|Short Name/Acronym||How can we help small enterprises?|
In this Editor's Note, Malcolm Harper explores the difficulty of promoting enterprise development. Most business advisers are not themselves running businesses and he highlights common mistakes that are made and some basic facts he thinks they should remember. For example, he says that in development we often assume people want to be entrepreneurs when in reality they would much rather have a decent job. Many development workers also assume that all businesses require loans from banks or MFIs whereas the vast majority of businesses, including farms, are financed from their own earnings, or with loans from family and friends, or moneylenders, or local traders.
|Date of completion||12 May 2005|
|Keywords|| MICROENTERPRISE, INCOME-GENERATION, BDS|