Five years after the 2012-2013 CMDC participants graduated, Bayan Academy sought to determine the extent of the program’s success, and the impact that it has made on the participants’ enterprises.
In collaboration with the University of the Philippines Social Action for
Research and Development Foundation Inc. (UP-SARDFI), they conducted an impact assessment to the 2012-2013 graduates of the Grassroots Entrepreneurship and Management (GEM) and Small Business Advisory and Coaching Services (SBACS) programs.
The results of the study were discussed by Dr. Edith Venus Maslang of UP-SARDFI at the CMDC Exposition. The study was primarily aimed at measuring the CMDC GEM graduates’ business growth in terms of income, assets, net worth, and number of employees.
UP-SARDFI collected the data of GEM batches 8-18, from December 2012 – August 2013 through online surveys, key informant interviews, case studies, and review of secondary data.
Within this period, the GEM program recorded a total of 471 participants, which is 104% higher than its original target of 450 participants.
In addition, 227 SBACS training participants were recorded, making it a total of 698 GEM & SBACS participants.
Characteristics of CMDC Participants
Records show that 90% of the participants were women, and more than half took up trading courses. Ages ranged from 37 to 48.
Most were engaged in trade-related businesses such as mini-variety stores, grocery store, buy and sell, gift and flower shops, and junkshops.
Other types of enterprises were manufacturing, which includes food and meat processing, piggery, rattan handicraft; and made-to-order services and service-related businesses such as refrigeration and air-conditioning general services, and internet cafés. Of the respondents, 57% attended the 3-day training, while 27% went for the 9-day training.
More than half of the respondents had established their business before starting the GEM Program. For a large majority of the respondents, no new business ventures were taken following their training.
Impacts of CMDC Program on Income, Asset Size, Net Worth and Employee Size
The results showed significant positive growth in the combined asset size and net worth of the enterprises. A 36% increase in combined total asset size, from P48,151,382 to P65,710,000, was recorded; while, a 28% increase in total net worth was also recorded, increasing from P42,517,328 to P54,582,000 after the GEM program.
Overall data show a slight 0.3% dip in the total incomes of respondents, from P4, 818,800 to P4, 804,500, after GEM. However, for enterprises which enjoyed an increase, their rates of positive income range from 4% to 1,100%, or an average of 127%, with trading registering the highest average increase.
As for employee size, only 23% have reported an increase in the number of workers before and after GEM, possibly due to the nature of the businesses, which may be family-based or not particularly labor intensive. Compared to the 2010-2011 assessment, that of 2012-2013 reflects better performance overall in terms of growth in income, asset size and net worth. The reverse is true however when it comes to employee size.
Other findings of the study include high post-training program evaluation rating for all categories; and the additional impact on participants including improved social skills, self-confidence and socio-economic living conditions.
Dr. Maslang ended her presentation with recommendations for more efficient ways of tracking program graduates’ progress, and to promote the training program through localization and training the trainers. She also encouraged engaging partners in joint planning and designing M&E standards.
Through the presentation, partners and stakeholders were able to understand the 5-year impact of the GEM and SBACS programs to its participants and their businesses, which also allows for the CMDC’s calibration and continued improvement of ongoing and future programs.
Article from CMDC Newsletter, Volume IV Issue No. 1