Credit risk management of micro enterprises in Angono, Rizal, calendar year 2015 Jayson I. Coderis, Rusty T. Panganiban, Joseph P. Sanchez, Michael Angelo V. Su-Ay

Thesis BSBA-FM University of Rizal System, Binangonan 2017

includes bibliographical references

This study entitled "Credit Risk Management of Micro Enterprises in Angono, Rizal" was undertaken in Calendar Year 2015 the subject of this study was the owner or manager of the Enterprises. The researchers established questionnaire check list in terms of the personal profile of the respondents which comprises of Age, Sex, Civil Status, Educational Attainment, Position; the business profile of the respondents which comprises of Number of Years Operation, Initial Capital, Source of Capital, Monthly Income and Nature of Business. Further, the respondent's perception on the Credit Risk Management of Micro Enterprises was also determined. A significance difference on the respondent's perception in their personal and business profile was also considered. The problem posed in this study was statistically treated using the Percentage, Weighted Mean and the One-Way Analysis of Variance. It was found out that most of the respondents werefemale, married, College level and belonged to mid adult. Most of them used borrowed money in starting up their business with an initial capital of ₱10,001-₱570,500 and earned below ₱6,000 monthly. It was also found out that most of the business were trading as line of their business and already operates for 2-5 Years. The owners were mostly the one who operates their business activities in Angono, Rizal. The respondent's perception in the Credit Risk Management of Micro Enterprises in Angono, Rizal was perceived as slightly agree.There is no significant difference on the perception of the respondent's profile in terms of Age, Civil Status and Position but there is a significance difference on the perception of the respondent's profile in terms in terms of Sex and Educational Attainment; and in terms of business profile of the respondents, there were no significance difference in terms of Number of Years Operation ,Initial Capital and Source of Capitalbut in terms Monthly Income and Nature of Business, there was a Significance difference on the perception of the respondents. In the foregoing study,the researchers recommended that the owners of micro enterprises in Angono, Rizal should be aware of the costumer's capacity to pay, by giving different credit terms to avoid delinquent payments. They should also be consistent in imposing minimum penalty rates to overdue accounts, so that the costumers will pay their debt before the maturity date. The researchers also advising that owners should allow extension for past due payments to give debtors time to set their accounts. Another suggestion is that owners should not delay the payments of the products they tradedto avoid penalty. They also suggest that owners should avail credit terms on trading they acquired to avoid overdue accounts. Lastly, the owners must not be delinquent in paying installment every week, to avoid being burdened with debt payments. Each owner must have their own copy of pamphlet or journal book for them to be aware of the credit policy of they acquired for their business.