With only a starting capital of 30,000 pesos, Alexander Parel and his family set up Antigua de Madera Furniture in the 1990s. Venturing into your own business would not always be going to be a smooth sailing flow. Alexander experienced hardships when it comes to handling its program shift.
After KMME, he is now well-equipped with the right skills in managing his business as he does not depend on others that much anymore. The business is now more organized because it has a system. He also learned how to handle his employees through modules on human resource management. “Ang KMME ay susi sa pag-unlad ng negosyo,” he said.
Antigua de Madera Furniture has increased its sales by 40% and has been granted a 1.5 million pesos worth of loan from Department of Science and Technology. Department of Trade and Industry also helped the business tap regular customers during its National Trade Fair. The enterprise is now also seeking additional capital for raw materials to make more furniture products for its customers.
The Kapatid Mentor ME (KMME) is a joint program of the Philippine Center for Entrepreneurship – Go Negosyo and Department of Trade and Industry which aims to help Micro, Small and Medium Entrepreneurs scale up their business through weekly coaching and mentoring by business owners and practitioners on different functional areas of entrepreneurship to be held in Negosyo Centers nationwide. New batches of KMME will roll out nationwide this 2018! #DTIGoNegosyoMentorME