Entrepreneurial Competencies and Business Success of Pantawid Pamilyang Pilipino Program (4Ps) Members in the First District of Batangas

Abstract

This research determined the entrepreneurial competencies and business success of Pantawid Pamilyang Pilipino Program (4Ps) members who are beneficiaries of Sustainable Livelihood Program (SLP) in the First District of Batangas. Descriptive research design using quantitative method approach was employed. A total of 291 respondents were chosen through stratified random sampling from Municipalities of Balayan, Calaca, Calatagan, Nasugbu, Lemery, Lian, Taal and Tuy. Survey questionnaire was used and it was subjected to Cronbach’s Alpha. Statistical tools used were percentage, weighted mean, relative frequency, and Pearson r. Majority of the respondents’ household head are either father/mother; 45-54 years old; female; highest educational attainment is high school level; family type is nuclear with 7-9 members whose monthly income is Php 3001- PhP 5000; and operating their business in less than 5 years. SLP Beneficiaries have strong entrepreneurial competency in all the variables except for risk taking with moderate entrepreneurial competency. Financial and Non-Financial performance of respondents’ business success were found to be consistent. The entrepreneurial competencies and business success in terms of financial performance have significant relationship in all the variables except for information seeking; however, in terms of non-financial performance, it was found to have a significant relationship in all the variables. To strengthen the implementation of sustainable livelihood program for 4Ps members, an entrepreneurial sustainability plan was proposed to Department of Social Welfare Development (DSWD).