Oasis Sari-sari Store Project
About The Project
One of the focus areas that RDC is covering is projects that promote inclusive and sustainable economic growths, employments and decent work for all, to help people and the communities in which they live become more self-sufficient and resilient. In the Philippines one of the business models that is key to the communities are the Sari-sari stores, which are small retail outlets that can be found in almost all neighbourhoods, sometimes even in every street corner throughout the country.
In a lot of cases, the stores are run by women entrepreneurs. Thus RDC is of the view that embarking on this also provides another opportunity to support SDG through women empowerment initiatives. As a pilot project, financial assistance has been provided to 2 beneficiaries in Davao City; Sister Amina L. Sadidul and Sister Hoda Deporos Larazaro. Operations for these pilot projects are already in progress. The Sari-sari store has been given a brand name of “Oasis” depicting a fertile spot in an arrid area, often providing relief or refuge.
The Project Objectives
- Provide financial assistance to 10 identified beneficiaries to startup and operate Sari- Sari Stores.
- To institute into the project a social enterprise mechanism; where beneficiaries allocate a percentage of revenue/profit for the establishment of a special fund
- The Special fund will be used to help finance other future sari sari projects and also provide emergency assistance to beneficiaries with problems whenever required.
- Help home economic livelihood project.
- Empower initiative for women empowerment for better life.
- Develop potential skills for future entrepreneurs.
- Build new business opportunities.
Location Of the project
One of the locations of the project is at Purok Lacatan Lomlom Darong Sta. Cruz Davao Del Sur, Philippines.
The project cost
The total cost for the project is estimated at RM96,000