THE IMPACT OF DEBT IN A SARI-SARI STORE IN DEL PILAR

CASTILLEJOS, ZAMBALES

Presented To The Faculty

COLLEGE OF SUBIC MONTESSORI – ZAMBALES INC.
SUBIC, ZAMBALES

A Final Requirement For The Subject

INQUIRY, INVESTIGATION and IMMERSION

BY
CHRISTINE B. GONZALES

MARCH 18, 2019

 Republic of the Philippines
College of Subic Montessori-Zambales, Inc.
Subic Zambales
________________________________________________________________________

APPROVAL SHEET

A final requuirements for the subject Inquiry, Investigation and Immersion. This

Research entitled THE IMPACT OF DEBT IN A SARI-SARI STORE IN DEL

PILAR CASTILLEJOS, ZAMBALES has been prepared and submitted by

CHRISTINE B. GONZALES who is hereby recommended for acceptance and approval.

Ms. Evalyn C. Oliva

Research Adviser

APPROVED by the Oral Examination Committee

Ms. Ara Carla Evidente Mr. Allan J. Lazaro

Panelist Panelist

Mrs. Febralyn F. Pader

Advisory Committee

ACCEPTED and APPROVED as a Requirement for the Senior High School.

Approved:___________ Analine A. Maningding

School Administrator

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 ACKNOWLEDGEMENT

In creating this research paper there are people who guided and gave knowledge to

the researcher on how to create this research paper.

The researcher would like to thank Ms. Evalyn Oliva the Inquiry, Investigation

and Immersion teacher who taught and help the researcher on how to create a researcher

paper. Who is always there when the researcher needed an advice on how to build or

create a good research work.

Specially, the researcher would like to thank Mrs. Yvette Velasquez, the

researcher’s second mother who is always there to support, motivate and help the

researcher to give the best to this study.

The researcher would also like to thank, the family who gave financial support,

guidance and motivation.

The researcher’s friends also included for helping and motivating in point of giving

up.

Then for the respectful panelist, Ms. Ara Carla Evidente and Mr. Allan J.

Lazaro thank you for helping and giving some advice that the researcher used to improve

this researcher work.

May this research paper be helpful for future researchers. The help and guidance of

every person who helped the researcher are all worth it. THANK YOU SO MUCH!

C. B. G

The Researcher

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 ABSTRACT

Title: The Impact of Debt in a Sari-Sari Store in Del Pilar Castillejos, Zambales

Researcher: Christine B. Gonzales

Course: Accountancy and Business Management

Date: January 20, 2019

School: College of Subic Montessori-Zambales Inc.

School Year: 2018-2019

Adviser: Ms. Evalyn C. Oliva

The central topic of this proposal is to know the impact of debt in a sari-sari store in

Del Pilar Castillejos, Zambales. The researcher need to gathered information in order to

analyze and to resolve the given problem, by the help of estimated twenty respondents

who are the sari-sari store owners.

The research study composed of five chapters; Chapter one or the problem and its

background wherein it explains the introduction, background of the study, statement of

the problem, scope and limitations and significance of the study; Chapter two or the

framework of the study discusses the review of related literature, the theoretical

framework, conceptual framework, the hypothesis and the definition of terms.

Chapter three or the research methodology it contains research design, research

locale, the respondents, sampling, data collection instruments, validation of data, sample

questionnaire, data gathering procedure, and treatment of the problem.

Chapter four or the presentation, analysis and interpretation of data it contains the

evaluation of the data gathered and finding out if there is any significant between those

data.

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 Chapter five or the summary of findings, conclusions and recommendations

contains the overall point of view of the research study.

Statement of the Problem

This study aims to determine the Impact of Debt in a Sari-Sari Store in Del Pilar

Castillejos, Zambales.

1. What are the profiles of the respondents?

1.1 Name

1.2 Sex

1.3 Age

2. What is the importance of listing the creditor’s name, value of their debt, and date

when they borrowed?

3. How much is debt limited amount for every creditors?

4. Is there any significance change in determining the impact of debt in a sari-sari

store?

Research Design

The researcher will use a survey for the sari-sari store owner to determine if there

is any significant in the impact of debt in a sari-sari store in Del Pilar Castillejos,

Zambales.

*First, a letter for the owner to ask some permission before conducting the research

survey.

*Survey questionnaires that will be answered by the sari-sari store owners.

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 On this process the research may be able to make a corresponding program that

answers the problem in the former part of this research.

To fulfill this task there is a sample questionnaire below, that the respondents need

to answer to find out the impact of debt in a sari-sari store.

Summary of Findings

This study is conducted for the purpose of determining THE IMPACT OF DEBT

IN A SARI-SARI STORE IN DEL PILAR CASTILLEJOS, ZAMBALES. The

descriptive method is used for this research that will provide description of the

respondents and answered survey questionnaires. There are a lot of possible respondents

who are the sari-sari store owners but the researcher just focuses on twenty (20) sari-sari

store owners at Del Pilar Castillejos, Zambales. This study is considered to be

convenience sampling a non-probability sampling technique; the samples are selected

because they are approachable to the researcher. This technique is considered to be easiest,

cheapest and least time consuming. The study was conducted for at least three (3) weeks.

This study used paper-pencil questionnaires.

The findings of the study are summarized below:

1. 1,000-2,000 is the most preferred limited amount of some store owners for their

customers.

2. Strongly agree got a higher response, ten (10) out of twenty (20) respondents answered

that they are strongly agree that the creditors debt can affect on their business.

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3. Some store owners believe that the impact of debt in their business is the possibility of

bankruptcy, lessen their business income, their business will be less productive, their

business will not grow and their business will be stable.

4. Strongly agree got a higher response, nine (9) out of twenty (20) respondents answered

that if they limit the amount of debt for every customer can help them to get more profit

for a day.

Conclusion

This research investigated the impact of debt in a sari-sari store in Del Pilar

Castillejos, Zambales. The research survey respondents composed of twenty (20) sari-sari

store owners.

Based on the summary of findings, the researcher concluded that the store owners

believe that the impact of debt in their business is the possibility of bankruptcy, lessen

their business income, their business will be less productive, their business will not grow

and their business will be stable. Some of the store owners limit the amount of debt for

every customer for them to minimize the possibility of bankruptcy of their business.

The debts have big impact in a business, especially in a small business like sari-sari

stores. Some of the creditors didn’t pay well and those debts reduced the progress of the

business. The most preferred limited amount of some store owners is one thousand (1,000)

to two thousand (2,000) pesos for every customer. Debts have big impact, yet they should

have some strategies or solutions to help the business grow. The success of the business is

not all about having a lot of profit for a day; it’s about how the owners manage it. Listing

the names of the creditors, value of their debts and date when they borrowed is already

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used mostly of the sari-sari stores in Del Pilar Castillejos, Zambales for them to remind

the creditors about their past or new debts.

Recommendations

The researcher has offered the following recommendations:

1. The store owners should be wise in allowing creditors to borrowed goods or money

to have assurance that those debts will pay back according to the agreement and no one

will run or totally don’t pay on their debts.

2. The store owners should provide the limited amount for every customer for them to

get balance income and debt on their business.

3. The store owners should allow the creditors to borrow again if the past debts are

already paid, to lessen the unpaid bills of the creditors.

4. Having a lot of customers is better for a business, because the more customers the

more profit the business may have.

5. Creating a good relationship towards your customers is a great marketing strategy,

get their satisfaction by your service and products can build their trust and wants you to

be their regular supplier or seller.

6. Creating some plans and strategy for the business can be used to help for not

staying stable it should have changes or progress.

7. This study will help some store owners who are inclined in allowing creditors to

borrow goods for them to notice how debt can affect on their business progress.

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8. This study will help the future researcher, who is going to conduct the related study

about the impact of debt in a small business or other research study about debt and sari-

sari stores, this can be used as a based on how to create a good research work.

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 TABLE OF CONTENTS

Title Page............................................................................................................................i

Approval Sheet..................................................................................................................ii

Acknowledgement............................................................................................................iii

Abstract.............................................................................................................................iv

Table of Contents .............................................................................................................x

Chapter 1: Problem and Its Background

Introduction......................................................................................................1

Background of the Study.................................................................................2

Statement of the Problem.................................................................................3

Scope and Limitations......................................................................................3

Significance of the Study.................................................................................3

Chapter 2: Framework of the Study

Review of Related Literature...........................................................................5

Theoretical Framework....................................................................................7

Conceptual Framework....................................................................................9

Null Hypothesis...............................................................................................9

Definition of Terms..........................................................................................9

Chapter 3: Research Methodology

Research Design.............................................................................................10

Research Locale.............................................................................................11

The Respondents............................................................................................12

Sampling........................................................................................................12

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 Data Collection Instruments...........................................................................13

Validation of Data...........................................................................................13

Data Gathering Procedure...............................................................................13

Sample Questionnaire.....................................................................................14

Treatment of Data...........................................................................................15

Chapter 4: Presentation, Analysis and Interpretation of Data

Table 1: Distribution of Ages of Store Owners..............................................17

Table 2: Distribution of Sex of Store Owners................................................18

Table 3: Distribution of Debt Limited Amount..............................................19

Table 4: Store Owners Level of Agreement...................................................20

Table 5: Store Owners Level of Agreement...................................................21

Table 6: Creditors Frequency of Paying Their Debts.....................................22

Table 7: Effects of Debt in a Business............................................................23

Chapter 5: Summary of Findings, Conclusions and Recommendations

Summary of Findings......................................................................................24

Conclusions.....................................................................................................25

Recommendations...........................................................................................26

Bibliography....................................................................................................................27

Appendices.......................................................................................................................28

Appendix A: Letter of Intent............................................................................29

Appendix B: Survey Questionnaires.................................................................30

Appendix C: Photos of the Stores

Where the Survey Questionnaires Distributed..................................................31

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 Appendix D: Computations, Decision and Hypothesis....................................34

Table 1: Computation of Mean………………………………………......…...34

Table 2: Computation for Debt Limited Amount……………………...……..34

Table 3: Computation for Store Owners

Level of Agreement..………………………………………………......….….36

Table 4: Computation for Store Owners

Level of Agreement..………………………………………………...……….38

Table 5: Computation for Creditors

Frequency of Paying Their Debts……………………………………….…....40

Table 6: Computation for

Effects of Debt in a Business………………………………………………....42

Curriculum Vitae………………………………………………………….…..……….45

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