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Why support microenterprise?

microenterprise support
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Why support microenterprise?

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Microenterprise is a component of both economic and community development strategies. Increasing jobs and tax bases, micro enterprises also foster stronger communities by revitalizing downtown areas, enhancing rural economies and increasing civic capacity. When plants close or corporations downsize, many dislocated workers can turn to microenterprise development to create their own jobs or supplement their incomes rather than face unemployment and welfare; Most banks can not make a profit on loans under $25,000, so many hard-working entrepreneurs with good ideas have no one to help them start a business-unless there’s a microenterprise development provider nearby. People who need flexible schedules, especially stay-at-home parents, can remain in the work force by running their own micro businesses; and People generally excel at what they love to do, and productive citizens make for stronger communities. Microenterprise development allows people to achieve their dreams.

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