It is a interesting question considering that the main goal of many microfinance organizations is to alleviate poverty by inspiring a generation of entrepreneurs. Does everyone want to be an entrepreneur? I don’t think so. In the US, where a person certainly has more opportunities to become an entrepreneur because of the ease of obtaining credit, lack of bureaucracy and market friendly policies, is there a strong urge for entrepreneurship? A small cursory search of google revealed that there were only 22,659,000 small businesses in the US. That is only 7.5% of the entire population. Are developing countries better cauldrons for future entrepreneurs than the
Wednesday, January 7, 2009
How many Micro-entrepreneurs can there really be?
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