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Original Research

Triumphs and Tribulations: A Phenomenological Analysis of Post-Mentorship Entrepreneurial Journeys Among KMME Graduates in Western Visayas

Business Fora: Business and Allied Industries International Journal

ISSN Online: 3028-1334 | Print: 3028-1326

Volume 6 | Issue 1 | 2025 | 29 – 45

1Marivic C. Santos, ORCID No. 0009-0001-6265-4072

2Carmen N. Hernandez, DM, ORCID No. 0009-0004-8662-3539

1Faculty, College of Business & Accountancy, Central Philippine University, Jaro, Iloilo City, Philippines
2Chairperson, College of Business & Accountancy, Central Philippine University, Jaro, Iloilo City, Philippines

Article History:

Initial submission: 30 September 2025
First decision: 03 October 2025
Revision received: 10 October 2025
Accepted for publication: 18 October 2025
Online release: 03 November 2025

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Abstract

Micro, small, and medium enterprises (MSMEs) anchor local livelihoods in Western Visayas but continue to face persistent constraints in finance, digitalization, and market access. To strengthen MSME capabilities, the Department of Trade and Industry’s Kapatid Mentor ME (KMME) program provides module-based mentoring and Business Improvement Plan (BIP) coaching. This qualitative phenomenological study explored how KMME mentee graduates made sense of their post-mentorship journeys, their triumphs and tribulations after completing the program. Guided by social constructivism and interpretivism, in-depth, semi-structured interviews were conducted with seven mentee graduates representing diverse sectors (food manufacturing, shell crafts, real estate, events, mushroom farming, bakery/cafe, and integrated farming) across Region VI. Data were analyzed using Braun and Clarke’s Reflexive Thematic Analysis. Four major themes were developed. Two reflected triumphs:(1) Organizational and Strategic Transformation – movement from improvised to systematic operations, quality assurance, branding, and people-centered leadership; and (2) Success in Entrepreneurial Confidence and Identity Formation – growth in self-efficacy, professional identity, and decision-making. On the other hand, two captured tribulations: (3) Structural and Institutional Barriers to Growth – risk-averse lending, limited capitalization, and uneven post-program support; and (4) Operational, Technological, and Crisis-Driven Challenges – market volatility, multigenerational workforce tensions, uneven digital adoption, and shocks like pandemics and supply disruptions. To synthesize these findings, the study introduces the GRIT model (GrowthResilience-Innovation-Transformation), which conceptualizes how mentorship fosters entrepreneurial progression despite limitations. It further proposes a Transformative Sustainability Theory (TST), asserting that sustained entrepreneurial growth arises not from linear advancement but from adaptive learning, innovation, and resilience in responses to contextual challenges. Findings suggest that KMME’s early impacts can be strengthened through continuous post-mentorship monitoring, accessible financing mechanisms, digital capability development, and stronger ecosystem collaboration among DTI, LGUs, TESDA, DOST, financial institutions, and academic partners.

Keywords: KMME program, MSMEs, qualitative phenomenology, reflexive thematic analysis, Western Visayas, mentorship, sustainability

Cite this article

APA (7th edition)

Santos, J. M., Cruz, A. L., Reyes, P. D., & Villanueva, R. S. (2025). Financial literacy and investment behavior of micro-entrepreneurs in Region V, Philippines. Business Fora: Business and Allied Industries International Journal, 6(1), 28–42. https://doi.org/10.62718/vmca.bf-baiij.6.1.SC-1025-007.

Author contributions

– (Not available).

Funding

This research received no external funding.

Conflict of interest

The author declares no conflict of interest.

Institutional ethics review statement

Approval to conduct the research was secured from the appropriate institutional review board and from DTI Region VI.

Data availability statement

All data supporting the findings of this study are included within the manuscript and its supplementary materials.

Declaration of generative AI use/assistance

No AI tools were used in the preparation of this manuscript.

Acknowledgement

– (Not available).

Publisher’s disclaimer

The views expressed in this article are those of the authors and do not necessarily reflect the views of the publisher. The publisher disclaims any responsibility for errors or omissions.

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