PANABO MULTI-PURPOSE COOPERATIVE

Where people invest in people…

A STORY OF A NANLIMBASOG ENTREPRENEUR


Ms. Jane Synchangco, a regular membeR for 8 Years of Panabo Multipurpose Cooperative, was hailed 2nd Place in the recent 2017 Mass-Specc’s Search For Mindanaw Cooperative Micro-Entrepreneur Award (MICMA) – Nanlimbasog Category, held at  Garden Orchid Hotel , Zamboanga City on  May 26, 2018.

The search aims to showcase entrepreneurial endeavors and members stories of best practices and how the cooperatives support their journey to take root, grow and flourish their enterprise.

The Nanlimbasog Award is for micro-entrepreneurs who successfully started a business that is now a reliable source of income for the family with enterprise asset size below 300,000.

The humble couple, took a chance in food business in the year 2014 when they’ve started a carenderia , with Mr. Ian Sychnagco as cook and Mrs. Syngacho as server /cashier through a capital from PMPC.  Before they’ve tarted their food ventures, Mr. Sychangco was a mere bank employee for how many years, while Mrs. Sychangco was a plain housewife.

A year after ,  they ventured into catering business when PMPC  requested from them to cook for lunch with a 3,000 budget.  It was the start of a new beginning, and the rest is history.

At present, the couple is earning not less than 50,000 a month, while their stall at the Panabo City Food Centrum earns more or less 3,000 per day. They were able to employ 3 full time employees and 3-12 students as on-call catering waiters/waitress.  They are now able to provide for their family’s needs and even wants, while touching other people’s lives through employment and earning opportunity.

 

Her entrepreneurial endeavors and story of perseverance and dedication are truly an inspiration to all of us.