As a part of the livelihood component of SOLARES, Mr. Stefan Babera, project officer of Peace and Equity Foundation visited Brgy. Keytodac, Lebak, Sultan Kudarat on November 19, 2019.
Mr. Babera called a meeting on preparation for the next operation of the association, particularly for their coffee and corn consolidation and trading, and production loan support to officer-members. Mr. Arnel Butron, President and Mr. Arnold Colcolan, Business Manager participated in the meeting.
One of the agenda included setting up of financial management system. For coffee and corn operations, there were four (4) books of transaction presented to the association; inventory book (purchase of coffee), sales book (delivery), operating expense book and cash book. Discussion covered the content of these books and most importantly the division of work among Mr. Butron and Mr. Colancolan.
Participants also tackled documentation of operation flows. Constraints faced by the association were on the recording of transactions due to the voucher signatories which cause confusion, delays, and mixups of records. The association will implement the open-market marketing strategy for this year.
Mr. Babera assisted Keytodac for a few more days to guide the operation.
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