Integrated Community Capital Management Based on the Sufficiency Economy Philosophy for Driving the Local Economy of Ban Kham Community, Ban Kham Sub-district, Chatturat District, Chaiyaphum Province

Abstract

This research aimed to study the community context of Ban Kham Community, Ban Kham Sub-district, Chatturat District, Chaiyaphum Province and the integrated community capital management based on the sufficiency economy philosophy for driving the local economy of Ban Kham Community, Ban Kham Sub-district, Chatturat District, Chaiyaphum Province. This was qualitative research. The key informants, including 15 committees of Saccha Saving Group and 15 members of Saccha Saving Group were selected by a purposive selective sampling method. The instrument used to collect data was the interview guide. Data were analyzed by descriptive analysis. The research results were as follows.       

1. 1. The community capitals which are non-monetary are as follows. (1) Human capital: The community leaders understand community problems well and continuously seek solutions from generation to generation. (2) Wisdom capital: The kinship system and respect for the elderly (folk philosophers or community leaders) are used to manage the community capital. (3) Natural and resource capital: Soil can be used to grow economic crops, namely corn, cassava, sugarcane, rice and other plants, and there are water sources that can be used throughout the year. (4) Capitals that are land, machinery, materials and equipment are the results of the management of profits from the monetary capitals. The monetary community capitals which are used to drive the local economy of the community include Saving for Production Group, Village Fund, Community Fund, Housewife Fund, Rice Bank, Volunteer Police Fund, Organic Fertilizer Fund, Pharmaceutical Fund, Water Supply Fund, Village Development Fund, Community Welfare Fund, Social Cremation and Demonstration Center of Marketing and Gas Station.        


2. 2. The integrated community capital management based on the sufficiency economy philosophy for driving the local economy was initiated by Mr. Prachuap Tangsup who brought money from various funds in the community together as an integrated fund. Saving for Production Group and Village Fund are the main groups of the management for driving the local economy. The representatives from the groups selected by the group members are responsible for managing money. The members can borrow money to invest as intended. The most important thing is that the members who borrow money and the committees must adhere to the sufficiency economy philosophy that is being moderate, logical and having immunity, knowledge and prudence. They must also adhere to 5 principles, consisting of being honest with one another, trusting in each other, sacrificing for the public and being responsible and sympathetic for others. Driving the local economy of the community is managed as network activities, consisting of Saving for Production Group, Demonstration Center of Marketing and Gas Station, community mill, agricultural product drying areas and large rice plots. The profits generated from managing the community economic network activities and the integrated fund will be distributed to the members at the end of the year.

Keywords: Community capital, local economy, sufficiency economy philosophy