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    Research Paper (Abstract Sample)

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    Ivan Bendiola
    Abstract on a research paper entitled Financial Literacy in Micro-Enterprises: The Case of Cebu Fish Vendors (ignore the headings)

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    Research Paper (Abstract Sample)

    Uploaded by

    Ivan Bendiola
    195 views1 page
    Abstract on a research paper entitled Financial Literacy in Micro-Enterprises: The Case of Cebu Fish Vendors (ignore the headings)

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    © © All Rights Reserved

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    DOCX, PDF, TXT or read online from Scribd

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    Abstract on a research paper entitled Financial Literacy in Micro-Enterprises: The Case of Cebu Fish Vendors (ignore the headings)

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    195 views1 page

    Research Paper (Abstract Sample)

    Uploaded by

    Ivan Bendiola
    Abstract on a research paper entitled Financial Literacy in Micro-Enterprises: The Case of Cebu Fish Vendors (ignore the headings)

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Name

    Course & Year


    Date
    Activity 11
    .
    Draft 1

    : Bendiola, Ivan C.
    : BSA-3
    : September 29, 2015
    : Abstract
    .

    Financial Literacy in Micro-Enterprises:


    The Case of Cebu Fish Vendors
    Abstract
    A myriad of reasons explain the performance of business ventures; one of these is the
    possession of skill in managing the financial affairs of those ventures. While the lack or
    deficiency of it may be detrimental to larger enterprises, the effect could be much more
    disadvantageous to small or micro enterprises. This study assesses the financial skills of fish
    vendors in Pasil, the main fish distribution and trading center in Cebu City, Philippines. This
    study used simple random sampling to obtain 123 respondents and adopted a 95% level of
    confidence on statistical tests. Findings show that vendors who do not record nor keep record of
    transactions, do not monitor profit and loss, and have deficient cash management practices.
    Furthermore, most vendors are confined to high interest loans. They also have limited access on
    the effective means of acquiring funds or capital for their respective business. The government
    should help the fish vendors establish linkage to organizations with aligned advocacy.

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