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What is Microenterprise

Handbook of Research on Social Entrepreneurship and Solidarity Economics
A business operating on a very small scale, especially one in the developing world that is supported by microcredit.
Published in Chapter:
Joint Liability Lending, Entrepreneurial Development, and Poverty Reduction
Christopher Boachie (Central University College, Ghana)
DOI: 10.4018/978-1-5225-0097-1.ch015
Abstract
The purpose of this chapter is to examine the effect of joint liability lending on micro businesses in Madina municipality. Joint liability lending has become a popular and fashionable word in financial and development circles. It is a cross sectional survey study and used both primary and secondary data on joint liability lending. The study reveals that joint liability lending improves entrepreneurships and reduces poverty. There exist a significant relationship between joint liability lending and a high repayment rate. The implications are that individual within the group are encouraged to continue saving and microfinance institutions should continue investing in educating and training clients to improve upon their micro businesses.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Joint Liability Lending, Entrepreneurial Development, and Poverty Reduction
It is a business operating on a very small scale, especially one in the developing world that is supported by microcredit.
Full Text Chapter Download: US $37.50 Add to Cart
Survival Under Aggressive Competition: A Microenterprise Case
Very small-scale firms that have less than 10 employees and US$500,000 annual sales or balance sheet total as defined in Turkey.
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Rice Plus and Family Solidarity: Rural Cambodian Widows' Economic Coping Practices
A tiny business endeavor based at home requiring very small amounts of capital. Poor people throughout the developing world rely on such tiny enterprises to provide crucial income. Examples from rural Cambodia include gathering wild vegetables or firewood for sale, producing rice snacks or boiled potatoes for school-children, selling rice soup to workers, producing rice wine, taking mangoes from a backyard tree to market, producing palm sugar from nectar gathered from palm flowers, or weaving thatch pieces from palm leaves to roof a village house.
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The Evolution of Microfinance Products to Promote Microentrepreneurship Towards Social Progress of African Countries
Small enterprises which are typically small, employs less than nine people, and runs informally.
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