Promoting Sustainable Growth In Barangay Micro Business Enterprises: A Strategic Framework for Economic Empowerment in Victoria, Laguna

Promoting Sustainable Growth In Barangay Micro Business Enterprises: A Strategic Framework for Economic Empowerment in Victoria, Laguna

Jeremie V. Miramonte
jvmiramonte@gmail.com
University of Perpetual Help System Dalta
Las Piñas, Philippines

DOI: https://doi.org/10.54476/ioer-imrj/988121

ABSTRACT

In light of evolving economic conditions, fostering sustainable growth in micro-business enterprises (MBEs) is essential for strengthening community-level economic empowerment. This study develops an evidence-based framework that integrates sustainability principles with capacity-building strategies to enhance the long-term resilience and prosperity of MBEs. Using a quantitative approach and a descriptive-evaluative research design, it examines the current status of MBEs and evaluates the effectiveness of strategies supporting their growth and sustainability. A survey of 50 micro-business owners in Victoria, Laguna, revealed that most respondents are women aged 28–37, with over half holding a college degree and managing businesses for more than seven years. While they demonstrate basic entrepreneurial competencies, significant challenges persist in financial management, technology adoption, and strategic decision-making. Limited access to capital and inconsistent government support hinder their ability to comply with regulations, access markets, and participate in capacity-building initiatives. To address these challenges, the study recommends targeted interventions such as financial literacy programs, accessible microloans, technology support, and stronger government collaboration to improve the sustainability and growth of micro-businesses.

Keywords: sustainable growth, micro business, strategic framework, economic empowerment

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