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micro entrepreneurs Tagged Articles
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Five Talents Joins a Consortium of Fellow Christian NGOs to Support Microfinance Program in Sudan
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| Five Talents, a Christian development organisation supporting microfinance, has joined a consortium of organisations from the Christian micro-enterprise development (CMED) industry to fund a micro-credit program in Southern Sudan. The village banking initiative in the Wau Diocese was started in 2005, providing adult education, local savings mobilization, business development training, small business development investing and rural micro-credit provision. |
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Interest Rates: Tenets of Micro-credit for Poverty Reduction
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| During the early phases of the ‘micro-credit movement’, one of the arguments for establishing
special micro-credit delivery institutions aimed at addressing the needs of the poorest of the
poor, was the issue of interest rates. |
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Micro-enterprise and the 'mobile divide'
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| New benefits and old inequalities in Nigeria's informal sector |
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Money Management
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| I have come across a lot of entrepreneurs in my years of business – micro entrepreneurs and CEOs – and there is one thing that I often seen as being the difference between the two. Entrepreneurs who are just starting out are passionate, full of ideas and ambition, and determined to succeed. CEOs, while often equally as passionate, have one thing that many others don’t: money management skills. Startup entrepreneurs are in business to make money, but many do not know what to do with it once they have it. Since success is rarely a one-time stroke of luck, read on to discover some money management tricks that will help you stick around in the long run. |
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IV. Principle III: Reinforce Microfinance to Advance the African Private Sector
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| Key Principles for an African Model of Microfinance |
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1.13 Working safely out of poverty: Working Out of Poverty
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| The poorest workers are the least protected. More often than not, prevention
of occupational accidents and diseases is missing from the agenda
where they work. Hazardous work takes its toll on the health of workers and
on productivity. It is unacceptable that the poor must be resigned to facing
disproportionate risks to their safety and health because they are poor.
South Asian countries are tackling hazards to workers, communities and the
environment in the ship-breaking industry, and the ILO is working with
them and other international partners to do so. We are showing that improvements
can be made in working conditions and the environment in
micro and small informal enterprises by low-cost investments that also raise
productivity. |
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Other micro entrepreneurs Related Articles
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Micro Entrepreneurs Need to Go Global
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| When we hear or read about globalization, we often think of medium to large companies that have the right products and financial resources to either export, set up factories in foreign countries, or hire salespeople or outsourced workers overseas. As “micro entrepreneurs” who own small businesses with 0 to 10 employees, we may not think globalization has much to offer us. We don't equate the power of our websites and internet marketing with going global. |
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8.0 Promotion of women’s entrepreneurship: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
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| According to key informants from the University of Dar es Salaam,
entrepreneurship is only now becoming considered a legitimate and valued activity in
Tanzania. There is a huge need to increase this and to create more awareness of the
important role that owners of micro and small enterprises play in the economy. A much
higher value has to be attached to opportunities in the SME sector and to the role of
entrepreneurs so as to make it an acceptable and preferred option for college and
university graduates, the next generation of entrepreneurs. |
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9.3 Micro-finance institutions (MFIs): Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
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| Micro-finance operators in Tanzania function within the framework of the
Government’s National Micro Finance Policy of 2000. The objectives of this policy are
to provide the basis for the evolution of an efficient and effective micro-finance system
to serve the low segment of society and contribute to economic growth and poverty
reduction (as described in MIT, 2002). The policy establishes a framework within which
micro-finance operators will develop, lays out the principles to guide operations of the
system, defines roles and responsibilities of actors, and provides guidelines for
coordinating mechanisms. The Central Bank was given the mandate to coordinate
implementation of the policy. It is interesting to note that the Micro Finance Policy
includes “gender equity” as a best practice. |
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Money Management
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| I have come across a lot of entrepreneurs in my years of business – micro entrepreneurs and CEOs – and there is one thing that I often seen as being the difference between the two. Entrepreneurs who are just starting out are passionate, full of ideas and ambition, and determined to succeed. CEOs, while often equally as passionate, have one thing that many others don’t: money management skills. Startup entrepreneurs are in business to make money, but many do not know what to do with it once they have it. Since success is rarely a one-time stroke of luck, read on to discover some money management tricks that will help you stick around in the long run. |
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Abstract - Factors Impeding the Poverty Reduction Capacity of Micro-credit: Some Field Observations from Malawi and Ethiopia
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| In most African countries women tend to account for an average 51% of the population, and
make up about 65% of the rural labour force. Thus, many rural based micro-finance programmes
have attempted to address the women specific need for micro-credit. This paper analyses the
effectiveness of micro-credit as a means to reducing poverty, with particular focus on women,
and demonstrates, through the critical analysis of some country-specific examples, that the use
and supply of micro-credit does not always lead to a sustainable impact on household or female
poverty reduction. Analysis of findings are done based on field data, interviews, and observations
from Malawi and Ethiopia. |
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Women and Micro-credit
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| Since the establishment of the Grameen Bank as a micro-credit delivery model, many programmes
have rushed to replicate the relative success and in doing so, a lot of attention has been given to
female micro-credit borrowers. Women were specifically targeted because they make up the majority
of the poorest of the poor in the rural areas and are responsible for the social and economic
welfare of the family. |
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Loan amounts and loan management: Tenets of Micro-credit for Poverty Reduction
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| The following paragraphs will discuss some of the features which have been identified as best
practices from lessons learnt in micro-credit programmes over the last two decades. These features
have been developed over the years to make micro-credit accessible and manageable for the
‘poorest of the poor’, specifically women. Furthermore, it is through these features that it is
expected that women should be empowered. |
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Interest Rates: Tenets of Micro-credit for Poverty Reduction
| |
| During the early phases of the ‘micro-credit movement’, one of the arguments for establishing
special micro-credit delivery institutions aimed at addressing the needs of the poorest of the
poor, was the issue of interest rates. |
|
|
Five Talents Joins a Consortium of Fellow Christian NGOs to Support Microfinance Program in Sudan
| |
| Five Talents, a Christian development organisation supporting microfinance, has joined a consortium of organisations from the Christian micro-enterprise development (CMED) industry to fund a micro-credit program in Southern Sudan. The village banking initiative in the Wau Diocese was started in 2005, providing adult education, local savings mobilization, business development training, small business development investing and rural micro-credit provision. |
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Ten Tips to Avoid Micro Management
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| Micro managing may make you feel in control but in reality you are only hurting yourself and the company. It only limits an employee's ability to be innovative and creative. This can cost the company thousands of dollars because it is the creativity and innovation of your employees that maximize the profitability of your company. Micro Management is often just a symptom of ineffective planning, too much compassion and the inability to judge performance and develop bench strength. Developing a strategic plan for your company is a very effective way to address any or all of these challenges. I often tell my clients that the most valuable part of a strategic plan is the development process itself. Running a company with a shoot from the hip mentality often encourages micro management and does not allow employees to develop their skills. |
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