Question

Which of the following are the goals for which microenterprises programs are well suited?

		Fostering self-esteem and personal skills development
		Using self-employment and business ownership to raise incomes and reduce poverty
		Overcoming barriers to credit for entrepreneurs not served by conventional credit sources
		All the above

Answer 1

Option D -- All the above.

• Micro-Enterprise programs are those that various businesses adopt for large scale job generation.
• These programs adopt long term strategies that encourage Economic and community development which creates jobs in the Economy.
• The goals for which the micro Enterprise programs are well suited include :

1. Fostering self esteem and personal skills development.

2. Using self employment and business ownership to raise incomes and reduce poverty.

3. Overcoming barriers to credit for entrepreneurs not served by conventional credit sources.

4. Revitalizing and strengthening commercial districts with small independent store's.