PERFORMANCE CRITERIA REQUIRED ELEMENT Italicized terms are KNOWLEDGE AND REQUIRED SKILL elaborated in the ATTITUDE Range Statement 1. Prepare 1.1Farm Cost are Budget Plan Computing farm cost budget plan computed based on Computation of Identifying Financial farm activities farm budget Service Providers 1.2 Financial Service Different Financial Selecting Financial Providers are Service Providers Service Providers identified based on Criteria in selecting Compiling details of requirement Financial Service budget plan 1.3 Sources of Financial Providers Services are selected Simple Analysis based on requirement Compilation of 1.4 Details of budget plan details of budget are compiled plan Attitude: Patient Hardworking Detail Oriented Cost-efficient Resourceful 2. Apply budget 2.1 Membership Membership Complying with plan requirements in an requirements in an membership organization is organization requirements complied on Loan process and Filling-up of required standard procedures payment forms 2.2 Loan application Payment of Submitting of basic documents and financial obligation loan requirement requirements are Financing terms Communication submitted based on and conditions skills industry procedures Settling loan 2.3 Financing is availed Attitude: amortization and on farm plan Hardworking other financial schedule Disciplined obligations 2.3 Financial obligations Diligent are settled based on Accuracy budget allocation Diplomatic Appreciative Business minded Detail Oriented 3. Invest farm 3.1 Saving is practiced Computation of net Saving money income following budget plan income, dividend, regularly 3.2 Assets are acquired patronage refund, Acquiring additional 3.3 Farm expansion and and interest on assets diversification is savings Investing in farm funded following Investment options expansion and budget plan diversification Attitude: Maximizing use of Calculated risk resources taker
ELEMENT PERFORMANCE CRITERIA Italicized terms are elaborated in the Range Statement REQUIRED KNOWLEDGE AND ATTITUDE REQUIRED SKILL 1. Prepare budget plan 1.1Farm Cost are computed based on farm activities 1.2 Financial Service Providers are identified based on requirement 1.3 Sources of Financial Services are selected based on requirement 1.4 Details of budget plan are compiled Budget Plan Computation of farm budget Different Financial Service Providers Criteria in selecting Financial Service Providers Simple Analysis Compilation of details of budget plan Attitude: Patient Hardworking Detail Oriented Cost-efficient Resourceful Computing farm cost Identifying Financial Service Providers Selecting Financial Service Providers Compiling details of budget plan 2. Apply budget plan 2.1 Membership requirements in an organization is complied on standard procedures 2.2 Loan application documents and requirements are submitted based on industry procedures 2.3 Financing is availed on farm plan schedule 2.3 Financial obligations are settled based on budget allocation Membership requirements in an organization Loan process and payment Payment of financial obligation Financing terms and conditions Attitude: Hardworking Disciplined Diligent Accuracy Diplomatic Appreciative Business minded Detail Oriented Complying with membership requirements Filling-up of required forms Submitting of basic loan requirement Communication skills Settling loan amortization and other financial obligations 3. Invest farm income 3.1 Saving is practiced following budget plan 3.2 Assets are acquired 3.3 Farm expansion and diversification is funded following budget plan Computation of net income, dividend, patronage refund, and interest on savings Investment options Attitude: Calculated risk taker Saving money regularly Acquiring additional assets Investing in farm expansion and diversification Maximizing use of resources
TR%20AGROENTREPRENEURSHIP%20NC%20II.docx