P&G pilots program for ‘sari-sari’ stores

In this article (5)
Consumer goods giant Procter & Gamble (P&G) has inked an agreement with the Department of Trade and Industry (DTI) to pilot a micro-entrepreneur development program that will equip “sari-sari” store owners with fundamental entrepreneurial knowledge and business seed capital.
Called “Angat Kita,” the program aims to help interested sari-sari store entrepreneurs to realize their full potential to generate income, sustain livelihood, and eventually uplift their current status.
P&G said participants need to attend a series of training workshops developed by the company’s retail experts before gaining access to seed capital to put to practice what they learned.
Through its wide distribution network, P&G said it hopes to introduce the Angat Kita program to thousands of micro-entrepreneurs and have them enroll at the DTI Negosyo Centers nationwide.
The pilot program is targeted to be rolled out in Mandaluyong City and four other locations within the next few months.
“P&G has a unique capability to contribute specifically in the area of leadership development. As a humble enterprise that started small and grew to one of the leading and lasting FMCGs (fast moving consumer goods) globally, we take seriously our social responsibility to cultivate the next generation of successful entrepreneurs,” P&G Asia-Pacific president Magesvaran Suranja said.
According to company, the program will focus primarily on small-sized sari-sari store owners and help them level-up to medium-sized sari-sari store owners.
The partnership also hopes to help uplift women in society and enable them to be productive entrepreneurs while carrying out their roles as housewives.
Questions & Answers
Q.What is the primary aim of the 'Angat Kita' program?
What is the primary aim of the 'Angat Kita' program?
The program aims to help sari-sari store entrepreneurs generate income, sustain their livelihood, and improve their current economic status. It also intends to assist small-sized sari-sari store owners in growing into medium-sized businesses.
Q.What must participants do to access the seed capital offered by the program?
What must participants do to access the seed capital offered by the program?
Participants are required to attend a series of training workshops. These workshops, developed by P&G's retail experts, are designed to equip them with fundamental entrepreneurial knowledge before capital is provided.
Q.Where will the pilot program first be introduced?
Where will the pilot program first be introduced?
The pilot program is scheduled to be rolled out in Mandaluyong City. It will also be introduced in four additional locations within the coming months, though these specific locations are not named.
Q.Who specifically is the program intended to benefit, beyond store owners in general?
Who specifically is the program intended to benefit, beyond store owners in general?
The program primarily focuses on small-sized sari-sari store owners, helping them to expand. It also aims to empower women in society, enabling them to become productive entrepreneurs while managing their household responsibilities.
Reader pulse
P&G's Angat Kita: Smart strategy?
16,983 votes so far