How Kaon system affects family business in Solomon Island: Case study
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Authors
Daniel, Willie
Etemaddar, Mitra
Simmons, Glenn
Etemaddar, Mitra
Simmons, Glenn
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Date
2023-12
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Conference Contribution - Oral Presentation
Ngā Upoko Tukutuku (Māori subject headings)
Keyword
Choiseul Province (Solomon Islands)
Solomon Islands
small businesses
small and medium-sized enterprises (SMEs)
success factors
rural communities
Pasifika
Solomon Islands
small businesses
small and medium-sized enterprises (SMEs)
success factors
rural communities
Pasifika
ANZSRC Field of Research Code (2020)
Citation
Daniel, Willlie., Etemaddar, Mitra., & Simmons, Glenn. (2023, December 11) How Kaon system affects family business in Solomon Island: Case study [Paper presentation]. Te Pukenga Pacific Research Symposium 2023, "“Pacific Success in Vocational Education – Past and Future” , Manukau Institute of Technology - Te Pūkenga https://hdl.handle.net/10652/6417
Abstract
This research examines the impact of the Kaon (depth) system on rural micro-business owners in Northeast Choiseul Province, Solomon Islands, through a case study approach using semi-structured interviews. The aim was to gain an in-depth understanding of the factors affecting these businesses in their real-life context, employing thematic analysis for data analysis. The study identifies the Kaon (loan or debt) system as a significant constraint for these businesses. Kaon, in the Solomon Islands context, refers to the practice of purchasing goods on credit or borrowing, with a promise of future payment. This system has been found to contribute significantly to the failure of rural micro-enterprises. Customers commonly acquire goods with delayed payment, leading to prolonged debts or even non-payment, which places a financial strain on business owners. Furthermore, the research reveals that cultural aspects significantly influence business practices. In the Solomon Islands, cultural values are deeply intertwined with national systems like politics and economics, impacting business development and management. The study finds that cultural influences play a substantial role in how rural business owners approach the Kaon system, impacting their decision-making and, ultimately, the success or failure of their businesses. This cultural influence often results in business owners facing pressure to provide goods on loan, especially when perceived as financially stable or of higher status.
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