Market Research Tool Kit for Microenterprise Survey

Rural Bank of ______Questionnaire No._____

INTRODUCTION: “Good morning/afternoon. I am ______(name) from the Rural Bank of ______. The bank is reviewing its products and services to help improve them. May we ask your help in answering some questions. (Make sure you are talking to the owner.) The interview will take only a few minutes. If it is okay with you, may I start with the questions?”

If the owner is not available on your first visit, get a replacement from the list of substitute respondents. If the owner does not want to be interviewed, respect this view. Say thanks and move to the replacement or your next respondent.

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Barangay ______Interviewer______

City/Municipality ______Date ______

Name of Respondent ______Time Start______Time End______

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INSTRUCTION TO INTERVIEWER: ENCIRCLE THE NUMBER CODE CORRESPONDING TO THE RESPONSE.

A.  RESPONDENT’S PROFILE (Interviewer should ask Question items #2 and 5 towards the end of the interview. You will find the same questions as the last 2 items in the last page of questionnaire.)

1.  Gender:

Male 1 Female 2

2.  Age: (Ask this before ending the interview.)

18-24 1 45-54 4

25-34 2 55-60 5

35-44 3 Over 60 6

3.  Do you presently reside in this town or outside? ______(write answer in the space; then circle answer below) (Dito ba kayo nakatira o sa ibang munisipyo?)

Reside within town (of the bank) 1

Reside in some other town 2

4.  How many years have you lived in your present address?

(Ilangi taon na kayong nakatira sa address nyo ngayon?)

Less than 1 yr 1 >2-5 yrs 3

1-2 yrs 2 Over 5 yrs 4

5. Where would you place your family in this card? (SHOW CARD) (ASK question at the end)

(Saan po ninyo ilalagay ang inyong pamilya sa card na ito?)

Not poor 1

On the line 2

Poor 3

B.  EXPERIENCE WITH BANK

6.  Have you ever used a bank before? (Nakapagbangko na po ba kayo o hindi pa kahit kailan?)

Yes 1

No 2 (SKIP TO Q.8)

7.  If answer to Q.6 is Yes -- Did you use the bank to get a loan, to deposit money or for other services? (MULTIPLE RESPONSE)

(Ginamit mo ba ang bangko para sa pag-utang, para magdeposito o sa iba pang serbisyo?)

For a loan 1

For deposit 2

Other services/Purpose 3

(such as payroll, SSS, pay water/electricity bills)

Don’t Know/No Response 99

C.  AWARENESS OF RURAL BANK OF ______[Name of your bank]

8.  Have you heard of the Rural Bank of ______before or only now? (Narinig nyo na ba ang Rural Bank of ______noon pa o ngayon lang?)

Aware 1 Not Aware 2 (SKIP TO Q.11)

9.  If aware of Rural Bank of ______-- Have you used the services of Rural Bank of ______? (Nakapagbangko na po ba kayo sa Rural Bank of ______?)

Yes 1 No 2 (SKIP TO Q.11)

10.  If answer to Q.9 is yes -- How would you describe the services you received from the Rural Bank of ______? Are you… (Ano po ang masasabi nyo tungkol sa mgai serbisyo ng Rural Bank of ______? Kayo po ba ay… read the choices one by one)

Highly satisfied
(Lubos na nasisiyahan) 1 / Not sure
(Hindi sigurado) 3
Somewhat satisfied
(Medyo nasisiyahan) 2 / Somewhat Dissatisfied
(Medyo di nasisiyahan) 4
Highly dissatisfied
(Lubos na hindi nasisiyahan) 5
D. ABOUT THE BUSINESS

Now let us talk about your business. (Pag-usapan po naman natin ang tungkol sa inyong negosyo)

11.  How many businesses do you have at present? (Ilan po ang negosyo ninyo ngayon?) ______# of businesses

12.  Types of business activities:

(Klase ng negosyo)

Sari-sari store 1 Agriculture Non-Crop 6

Public market vendor 2 Fishing 7

(Fish/meat vendor; fruits/vegs; dry goods;etc)

Buy and Sell/Viajero (wholesale) 3 Crafts and Manufacturing 8

Carinderia/Eatery/Bakery 4 Transport (tricycle/trisikad,etic) 9

Food Processing 5 Personal Services (parlor/barbershop

Dress/tailoring shops, etc) 10

Others ______88

(Specify)

13.  Is your business the major source of income for your family?

(Sa negosyo mo ba galling ang mas malaking kita ng pamilya?)

YES 1 NO 2

14.  Aside from yourself, how many employees do you have?

(Ilan ang empleyado ninyo sa negosyo?)

None………… 1 1-2….. 2 3-4….. 3 Over 5……..4

15. Is your business formally registered?

(Naka-rehistro ba ang iyong negosyo?)

Yes 1 No 2

16. How many years have you been doing your present business?

(Ilang taon na po kayo sa negosyong ito?)

Less than a year 1 4-6 years 3

1-3 years 2 7-10 years 4

Over 10 years 5

17. Aside from your business, what are your family’s other sources of regular income such as from salary, pension, rent, or regular remittances from family members? What else? (MULTIPLE RESPONSE)

(Bukod sa inyong negosyo, ano pa ang ibang regular na kita ang inyong pamilya, gaya ng suweldo, pension, renta o padala ng mga kamag-anak? Meron pa ba?)

None 1 Regular remittance 4

Salary 2 Rental income 5

Pension 3 Others (specify)______88

18. Does your family have seasonal income from farming?

(May kinikita rin ba ang inyong pamilya mula sa pagsasaka?)

Yes 1 None 2

E. BORROWING PRACTICES

19. Have you ever borrowed for your business activity?

(Kayo po ba ay nakautang na para sa inyong negosyo?)

Yes 1

No 2 (SKIP TO Q. 30)

No Response 99

LET US TALK ABOUT YOUR MOST RECENT LOAN NOW:

(Pagusapan po natin ngayon ang tungkol sa pinakahuli ninyong loan.)

20. How much was your most recent loan? (SHOW CARD) Please tell me the exact amount.

(Magkano ang inyong pinakahuling inutang? Ano po ang eksaktong halaga?) ______pesos)

Below P2000 1

P2,000 - 3,000 2

P3,001 - 5,000 3

P5,001 - 10,000 4

P10,001- 20,000 5

P20,001- 30,000 6

P30,001- 40,000 7

P40,001- 50,000 8

Over P50,000 9

21 Which was the source of your most recent loan? (SHOW CARD)

(Saan po kayo nag-loan?)

FORMAL SOURCES INFORMAL SOURCES

Your Own bank ______1 Family & Friends 7

Other Rural Banks 2 Neighbors 8

Commercial/Thrift Banks 3 Five-six/Bombay/Turko 9

Pawnshop 4 Savings group (paluwagan) 10

Lending Investor 5 Others ______88 (specify)

Cooperatives 6

22. What are the reasons you go to this source? What else? (MULTIPLE RESPONSE)

(Bakit dito kayo nanghihiram? Ano pa po?)

Low interest 1 No collateral 6

Less paperwork 2 No penalty on late payment 7

Fast release 3 Provides other services 8

Large loan amount 4 (like savings, life insurance, mortuary benefits, etc)

No co-maker required 5 No other lender available 9

Others (specify)______88

23. How many months was the term of the loan?

(Ilang buwan ang bayaran?)

1 month or less 1

2 – 3 months 2

4 – 6 months 3

7 – 12 months 4

Over 1 year 5

24. Did you pay your loan daily, weekly, monthly or only one time?

(Ang bayaran ba ay arawan, linguhan, buwanan or isang buong bayad lang?)

Daily 1

Weekly 2

Monthly 3

Lumpsum 4

Others 88 (specify)

25. What is the interest rate on your loan per month? ______% (write response here)

(Ilang porsiyento ang interes kada buwan?)

None 1

1%-2% 2 If Respondent is unable to give the rate

3%-4% 3 directly, write below his/her response, and

5%-6% 4 calculate the rate later:

7%-8% 5 ______

9%-10% 6 ______

Over 10% 7

26. Did you give any collateral for your loan?

(Nagbigay ka ba ng kolateral?)

YES 1 NO 2 (SKIP TO Q. 28)

27. What was your collateral?

(Anong pinang-kolateral ninyo?)

Real estate title 1 Vehicle 4

Appliance(s) 2 None 5

Deposits in bank 3 Others 88 (Specify) ______

DK/NR 99

28.  Did lender require a guarantor or co-maker?

(Nangailangan ba ng nag-garantiya o co-maker ang nagpa- utang?)

YES 1 NO 2

29.  How did you use your most recent loan? What else? (MULTIPLE RESPONSE)

(Ano po naman ang pinag-gamitan ng inyong pinakahuling loan? Ano pa po?)

Additional capital for business 1 Household consumption 5

Capital for new business activity 2 Paid another loan 6

Children’s schooling 3 Others (specify)______88

Repair house 4

F. NON-BORROWING RESPONDENTS

IF ANSWER IN Q.19 is NO (have not borrowed for the business), ASK Questions # 30 to 34.

30.  Here is a list of the reasons why some people don’t borrow. Which one in the list describes your own situation or feelings about borrowing? (MULTIPLE RESPONSE) (SHOW CARD)

(May listahan ako kung bakit ang ibang negosyante ay hindi umuutang. Pakituro po kung ano dito sa listahan ang naglalarawan sa inyong sitwasyon)

I have enough capital (Sapat na ang aking puhunan) 1

No need for a loan (Hindi ko kailangang umutang) 2

Interest on loans is high (Mataas ang interes) 3

I am afraid/shy to borrow (Takot ako o nahihiyang umutang) 4

There are too many requirements (Masyadong marami hinihinging kailangan) 5

I do not know anyone from the bank (Wala akong kakilala sa bangko) 6

Don’t like to be in debt 7

Lack collateral 8

Others (Specify)______88

Don’t Know/No Response 99

31.  If offered favorable terms, would you be interested in a loan?

(Kung maganda ang kondisyon sa pautang, interesado ka bang mag-loan?)

YES 1 NO 2 (SKIP TO Q. 35)

32.  If YES, for what amount? PhP______

(Kung OO, magkanong loan?)

33. What source would you prefer: a rural bank, a commercial bank, lending investor, 5-6, Bombay, or some other source? (Saan mo mas gustong umutang – sa rural bank, commercial bank, sa 5-6, Bombay, lending, pawnshop, kamag-anak o iba pang nagpapautang?)

Rural bank 1 Five-Six/Bombay 5

Commercial bank 2 Relatives/friends 6

Lending investor 3 Other source ______88 (specify)

Pawnshop 4

34. Why do you prefer this source? What else? (MULTIPLE RESPONSE)

(Bakit mas gusto ninyong umutang sa _____? Ano pa po?)

No/less paper work 1 Low interest rate 6

Fast release 2 Others (specify) 88 ______

No collateral 3 Don’t know/No Response 99

No co-maker/guarantor 4

G. SAVINGS PRACTICES -- ASK ALL RESPONDENTS

Let us talk a bit about savings.

(Pag-uusapan natin ng konti ang tungkol sa pag-impok.)

35.  What are the primary purposes you save for? What else? (MULTIPLE RESPONSE) (SHOW CARD)

(Pakituro po sa listahan ang mga importanteng dahilan sa inyong pag-iimpok? Ano pa po?)

Children’s education 1

Emergencies/medical expenses 2

Special occasions (b-days; wedding, fiestas) 3

Capital to start a business 4

Capital to expand present business. 5

Retirement/Old Age 6

House repair/renovation 7

Buy household appliances 8

Without specific need or purpose/

just believes in the virtue of saving. 9

Others (Specify)______88

36.  When you have cash,savings where do you usually keep it? Do you keep it at home, in a rural bank, a commercial bank, a cooperative, paluwagan or others? (MULTIPLE RESPONSE)

(Pag may pera kayong naipon, ito ba ay tinatago ninyo sa bahay, sa rural bank, sa commercial bank, kooperatiba, sa paluwagan o sa iba pa?)

At home 1 In a cooperative 4

In a rural bank 2 Savings groups (paluwagan) 5

In a commercial bank 3 Others (specify)______88

37.  Will you be interested in opening a savings account with our bank?

(Interesado ba kayo na magbukas ng savings account sa aming bangko?)

Yes 1 No 2

38.  In choosing to keep your savings in a bank, which is the most important factor to you? (SHOWCARD) Choose only one from the list. (Circle answer below)

(Ano po ang pinakamahalagang bagay sa pagpili ng bangkong pag-iimpukan ninyo?) Pumili ng isa lang dito sa listahan.)

39. Which is the second most important factor to you? (SAME SHOWCARD)

(Alin ang pangalawang pinakamahalagang bagay para sa inyo?)

Q# 38 Q#39

Near my residence/place of business 1 1

Financially stable/good reputation 2 2

Employees are friendly/known to me 3 3

Pays high interest rate on my savings 4 4

I can withdraw from my savings when I need it 5 5

I can take a loan against my savings. 6 6

Service is fast. 7 7

There is a raffle. 8 8

A solicitor picks up my deposit. 9 9

Bank is open on weekends. 10 10

Bank has automatic tellering machine (ATM) 11 11

Others (SPECIFY)______88 88

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Interviewer can now ask the last two questions:

Q#2. Age: Mam/Sir, about how old are you now? (Mga ilang taon na kayo?)

18-24 1 25-34 2 35-44 3

45-54 4 55-60 5 Over 60 6

Q#5. Where would you place your family in this card? (SHOW CARD) (sample and instructions for this question are below)* (Saan po ninyo ilalagay ang inyong pamilya sa card na ito?)

Not poor 1

On the line 2

Poor 3

We are finished now. Thank you very much for your time and help.

(Tapos na po tayo. Marami pong salamat sa iyong tulong sa amin)

END OF INTERVIEW

Instructions on show card and asking Question Item # 5:

The SHOW CARD for Question item #5 should look as illustrated below. The question item is a poverty-self rating tool that has been developed and used by the Social Weather Stations (SWS). As a self-rating tool, the respondent is the one that evaluates whether s/he is poor or not.

When asking the question, the interviewer should merely state the question while showing the card; the respondent will point to either the upper or lower box in the card. Others will point to the LINE. This is also an acceptable response. However, the interviewer should not call attention to the line.

NOT POOR
POOR

Module 2: Market Research

Session 4: Market Survey

Handout 1- Questionnaire

Page 2 of 10