Social Return on Investment: A Case of Goat Farming Sharing Poverty Alleviation Phatthalung Model

Abstract

Phatthalung province is one of the provinces facing poverty issues, which are significant and have severe impacts on national development. Therefore, it is necessary to implement poverty alleviation projects to improve the living standards of low-income individuals in Phatthalung province. This research aims to evaluate the Social Return on Investment (SROI) of the Goat Farming Phatthalung Model to ensure that the project implementation can create valuable economic and social changes. The key informants were the project participants of the project from various districts such as Pak Phayun, Kong Ra, Pa Bon, Tamod, and Pa Phayom districts in Phatthalung province which selected by using purposive sampling technique. Data collected by using an in-depth interview and group discussions and extract the key points through content analysis technique for research conclusions. The research findings revealed that with a budget of 4,230,000 Baht, considering the Total Present Cost of 4,101,428.57 Baht, the SROI analysis of the project shows a positive Net Present Value (NPV) index or the net present value of benefits generated from investing in this project amounting to 2,300,444.37 Baht. The Social Return on Investment (SROI) index is calculated as 1.56, indicating that for every 1 Baht invested in this project, there is a return of 1.56 Baht to the overall society, reflecting the worthiness of investment in the research project 'Goat Farming Project Phatthalung Model. The result also impacts to continuously increase the chance of getting support to promote the target group to be able to rely on themselves and develop their capital in all aspects of their livelihood according to the objectives of the research project.