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Accomplishment Report Extension and Outreach Program December 2022
Accomplishment Report Extension and Outreach Program December 2022
Accomplishment Report Extension and Outreach Program December 2022
The first event was with the partnership with East West International Educational
specialists inc. The event entitled “The widening global digital skills gap across all industries:
Exponential technologies affecting global education and ways forward in the midst of the 4th and
5th industrial revolution” which occurred in the Wesleyan University – Philippines Aurora Campus
with 500 students attendees. The speaker was Mr. Dennis Franco Layug.
The second activity was with a partnership between the Wesleyan University – Philippines
Cushman Campus and Wesleyan University – Philippines Aurora Campus, the Financial Literacy
Program entitled “Be Financial Literate: A financial literacy program for small scale business
owners “at Brgy. Dianawan, Maria Aurora, Aurora. This was initiated by Prof. Jelwin D.L.
Bautista, Associate Dean, in collaboration with Dr. Mary Anne G. Castro, Program head of
Bachelor of Science in Business Administration (BSBA) and Prof. Hezel M. Guillen, Program
Head of Bachelor of Science in Accountancy (BSA). The resource speakers were Prof. Mary Berly
M. Salvador, BSBA Program head; Prof, Kristan M. Licaycay, BSA Program Head and Prof.
Ronnie Joseph Odulio, CPA, JPIA adviser.
Financial literacy is essential to attain financial freedom. Being financially literate benefits
individuals in managing their finances and making intelligent decisions. This activity aimed to
equip small-scale business owners in managing their income, expanding their businesses, and
achieve financial stability. 40 attendees learned about the topics Concepts of credit, the Business
registration process, and Advice in managing finances discussed by the resource speakers.
The third program was the Gift giving at Brgy. Bayanihan, Maria Aurora, Aurora with the
partnership of two campuses. This was the chosen beneficiary since the barangay was in a state of
calamity due to cholera. The College of Business and Accountancy Local Council (CLC) and
students collected and assembled the 100 grocery packs at Wesleyan University – Philippines,
Cushman campus for the 100 affected families.
The last activity was the annual gift-giving of the College of Business and Accountancy.
On December 9, 2022, the College of Business and Accountancy Local Council (CLC), Junior
Financial Executives (JFINEX), Junior Marketing Association (JMA), Junior Philippines
Association of Management Accountants (JPAMA), and Junior Philippine Institute of
Accountants (JPIA) conducted a gift-giving project in Brgy. Bakod Bayan, Brgy. Kalikid and
Brgy. Pangatian. During the project, the department decided to bring happiness and appreciation
to families from partner barangays of the university by giving them food and clothing donated by
those who volunteered to participate in the project, as well as joy and new memories as they
interacted with them and had fun.
This Extension and Outreach program week was a fruitful and successful event. 100
percent of the faculty and staff were involved in the community. In addition, 70 student leaders
and volunteers participated in the community and several students participated in extension
activities by giving donations and repacking groceries.
Rationale
Small and Medium Enterprises (SMEs) are essential to the economy's growth. It provides
opportunities for entrepreneurs, generates employment, and develops rural areas. SMEs created 82
percent of jobs in Ghana in 2016 (Amoah & Amoah, 2018). In addition, SMEs eradicates poverty
between the years 2001 to 2017 in Pakistan through an increase in employment growth (Zafar et
al., 2019). Al-Haddad et al. (2019) supported that SMEs reduce poverty since it increases the
income of individuals. These are pieces of evidence that SMEs contribute to the growth of a
nation's economy.
In the Philippines, SMEs have the biggest number of contributions to the Philippine Gross
Domestic Product (GDP). According to the Department of Trade and Industry [DTI] (n.d.), the
total number of businesses is 1,080,810, and 99.58 percent are SMEs that produced 64.67 percent
or 5,461,731 jobs in the country. Mapa (2022) informed that one of the main contributors to the
GDP growth in the third quarter of 2022 was SMEs in the wholesale and retail trade
sector. Therefore, these SMEs play a vital role in the economy.
Challenges are part of growth. The SMEs encountered challenges despite their contribution
to the country. Amoah and Amoah (2018) identified problems faced by the SME sector, such as a
lack of managerial skills, record bookkeeping, and access to the global market. For these reasons,
Tambunan (2019) concluded recommendations to assist SMEs with their problems (1) provide
training, (2) provide funding with low interest, and (3) provide financial support for beginners.
These problems, challenges, and struggles that the SME sector experienced can be avoided by
equipping them.
To assist and contribute to the raised problems of MSEs, there will be a partnership between
the Wesleyan University – Philippines Cushman Campus and Wesleyan University – Philippines
Aurora Campus that aims to conduct a Financial Literacy Program on December 06, 2022, at Brgy.
Dianawan, Maria Aurora, Aurora. The activity is entitled “Be Financial Literate: A financial
literacy program for small scale business owners “with the resource speakers Prof. Mary Berly
Salvador, Prof, Kristan Licaycay, CPA and Prof. Ronnie Joseph Odulio, CPA.
Amoah, S. K., & Amoah, A. K. (2018). The role of small and medium enterprises (SMEs) to
employment in Ghana. International Journal of Business and Economics Research, 7(5),
151-157. https://doi.org/10.11648/j.ijber.20180705.14
Department of Trade and Industry (n.d.). 2021 MSME Statistics. Department of Trade and
Industry [DTI]. https://www.dti.gov.ph/resources/msme-statistics/
Mapa, D. (2022, Nov 10). GDP expands by 7.6 percent in the third quarter of 2022. Philippine
Statistics Authority [PSA]. https://psa.gov.ph/content/gdp-expands-76-percent-third-
quarter-2022
Tambunan, T. (2019). Recent evidence of the development of micro, small and medium enterprises
in Indonesia. Journal of Global Entrepreneurship Research, 9(1), 1-15.
https://doi.org/10.1186/s40497-018-0140-4
Zafar, M., Waqas, M., & Butt, M. N. (2019). The role of small and medium enterprises on poverty
reduction in developing country: a case of Pakistan. Business & Economic Review, 20(3),
703-713. https://www.researchgate.net/
The Philippines commemorates the longest Christmas holiday worldwide. When the month
of September arrives, Christmas songs and decorations are everywhere that evidence the Christmas
season is coming. In addition, Christmas is a gift-giving season. According to Caplow (1982),
Christmas is a symbol of social bonds. A private organization, institutions, and individuals extend
their hands to less fortunate families, individuals, and barangays to share their blessings. 33.6% of
annual donations from the United States throughout the Christmas celebrations (Müller & Rau,
2019).
Third-world countries, wherein the Philippines belongs are still in the process of recovering
from the losses from the global pandemic last 2020 due to Coronavirus disease (COVID-19) which
led to numerous lockdowns occurred. Everyone is affected by this situation, especially minimum
wage earners. Therefore, it is important for the less fortunate families to look and aid from support
from the Local Government Unit (LGUs), and private sectors.
Wesleyan University is a non-profit organization and a Methodist institution. It extends its
helping hand since 1994 and with the support of the Christian Children's Fund, Inc. (CCF), reached
out to 24 municipalities in Nueva Ecija and five barangays in Bataan in 1970 (WU-P, 2021). Now,
there are four existing partner barangays: Purok Manggahan, Pangatian, Purok Riverside
Pangatian, Brgy. Kalikid Norte and Brgy. Bakod Bayan that receives 60 grocery packages each
barangay. The College of Business and Accountancy also extends its helping hands to two
barangays from Maria Aurora, Aurora namely: Brgy. Bayanihan and Brgy. Diana receives 100
and 40 grocery packages respectively. This was with the partnership with Wesleyan University –
Philippines Cushman campus and Aurora campus.
References
Caplow, T. (1982). Christmas Gifts and Kin Networks. American Sociological Review, 47(3), 383–
392. https://doi.org/10.2307/2094994
Müller, S., & Rau, H. A. (2019). Too cold for warm glow? Christmas-season effects in charitable
giving. PloS one, 14(5). https://doi.org/10.1371/journal.phone.0215844
Wesleyan University-Philippines (2021). https://www.wesleyan.edu.ph/
“Be Financial Literate: A financial literacy program for small-scale business owners”
Brgy. Dianawan, Maria Aurora, Aurora
December 06 – 07, 2022
The 40 attendees of the financial literacy entitled “Be financial Literate: A financial literacy
program for small-scale business owners of Brgy. Dianawan, Maria Aurora, Aurora with
Associate Dean, Faculty in-charg, and student leaders.
Associate Dean, Jelwin D.L. Bautista, CPA, MBA delivers a warm opening remarks to the
attendees and Prof. Liezl Del Rosario , CPA introduces the resource speakers.
Prof. Mary Berly M. Salvador, BSBA Program head; Prof, Kristan M. Licaycay, BSA
Program Head and Prof. Ronnie Joseph Odulio, CPA, JPIA adviser.
“Gift-Giving”
Brgy. Bayanihan, Maria Aurora, Aurora
December 06 – 07, 2022
The opening prayer was led by one of the beneficiaries of the Brgy. Bayanihan, Maria
Aurora, Aurora, and the officer in-charge from their barangay gave the welcome
remarks.
The resource speakers, faculty in-cahrge and student leaders for the event.
The 500 students of Wesleyan University - Philippines Aurora Campus who learned and
listened to the seminar with the partnership with East West.
The opening remarks of Associate Dean. Jelwin D.L. Bautista, CPA, MBA and the
resource speaker, Dr. Dennis M. Layug during his speech.
“Gift-Giving”
University’s Partner Barangays:
Brgy. Kalikid Norte, Brgy. Pangatian and Brgy. Bakod Bayan
December 09, 2022
CERTIFICATES
PROGRAMS
BENEFICIARIES
Brgy. Riverside, Pangatian
Children
Below is the link for the video during the outreach activity with the students, volunteers,
faculty and staff of College of Business and Accountancy.
https://www.facebook.com/wupcba/videos/1380150635850967
The Extension and Outreach program week was productive and successful. 100 percent of
the professors and staff participated in community activities. In addition, 70 student leaders and
volunteers gave back to the community, and some students took part in outreach initiatives by
repackaging goods and collecting donations.
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