In less than two months of operation working on less than P200 thousand capital, the Groceria Project of the Tacurong Terminal Vendors Association (TATVA) recorded P1,000,087.00 gross sales, exceeding its modest target of only P540 thousand in the same period.
The group project, turned over to TATVA on November 8, was funded by LGU Tacurong as counterpart to the Bottom Up Budgeting funds under the DOLE Integrated Livelihood and Emergency Employment Program (DILEEP).
Located in front of the public terminal, the groceria project supplies the procurement needs of 36-member vendors of the association who are exclusively selling bottled drinks and other food items in the terminal premises.
During the formulation of feasibility study stage, the daily gross sales’ target of the store was pegged at P10 thousand but after more than a month of operstion, the actual average daily sales shot up to P18 thousand.
Notably also, the daily sales averaged at more than P20 thousand during the third and last week of December. The highest gross sales of P54 thousand were even achieved on January 2.
Each vendor is motivated to patronize the store due to several reasons including the expected dividends, patronage refunds and incentives to top sellers.
The store is also paying for the SSS contributions of each of the association’s 36 patronizong members.
The project is operated by three personnel who are also members of the association and who receive monthly compensations: store manager, cashier/storekeeper, and bookkeeper.
TATVA , an LGU-acredited and DOLE-registered association is becoming one of the succesful livelihood projects in Tacurong.
The DOLE Field Office and LGU PESO are assisting the group since it was organized in 2013.
In 2014, each of the association members received a NegoKart project from DOLE 12. The success of the individual projects paved way for the provision of the current Groceria Project.
Aside from the LGU and DOLE, the association is also receiving technical assistance from DTI and Tacurong Negosyo Center.
Mayor Lina Montilla said that TATVA’s project will surely inspire other associations to venture into viable livelihood enterprises. (AFreno-LGU Information)