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THE ROLE OF MICROFINANCE, …

Sustainable Microentrepreneurship: The Roles of microfinance , Entrepreneurship and sustainability in Reducing Poverty in Developing Countries GUY VINCENT. CONTENTS. 1. INTRODUCTION. 2. THE RELATIONASHIPS BETWEEN microfinance , ENTREPRENEURSHIP AND. sustainability IN REDUCING POVERTY IN LDCS. THE ROLE OF microfinance IN REDUCING POVERTY IN LDCS. THE ROLE OF ENTREPRENEURSHIP IN REDUCING POVERTY IN LDCS. THE ROLE OF sustainability IN REDUCING POVERTY IN LDCS. 3. SUCCESSFUL CASE STUDIES OF microfinance , ENTREPRENEURSHIP AND. microfinance IN REDUCING POVERTY IN LDCS. 4. EFFECTS OF SUSTAINABLE MICROENTREPRENUERSHIP ON LDCS. 5. CONCLUSION. 6. REFERENCES. 1. INTRODUCTION. About 90 percent of the people in developing countries lack access to financial services from institutions, either for credit or savings1, which further fuels the Vicious Cycle of Poverty (refer to Fig. 1). If the people of LDCs have a limited capacity to invest in capital, productivity is restricted, incomes are inhibited, domestic savings remain low, and again, any increases in productivity are prevented.

Sustainable Microentrepreneurship: The Roles of Microfinance, Entrepreneurship and Sustainability in Reducing Poverty in Developing Countries

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