MASICAP II - Objectives and Services

OBJECTIVES

· To provide direct functional assistance to micro, small and medium enterprises.

· To train students and young professionals in providing business extension services and to inculcate positive values and sense of self-actualization derived from their positive contributions to countryside business development.

SERVICES

·         Preparation of business plan for loan purposes and facilitation of loan application and approvals;

·         Preparation of business plans for strategic planning / compliance of accreditation requirements;

·         Assistance in complying with other loan requirements by banks and other creditors

·         Provision of information on markets, sources of materials, technology and licensing procedures;

·         Linking-up enterprises with buyers / suppliers and other resource institutions / agencies.

Visit to a MASICAP assisted project. Sapu Padidu Small Fishermen Cooperative Contract Growing of High-Valued Fin Fishes, Sapu Padidu, Malapatan, Sarangani Province.

The above assistance services are provided to proponents / entrepreneurs by field teams composed of senior students / young professionals recruited and trained by the foundation.

The teams can find free office space at the Department of Trade and Industry, local Chamber of commerce and Industry and others but actively seeks out project proponents / enterprises to be assisted. They undertake much of the extension work with the entrepreneurs at the premises of the enterprises assisted. Services are extended with no fees charged except for the entrepreneurs providing office supplies or clerical support in preparing the business plans or documents required.

The program initially operated in the following areas mostly covered by the UNIDO Project:

·         Davao del Sur

·         Cotabato City

·         General Santos City,

·         Iligan City

·         Kidapawan City.

Cotabato City was closed on the 2^nd quarter of 2002 because of the peace and order situation of the area.

MASICAP MSME Development Foundation Incorporated

Medium and Small scale Industries Coordinated Action Program II (MASICAP II)