Managing the Occupational Revolving Fund of KOR KOK Bueng Kan Community Enterprise, Non Somboon Subdistrict, Muang Bueng Kan District, Bueng Kan Province

Abstract

This study aimed to investigate the management of the occupational revolving fund of Kor Kok Bueng Kan Community Enterprise and to analyze the key factors and obstacles involved in its operation. Target groups comprised 30 individuals, including the community enterprise committee, the advisory committee, and the members of the fund. Data were collected through document analysis, interviews, and focus-groups.

The findings indicated that the fund’s management concept emphasized sustainability, supporting members in pursuing their occupations and promoting vocational learning. The management structure consisted of the Kor Kok Beung Kan Community Enterprise Committee and Advisory Committee. Membership was open to both ordinary and associate members, based on clearly defined qualifications, conditions and benefits. Importantly, the fund provided loans to members, both as groups and individual, through a structured operational process, including: application, screening, contract signing, monitoring, and emergency support. The fund also carried out activities aimed at enhancing members’ capabilities and offering vocational learning opportunities, particularly for disadvantaged individuals. Additionally, key enabling factors included the relational and network capital of the committee, strong community cooperation, and support from mentors or advisory team. However, the main obstacles were limited public outreach, difficulty of delivering occupational learning, and unequal distribution of funds. Therefore, the occupational revolving fund should focus on expanding access to funding opportunities, building trust among members, and developing appealing vocational learning activities.