Biz Op1 Lesson 5: Creating Livelihood Opportunities

To be a winner in the game of life, one should recognize that opportunity doesn't knock at the main door. It has the habit of entering through the backdoor.

Take your setbacks, frustrations and hardships as challenges which open the doors of opportunities

~Napoleon Hill

I.Time Frame:

1. Date:

2. Number of Hours:

3. Time:  

II. Class Schedule:

1. Course Code:

2. Course Title: Business Opportunities 1

3. Year: BS Entrepreneurship 2

4. School: Divine Word College of Legazpi

III. Objectives

1. Describe t

2. Describe the m

3. Understand

4. Explain

IV. Subject Matter

1. Creating Livelihood Opportunities

2. Reference: Creating Livelihood Opportunities by Fe Revvita-Arrriola

Livelihood - means of earning or making a living

Livelihood Programs have the following objectives:

1. To increase their family incomes to levels above the poverty threshold

2. To increase their family savings to sustain livelihood development

3. To generate funds for investments that improve their livelihood

4. To increase their productive capacities so as to fully develop their resources

5. To have more access to and control over resources for their livelihood

 Aspects of Poverty

1. Low incomes whether from wage employment or self-employment

2. Large squatter population in urban areas

3. Impoverishment of children

4. Marginalization of communities due to resources' depletion

5. Impoverishment due to natural calamities

6. Overall poor state of health

7. Limited access to educational services

Two Issues

1. Many government organizations duplicate each others' efforts and do not coordinate with one another when they plan and implement livelihood programs

2. Livelihood programs and projects, as numerous as they are, apparently have not helped or may not bring down the high incidence of poverty

Community-Based Enterprise - a business undertaking, owned and managed by an organized group of poor people in a given locality, usually developed with assistance from governmental or non-governmental organizations involved in livelihood programs and projects

Stages of Community Based Enterprises Growth

1. The First Stage: Augmenting income and setting the stage for enterprise creation

-This is the stage when client-learners start to become participants instead of beneficiaries.

Interventions:

a. Basic Social Preparation

b. Savings Mobilization

c. Skills Training

d. Financing small income-generating projects

e. Dissemination of information and creating access to resources

2.  The Second Stage: Promoting the growth of community-based enterprises

Interventions:

a. Strengthening of organizations as business undertakings

b. Financial intermediation

c. Entrepreneurship development, product development and promotion

d. Promotion of sustainable development

e. Setting up Processing Centers

3. The Third Stage: Mainstreaming community-based enterprises

Interventions:

a. Upgrading of leadership and management skills

b. Development of Capital Markets

c. Market and Product Diversification

d. Divestment of processing centers