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Financial Demands and Funds to Support Community Enterprise in Cotton Products: A Case Study of the Cotton Hands Weaving Groups at Sobtia Sub-district, Chom Thong District, Chiang Mai Province
| Content Provider | Semantic Scholar |
|---|---|
| Author | Chaiprakong, Thodsaporn Manola, S. S. |
| Copyright Year | 2015 |
| Abstract | The objective of this research was to study the financial demands and funds to use for Community Enterprise for Cotton products: A Case study of The Cotton Hands Weaving Groups at Sobtia Sub-district, Chom Thong District, Chiang Mai Province. The examples for data collecting were 20 by using questionnaires and analyzed by description and percentage method. Sobtia Sub-district has 21 small villages. It is situated on the hillside and the lowland full of field for crops including cotton fields. This research provided a knowledge management to improve the business community in cotton products for studying the cotton productions of Community Enterprise in Weaving Cotton Products Groups of Sobtia Sub-district, Chom Thong District, Chiang Mai Province. The groups produce the Cotton production. The group members are farmers and gardeners, most of them are under graduated and earn below 5,000 baht per month. After their work in the field, they weave the cotton to make products from the orders. They are professional because they have experience for over 15 years. They can produce more products according to orders in their free time but the shortage of raw materials is one of the recent problems because they have the high expenditures so they can produce less products. They must find the funds and capital to run their business instead of their own capital. According to questionnaires, most of them want short-term loan for buying raw materials, tools and also labor wages which is cost paying from government financial institution. The main problems are the demand of working capital and study the conditions for loans from financial institutions. The example groups are cotton manufacturers with knowledge and expertise in manufacturing. They would like to contribute their knowledge and experience among their groups in the community. From this point, the researchers were interested in finding the funds and capital for these groups in order to solve their recent problems. Additionally, the study found that high interest rate, insufficiencies for guaranteed estate for loan, inadequate financial information and knowledge in loaning and also new technology for their products cycle. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://sibresearch.org/uploads/3/4/0/9/34097180/riber_s15-158_195-204.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
