Debt management of public market vendors in Binangonan Rizal calendar year 2016

Thesis BSA University of Rizal System, Binangonan 2017

includes bibliographical references

This study primarily focused on Debt Management of Public Market Vendors in Binangonan, Rizal given multiple borrowings. This study aims to analyze and evaluate the debt management practices of public market vendors in Binangonan, Rizal with regards to the practice of multiple borrowings in the said population. The researchers used the following personal and business profile: sex, age, highest educational attainment, civil status, number of household, and Years of existence, source of capital, initial capital, types of loans, current working capital, and the following parameters: business liquidity, business profitability, business operating efficiency, business stability. The researchers used descriptive method of investigation in the conduct of this study. The subject of this study were the public market vendors in Liwasan St. Brgy. LibidBinangonan, Rizal. The researchers used a sample size of 123out of 517 population of public market vendors in the said public market. It was determined using probability proportion to size via simple random sampling given multiple borrowings. Major instrument used were self-made questionnaires based from "Prospect Theory".The data collected were analyzed and interpret using frequency, percentage, rank distribution, weighted mean and one-way analysis of variance. The result of the research reveals that the respondents of the public market vendors in Liwasan St. Brgy. LibidBinangonan, Rizal were mostly female aging from 26 to 45 Years old, married, high School graduate, and having a household size of 5 to 6. In terms of business profile, most of the public market vendors were currently operating in the market for 18 Years above. Public market source of capital during their initial operation were mostly from self-financing, initial capital ranges from 10,000 and below, types of loan availed were mostly from informal lenders followed by cooperatives, and the current capital ranges from 10,000 and below. In terms of the parameters used, the obtained mean on the respondents' debt management in terms of business liquidity showed that paying the suppliers on time ranked first with the verbal interpretation of "Always". Last in ranked was maintaining good cash flow with a verbal interpretation of "Often". In terms of business profitability, increase business expense ranked first with the verbal interpretation "Often" while saving money for business was the last in ranked with the verbal interpretation of "Sometimes". In terms of operating efficiency, buying new products ranked first with the verbal interpretation of "Often", while buying new equipment was the last in ranked with the verbal interpretation of "Often". In terms of business stability, maintaining the number of suppliers ranked first with the verbal interpretation of "Always", while maintaining the number of customer was the last in ranked with the verbal interpretation of "Often". In general, the findings of the study showed that there was no significant difference on the respondents' profile and business profile on the perception onhow multiple borrowings can affect the debt management of public market vendors, except in terms of educational attainment with regards to business liquidity of the respondents; and in terms of current capital with regards to the parameters of business liquidity and business operating efficiency. As a result of the study, the researchers recommended that the public market vendors must give emphasis on managing their current capital. The researchers would like to suggest to minimize the loans obtained by public market vendors from informal lenders such as 5-6, individual creditors and financing institution that has high interest. Also, the researchers suggest to consider practicing separate entity in order to determine the actual earning of the business. And lastly, the researchers would like to suggest a quarterly seminar for public market vendors about debt management.