Business Opportunities For Fishermen In Selected Barangay In Malolos Coastal Areas Through Economic Sustainability

Abstract

The abundance of marine life and rich aquatic resources are some of the reasons why people in coastal areas particularly in the City of Malolos are engaged in fish catching as the main source of their income. However, as time went on, many things affect the fishing industry such as water pollution, overfishing, muro-ami fishing techniques, increased in the number of a fish pond, fishery resources destruction (dynamite fishing), habitat loss ( mangrove conservation), etc. these situations of Marine life really affects the economic condition of the fishermen and led to poverty and its effects is the fishermen tend to seek for other business opportunities. In line with this, this study focused on assessing the skills and training of fishermen and their relatives that would help them find sustainable business opportunities. The subject of this study involved 100 randomly selected fishermen and their relatives in three-selected barangay such as barangay Caliligawan, Masile, and Namayan in the City of Malolos coastal areas. In order to gather data, the researcher used descriptive and qualitative techniques. The instrument used in the study was developed by the researcher and validated by the experts in the field. The data gathered were tabulated and treated using frequency, percentage mean and ranking. The analysis revealed the following: The total number of sari-sari store in three selected barangays varies through the total number of population; Most of the respondents in coastal areas are of legal age and capable of handling business; Most of the respondents in coastal areas are willing to have training such as automotive and merchandising for their business opportunities; Most of the respondent in coastal areas are married the reason why they are willing to have the training to have business opportunities that may help them to prepare the future of their children; Among the three selected barangay in coastal areas barangay Masile have the highest educational attainment while the respondents in other two barangays are mostly in elementary level; Most of the respondents belong to “Samahang Kababaihan” in coastal areas; Most of the respondents are resourceful to look for their financial resources; Some of the respondents have no formal training from Local Government and NGO and most of them gained their knowledge by observing and through media particularly the television; lastly most of the respondents in coastal areas are not aware that some of the resources and materials around them can be used as business opportunities. The output of this research is highly recommended for the Extension Service of the different colleges of the Bulacan State University.