FOCAL persons and implementers of the Department of Labor and Employment (DOLE) Integrated Livelihood Program (DILP) from four regions of the country have undergone Training on Business Planning and Financial Education aimed to strengthen the capacity of DILP field implementers.
The three-day training, which culminated on Friday, June 6, at a local hotel, was participated by DILP focal persons and implementers from Western Visayas, Central Visayas, Eastern Visayas, and Zamboanga Peninsula.
DOLE-Zamboanga Peninsula Director Albert Gutib, who opened the training, emphasized the importance of strengthening the capacity of field implementers to better support livelihood beneficiaries in building sustainable enterprises.
The first day of the training covered the fundamentals of business planning, including its definition, importance, and key components such as the executive summary, marketing plan, operations plan, and financial projections.
Gutib said workshop activities were conducted after each session to allow participants to immediately apply the concepts discussed.
The second day focused on the continuation of business plan development, experiences in business setup, and legal requirements for starting a business.
Gutib said the participants engaged in hands-on exercises and group discussions to refine their business plans.
The third day featured comprehensive sessions on financial literacy led by facilitators from the Bangko Sentral ng Pilipinas (BSP).
The sessions covered Digital Financial Planning and Consumer Protection Mechanisms, followed by a workshop and discussion on frequently asked questions to address participants’ real-life financial concerns.
Gutib said the training aimed to strengthen the delivery of DOLE’s livelihood programs by equipping DILP focal persons with essential competence in business planning and financial education, ultimately contributing to more sustainable and successful community-based enterprises and employment generation.
The training was organized by DOLE’s Bureau of Workers with Special Concerns (BWSC), with strong support from the National Wages and Productivity Commission (NWPC), Regional Tripartite Wages and Productivity Board (RTWPB) and BSP. (SunStar Zamboanga)