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Developing a Framework for Various Approaches to Microenterprise Development:A Theoretical Review


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1 Symbiosis Institute of International Business, Pune, India
     

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Microenterprise development has always remained an important tool to deal with the issues of poverty and unemployment. Government and non-government organisations adopt various approaches to promote microenterprises. 'Approaches' here mean a set of strategies adopted to meet the mission and objective of the organisation as well as instruments to achieve them. This study is an attempt to develop a framework for the various approaches to develop microenterprises. This paper concludes that a mix of three approaches, to promote microenterprises, namely, building human capital approach, financial system approach and holistic approach, are required.

Keywords

Microenterprise, Microenterprise Development, Human Capital, Financial System, Holistic.
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  • Developing a Framework for Various Approaches to Microenterprise Development:A Theoretical Review

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Authors

Nisha Bharti
Symbiosis Institute of International Business, Pune, India

Abstract


Microenterprise development has always remained an important tool to deal with the issues of poverty and unemployment. Government and non-government organisations adopt various approaches to promote microenterprises. 'Approaches' here mean a set of strategies adopted to meet the mission and objective of the organisation as well as instruments to achieve them. This study is an attempt to develop a framework for the various approaches to develop microenterprises. This paper concludes that a mix of three approaches, to promote microenterprises, namely, building human capital approach, financial system approach and holistic approach, are required.

Keywords


Microenterprise, Microenterprise Development, Human Capital, Financial System, Holistic.

References