Professional Documents
Culture Documents
In Partial Fulfillment
of the Requirements for the Degree
Bachelor of Science in Accounting Technology
October 2016
APPROVAL SHEET
The undergraduate thesis entitled CREDIT UARANTEE SCHEME IN METRO CEBU
prepared and submitted by LOUISE VIRGINIA B. ARES, CAADA H. CERYLENE, VON
ALDRECK E. SOLMAYOR, and MARK BONIE J. SURIGAO in partial fulfillment of the
requirement for the degree in BACHELOR OF SCIENCE IN ACCOUNTANCING
TECHNOLOGY has been examined and is recommended for acceptance and approval for ORAL
EXAMINATION.
Eleanor D. Paclijan,CPA,MSA
Member
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ACKNOWLEDGMENT
The researchers are more than grateful for those who, in one way or another, contributed
to the completion of this proposal. First and foremost, to God, our Almighty Father for having
graced us with enlightenment and strength.
To our professor, Dr. Challoner Matero, who spent his time laying down a good foundation
enabling us to come up with this actual study. He has equipped us with the proper knowledge
necessary for this undertaking.
To the panel members, Mrs. Eleanor Paclijan, Dr. Marites Khanser, and Mr. Richie Tejana,
for their insight, support and professional comments of the actual study conducted.
To their classmates who willingly helped them in clearing out the ambiguities encountered
during the development of this proposal. It was endearing how they never showed any hesitation
when the researchers were asking for a helping hand.
To their parents, who seemingly is impossible to thank them enough for their undying
support and encouragement.
Lastly, to the University of San Carlos, for allowing us to study within its hallowed halls
thereby giving us the best education that money could offer and a range of experiences invaluable
and unattainable in any other top tier university.
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TABLE OF CONTENTS
Chapter 1: Introduction.............1
Rationale...2
Statement of the Problem ......4
Significance of the Study ......4
Scope and Limitations ..............5
Definition of Terms ......6
Organization of the Study.....7
Guarantee Fees...............13
Operation of the Schemes......15
Constraints in Implementing CGS .....17
Current Framework in CGS ........18
Theoretical Framework ..20
Funded Approach ...........20
Unfunded Approach ...............20
Individual Approach .......20
Portfolio Approach .........22
Enterprise-oriented Approach ........23
Institution-oriented Approach ........23
Ex-ante guarantee approach ........24
Ex-post guarantee approach ....24
Mutual guarantee approach ........25
Each approach has its advantages and limits .......26
Conceptual Framework ......28
Constraints .32
Interview 32
Research Procedures.......32
Data collection ....... 32
Data Analysis..........32
Bibliography..33
Appendices.36
Curriculum Vitae..37
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LIST OF TABLES
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LIST OF FIGURES
Figure 1 Credit Guarantee Scheme, Japan......16
Figure 2 Individual Guarantee Approach ......... 21
Figure 3 Portfolio Guarantee Approach .........................22
Figure 4 Institution-oriented Guarantee Approach ....23
Figure 5 Ex-ante guarantee approach. .......24
Figure 6 Ex-post guarantee approach ....25
Figure 7 Mutual guarantee approach......24
Figure 8 Theoretical Framework .......27
Figure 9 Conceptual Framework ...........................................................................................28
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