300 |
22.8 |
P 137,452 |
100.0 | |
8. Rang-Ay Women's Association Mabilao, San Fabian (1st Round of Loans/New IGPs) |
Fish Trading |
P 24,640 |
78.0 |
P 6,965 |
22.0 |
P 31,60 |
100.0 |
Comdty Trdg. |
24,798 |
55.2 |
20,160 |
44.8 |
44,98 |
100.0 | |
Canteen Optn. |
8,262 |
68.2 |
3,849 |
31.8 |
12,11 |
100.0 | |
Hog Fattening |
149,490 |
64.6 |
81,865 |
35.4 |
231,355 |
100.0 | |
SUB-TOTAL |
P 207,190 |
64.7 |
112,839 |
35.3 |
P 320,02 |
100.0 | |
9. Narvarte Women's Asssociation Nibaliw, SF. (2nd Round of Loans/Same IGPs) |
Fish Trading |
P 94,895 |
84.6 |
P 17,290 |
15.4 |
P 112,18 |
100.0 |
Commodity Trading |
28,289 |
63.9 |
16,000 |
36.1 |
44,28 |
100.0 | |
SUB-TOTAL |
P 123,184 |
78.7 |
P 33,290 |
21.3 |
P 156,474 |
100.0 | |
10. Pangascasan Mothers' Ass'n. Pangascasan, Sual (2nd Round of Loans/ Same IGPs) |
Dried Fish Trading |
P 6,400 |
95.5 |
P 300 |
4.5 |
P 6,70 |
100.0 |
Rolling Store |
6,558 |
66.5 |
3,300 |
33.5 |
9,858 |
100.0 | |
Bagoong Trdg. |
4,860 |
96.0 |
200 |
4.0 |
5,060 |
100.0 | |
Palay Trading |
63,000 |
95.0 |
3.010 |
5.0 |
66,010 |
100.0 | |
Fish Trading |
26,880 |
83.2 |
5,432 |
16.8 |
32,31 |
100.0 | |
Comdty Trdg. |
65,418 |
52.3 |
59,550 |
47.7 |
124,968 |
100.0 | |
SUB-TOTAL |
P 173,116 |
70.7 |
P 71,792 |
29.3 |
P 244,908 |
100.0 | |
GRAND TOTAL |
P 1,754,786 |
69.9 |
P 756,982 |
30.1 |
P 2,511,768 |
100.0 | |
The results of the feasibility studies indicate that that the IGPs submitted for financing are viable from the marketing, financial and operational viewpoints and, consequently, favorably recommended for approval.
Through series of financial projections, the financial profitabilities of the project were appraised, including their capability to generate the cash requirements of project operations as well as the debt-service obligations of the proponents.
Hereunder are the selected financial profitability indicators for each project type (based on the average):
PROJECT TYPE |
RETURN ON INVESTMENT |
PAYBACK PERIOD |
PROFIT MARGIN |
(%) |
MONTHS |
(%) | |
a) Fish Trading |
|||
· Wholesale Trading |
33.0 |
3.03 |
88.0 |
· Fish Retail Trading |
39.3 |
2.6 |
52.4 |
b) Commodity Trading |
40.5 |
2.8 |
92.2 |
c) Hog Fattening |
27.0 |
3.9 |
75.8 |
d) Bamboo Trading |
37.4 |
2.67 |
50.8 |
e) Fish Capture |
36.6 |
2.73 |
97.0 |
f) Fish Nets |
35.5 |
2.8 |
99.6 |
g) Canteen Operation |
52.6 |
1.9 |
28.2 |
h) Dried Fish Trading |
39.5 |
2.5 |
75.7 |
i) Rolling Store |
51.3 |
2.0 |
94.0 |
j) Bagoong Trading |
31.3 |
3.19 |
76.9 |
k) Palay Trading |
20.2 |
4.94 |
84.9 |
The foregoing indicates the potentials of the IGPs for sustained profitability and higher income with the proper management guidance and direction.
As of 22 September 1994, proposals for seven women's associations have been submitted, out of which loans of three women's groups were released for the month of September
The project proposals of three remaining women's associations are due for submission to the Land Bank within the week of 22 September 1994.
