Bootstrap Capital: Microenterprises and the American Poor

摘要: The microenterprise strategy --helping people start small businesses --has generated attention among policymakers and the media as a way to create jobs help lift out of poverty. Through extensive interviews case studies five diverse programs in different U.S. regions, Lisa J. Servon examines potential limits these programs. In late 1980s, came United States from less-developed countries such Bangladesh, where Grameen Bank flourishes. Since then over 200 have opened their doors nearly every state. This book identifies current discourse on microenterprises, discusses how this approach represents departure traditional economic development social welfare strategies, wide range results. Boot strap Capital tel ls story both who use them. One program, Women's Initiative, targets very low income women San Francisco Bay Area requires all clients undergo three months training before they can apply for loan. Some participants are true entrepreneurs; others pursue self-employment because mainstream economy has failed finds that combat problem persistent poverty by serving broad socioeconomic group focusing goals empowerment, literacy, community organization. She shows do more those exist at margins than completely cut off it. calls rethinking expectations strategy, based experience entrepreneurs country. provides basis reframing policy support