These are the challenges those looking to engage in microenterprise face:
- Growing asset and income inequality
- Growth of low-wage/low-quality jobs
- Growth in un-/underbanked
- Growing role of self-employment and “irregular” work
- Low levels of bank lending to businesses
- Growing role of nonbank lenders
But microenterprise can also present solutions. Read this resource to discover how microenterprise can do the following:
- Create jobs
- Create wealth
- Promote pathways to opportunity and income
- Deliver affordable financial products
- Build credit
This material was part of the 2015 AFN Grantmaker Conference, which included both regional and community-based funders and thought leaders concerned about a common goal – providing individuals, families and communities with greater economic security and opportunities for growth. View all resources from this conference.
Resources Sponsors
The 2015 Grantmaker Conference was sponsored by the following: The Kresge Foundation, The Annie E. Casey Foundation, MetLife Foundation, Citi Foundation, JPMorgan Chase and Company, Thomas Family Foundation, W.K. Kellogg Foundation.
