Weaving Dreams

“Dreaming without an action is a WISH but Dreaming with an action is what we call DECISION!”

Success stories …

Dreamweavers of Lake Sebu - a T’boli cooperative giving livlihood projects

for T’boli women in Lake Sebu.Lamlifew Weaving Center

- a livelihood project became a tourist attraction involving B’laan women.

Challenges for Weave-making industry…

Diminishing number of or ageing skilled weavers, Market development Enterprise management Product development Technology Gender equality issues on multiple role of women Lack of credit for the weaving industry.

DESCRIPTION OF VENTURE

A business venture that is owned and managed by its members.

A cooperative involve in the production and in the marketing of the products hand-made by its members.

The cooperative will diversify into the production and trading of agricultural products

Vision We envision an interconnected system of worker-owned cooperatives that fosters fairness and abundance to the members and local communities, harmoniously functions with local stakeholders, supports just, safe and democratic worker environments, and provides the basis for a joyful and prosperous community for all.

Mission To alleviate B’laan women and their families from poverty by creating a livelihood opportunity through turning the traditional endeavor of weaving into a self-sustaining enterprise.

ValuesA cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.

Principles  Voluntary and Open Membership Democratic Member Control Member Economic Participation Autonomy and Independence Education, Training and Information Cooperation among Cooperatives Concern for Community

OBJECTIVE To provide a livelihood opportunity to B’laan weavers,

alleviating them from poverty; Safeguard the B’laan tradition of weaving and other

accessories; Provide subsistence employment for members; Build unity amongst members; Build capacity for self-reliance and self-management;

Self-support the project’s various initiatives through fund-raising;

OBJECTIVEExpand the co-operative movement in the community by

working with other cooperatives and doing education work;

Facilitate registration;Highlight financial requirements for fundraising and

sourcing of capital;Provide a plan for the start-up and development of the

co-operative over time;Provide an evaluation tool to assess the progress and

development of the cooperative.

PRODUCTION PLAN Start with a research

involve one-on-one interviews with the weaver

Weaving Dreams will provide the necessary facilities for the production, including the weaving equipment and other raw materials.

OPERATIONAL PLAN

LocationWeaving Dreams will be situated in Barangay Alnamang,

Polomolok South Cotabato

Operating HoursFollow the 48-hours work per week. Open on weekdays and Saturdays from 8 a.m. to 5 p.m.

MARKETING PLAN

Packaging,and product catalog Produce marketing and sales materials; develop a better packaging systems for the productsOn-site retail stores. Tourist pasalubong center. Fair Trade organizations E-CommerceDevelop an online store to increase the worldwide accessibility of the products. Partnership with LGU’s, NGO’s and other organizations; Create and generate connections with the local government, private corporations and other NGO’s like DTI, Mahintana, Dreamweavers, Lamlifew and others. 

MARKETING PLAN

Product Development. Partners with local producers and organization for the new product development.      Marketing AssistanceParticipate in the domestic and international fairs, trade referrals, bridal fairs, etc. Branding and identity system.Create a brand and an identity that serves as the face of the organization. Focus on historical, cultural and even anthropological importance

Document information on the history of the products; background of the B’laan tribe, and the creation of the design and the realization of the products.  

ORGANIZATIONAL PLAN

ASSESSMENT OF RISKS

No. Risk Rating Contributing Factors Mitigating Factors

1 Low sales turn-out D New product line, customers lack information.

Extensive marketing strategy

2 Very few skilled workers C Diminishing interest on tradition

Conduct trainings.

3 Lack of transport to take materials to production area;

B Poor road condition, rates not yet standardize

Contract out hauling.

4 Lack of transport to take finish products to the market;

C Poor road condition, rates not yet standardize

Contract out hauling.

5 Insufficient self-management skills; D Low educational attainment

Conduct seminars and trainings. Hire professional individual to manage.6 Lack of operational infrastructure; D Not enough capital Lease buildings.

FINANCIAL PLAN

Year 1 Year 2 Year 3

Organization Registration 30,000 Building Lease 36,000 Land Purchase 80,000 Building Construction 420,000 Salaries 312,000 327,600 343,980 Advertising 24,490 25,715 27,000 Utilities 15,000 15,750 16,538 Office Supllies 6,000 6,300 6,615 Furniture & Equipment 15,000 15,750 16,538

Estimated Total Cost PHP 438,490 PHP 471,115 PHP 830,670

Estimated CostMajor Items

FINANCIAL PLAN

Twelve-month sales forecast Weaving Dreams Inc. Fiscal Year Begins Jan-13

Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13Annual Totals

Cloth 1 units sold 10 10 15 15 15 18 18 18 18 18 20 20 195

Sale price @ unit 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00

Cat 1 TOTAL 15,000 15,000 22,500 22,500 22,500 27,000 27,000 27,000 27,000 27,000 30,000 30,000 292,500

Cloth 2 units sold 8 8 10 10 10 12 12 12 15 15 15 15 142

Sale price @ unit 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00

Cat 2 TOTAL 20,000 20,000 25,000 25,000 25,000 30,000 30,000 30,000 37,500 37,500 37,500 37,500 355,000

Cloth 3 units sold 20 20 25 25 25 20 20 20 20 20 25 25 265

Sale price @ unit 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00

Cat 3 TOTAL 20,000 20,000 25,000 25,000 25,000 20,000 20,000 20,000 20,000 20,000 25,000 25,000 265,000

Mat units sold 15 15 20 20 20 25 25 25 25 25 25 30 270

Sale price @ unit 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00

Cat 4 TOTAL 7,500 7,500 10,000 10,000 10,000 12,500 12,500 12,500 12,500 12,500 12,500 15,000 135,000

Accesory 1 units sold 100 100 150 150 150 180 180 180 180 200 200 200 1970

Sale price @ unit 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00

Cat 5 TOTAL 3,000 3,000 4,500 4,500 4,500 5,400 5,400 5,400 5,400 6,000 6,000 6,000 59,100

Accesory 2 units sold 100 100 100 130 130 130 140 140 140 160 160 160 1590

Sale price @ unit 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00

Cat 6 TOTAL 5,000 5,000 5,000 6,500 6,500 6,500 7,000 7,000 7,000 8,000 8,000 8,000 79,500

Cat 7 units sold 30 30 30 30 40 40 40 40 80 80 100 100 640

Sale price @ unit 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00

Cat 7 TOTAL 1,800 1,800 1,800 1,800 2,400 2,400 2,400 2,400 4,800 4,800 6,000 6,000 38,400

Monthly totals: All Categories 72,300 72,300 93,800 95,300 95,900 103,800 104,300 104,300 114,200 115,800 125,000 127,500 1,224,500

12-month Sales Forecast

FINANCIAL PLAN

Pro-Forma Income StatementWeaving Dreams, Inc.

For 2013 through 2016

REVENUE 2013 2014 2015 2016Gross sales PHP 1,224,500 PHP 1,297,970 PHP 1,427,767 PHP 1,570,544

Net Sales PHP 1,224,500 PHP 1,297,970 PHP 1,427,767 PHP 1,570,544

COST OF SALESBeginning inventory PHP 0 PHP 0 PHP 0 PHP 0

Plus goods purchased / manufactured 908,215 953,626 1,001,307 1,051,372Total Goods Available PHP 908,215 PHP 953,626 PHP 1,001,307 PHP 1,051,372

Less ending inventory 119,815 125,806 132,096 138,701Total Cost of Goods Sold PHP 788,400 PHP 827,820 PHP 869,211 PHP 912,672

Gross Profit (Loss) PHP 436,100 PHP 470,150 PHP 558,556 PHP 657,872

OPERATING EXPENSESSelling

Salaries and wages PHP 72,000 PHP 75,600 PHP 79,380 PHP 83,349Advertising 24,490 25,715 27,000 28,350

PHP 96,490 PHP 101,315 PHP 106,380 PHP 111,699

Total Selling Expenses

General/AdministrativeSalaries and wages PHP 240,000 PHP 252,000 PHP 264,600 PHP 277,830Utilities 15,000 15,750 16,538 17,364Office supplies 6,000 6,300 6,615 6,946Furniture & equipment 15,000 15,750 16,538 17,364

PHP 276,000 PHP 289,800 PHP 304,290 PHP 319,505

PHP 372,490 PHP 391,115 PHP 410,670 PHP 431,204

Net Income PHP 63,610 PHP 79,036 PHP 147,886 PHP 226,668

FINANCIAL PLAN

Pro-Forma Balance SheetWeaving Dreams, Inc.

For 2013 to 2016

ASSETS 2013 2014 2015 2016Current AssetsCash PHP 62,184 PHP 126,234 PHP 202,851 PHP 215,022Net accounts receivable 16,852 21,652 23,817 20,652Inventory 119,815 125,806 132,096 138,701

Total Current Assets PHP 198,851 PHP 273,692 PHP 358,764 PHP 374,375

Fixed AssetsLong-term investments PHP 0 PHP 0 PHP 0 PHP 0Land 0 60,000Buildings (net of depreciation) 0 54,000Plant & equipment (net) 0 60,000Furniture & fixtures (net) 15,000 15,750 16,538 17,364

Total Net Fixed Assets PHP 15,000 PHP 15,750 PHP 76,538 PHP 131,364

TOTAL ASSETS PHP 213,851 PHP 289,442 PHP 435,302 PHP 505,740

LIABILITIESCurrent LiabilitiesAccounts payable PHP 78,840 PHP 82,782 PHP 86,921 PHP 91,267Short-term notesCurrent portion of long-term notesAccruals & other payables

Total Current Liabilities PHP 78,840 PHP 82,782 PHP 86,921 PHP 91,267

SHAREHOLDERS' EQUITYCapital stock PHP 68,265 PHP 72,361 PHP 76,703 PHP 81,305Retained earnings 66,746 134,299 271,678 333,168

Total Shareholders' Equity PHP 135,011 PHP 206,660 PHP 348,381 PHP 414,472

TOTAL LIABILITIES & EQUITY PHP 213,851 PHP 289,442 PHP 435,302 PHP 505,740

Thank you!