Financial Management Approaches for Obtaining Support from the “Saang Thai” Community Business Loan: A Pathway to Achieving the Sustainable Development Goals
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This research aimed to (1) assess the level of financial management readiness of durian paste community enterprises in Cho-Ai-Rong District, Narathiwat Province, for accessing the “Saang Thai” loan program, and (2) compare observed financial management practices with the program’s institutional requirements to identify gaps and improvement areas. The samples were purposively selected from key informants representing nine entrepreneurial groups. Data were collected via in-depth interviews using semi-structured questions as the instrument, which underwent expert review and a pilot test with 5 participants prior to full implementation. Results revealed that (1) most enterprises exhibited low financial management readiness, lacking systematic record-keeping, planning, and cost analysis, which hinders loan access; and (2) observed practices poorly aligned with BAAC requirements, such as incomplete business plans and documentation, resulting in gaps in networking and compliance with SME criteria. Proposed strategies for improvement emphasize building readiness to support sustainable development (SDGs) as policy context, particularly SDG 8 (decent work and economic growth).
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