As part of the three-day Serbisyo Caravan initiated by the Department of Trade and Industry (DTI) Region 2 Cagayan, led by Provincial Director Henry O. Conel, Jr., in partnership with the Local Government Unit of Calayan, led by Honorable Mayor Joseph Llopis, a total of 36 livelihood kits worth PHP315,000.00 were distributed, covering all the 12 barangays of the island municipality of Calayan on 17 May 2022.
An entrepreneurial development training was conducted to prepare the MSME beneficiaries to properly manage the livelihood packages provided.
Entrepreneurial Development Training is one of DTI’s initiatives to uplift MSMEs. A lecture on the 7Ms was also conducted to help MSMEs set up their own businesses and become smarter entrepreneurs. The 7Ms stand for 1.) mindset change, 2.) mastery, 3.) mentoring, 4.) money, 5.) machines, 6.) market access, and 7.) models of negosyo. DTI Negosyo Center programs and services were also discussed.
The livelihood kits distributed were under DTI’s flagship programs, namely Negosyo Serbisyo sa Barangay (NSB) and Pangkabuhayan sa Pagbangon at Ginhawa (PPG), which comprised any of the following packages: Sari-sari store, wood crafts, or carinderia package.
Simultaneously, DTI’s frontline services such as Business Name Registration, Barangay Micro Business Registration (BMBE), facilitation of MSME profiling, and conduct of Business Consultancy Services, among others, were also facilitated.
Meanwhile, a price monitoring activity of basic necessities and prime commodities (BNPCs) and a commodity flow study were conducted by provincial director (PD) Henry O. Conel, Jr. and DTI R2 Cagayan Consumer Protection Division Chief, Mr. Lourdito Antonio, within the vicinity of Barangay Poblacion, Calayan.
During the activity, it was found that almost all business establishments monitored were selling BNPCs above the suggested retail prices (SRPs) due to some factors such as transportation costs, sources of supply, among others. This was further validated as a result of the interview and commodity flow study conducted with business owners. ♦
Date of Release: 2 June 2022