Micro Entrepreneurs

Micro Entrepreneurs Defined for MyTravelDictionary.com

"Charity degrades those who receive it and hardens those who dispense it."
- George Sand

"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime."
- Chinese Proverb

Micro Entrepreneur

Micro-Entrepreneur Volunteers
85 percent of normal countries are not as successful at making money, as the over developed countries, such as the USA, Europe, Japan and Australia. Therefore is possible for a businessman from an overdeveloped country to travel to the normal countries and search for good business ideas as a way to help. He or she then becomes an entrepreneur abroad, adapts the business, figures out the marketing, and develops a system of business that works. Then when it is successful, the micro-entrepreneur passes the good business onto a local as a loan, with the hope of passive transfer of the good idea onto other locals in the area, with the hope it spread virally through the region or country.
Passive Transfer

Passive Transfer happens when one person sees another person making money, then decides to copy the idea, and go into the same business. The Micro Entrepreneur volunteer is seeding good business idea into a culture. Often Travelers see great ideas in one place, and wonder why they are not done in other countries they visit.

"Muhammad Yunus born 28 June 1940 is a Bangladeshi banker, economist and Nobel Peace Prize recipient. He previously was a professor of economics where he developed the concepts of microcredit and micro finance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006 Yunus and Grameen received the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". Yunus himself has received several other national and international honors."

After Muhammad Yunus received the Nobel Peace Prize, under the idea that poverty is a threat to peace there was an explosion of Micro-Finance organizations around the planet.

There has been a washing of the planet with the word "MicroFinance" as a way to get investors from over-developed countries to invest in finance companies. In reality, a semi loan sharking system has evolved.

Which comes first: Microfinance or Micro entrepreneur?

Without micro-entrepreneurs it is impossible for local finance organizations to loan money for business start ups.

Generally, this works best, when the Micro-Entrepreneur is also financing the project. A good project needs less than 500 start up cash, and the recipient of the new business needs to be able to pay is back in less than one year.

Generally, the idea of Micro Entrepreneur is a good way for people who believe charity creates beggars to help the world.  

"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime."
- Chinese Proverb

Thank you,
Andy Lee Graham

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Comments 1

Neil V


Remember the story of the man caught in a flood who was offered a helicopter and boat ride to safety but then declined and said he was waiting for God?

Maybe God answers prayer through microfinancing just like God could have sent the boat and the helicopter.

Why be so cynical about God or about people who trust in God?


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