Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation

Across developing countries, microfinance has emerged as an effective tool for poverty reduction. It enables microenterprenuers to get access to finance, income generation, build assets, as well ascreating opportunities for poor households to plan for future. This article discusses the role of micro...

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Main Authors: Saidu, Mohammed Bashir, Abu Samah, Asnarulkhadi, Redzuan, Ma`arof, Ahmad, Nobaya
Format: Article
Language:English
Published: Center for Promoting Ideas (CPI), USA 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28234/
http://psasir.upm.edu.my/id/eprint/28234/1/Leveraging%20microenterprise%20products%20at%20the%20global%20market.pdf
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author Saidu, Mohammed Bashir
Abu Samah, Asnarulkhadi
Redzuan, Ma`arof
Ahmad, Nobaya
author_facet Saidu, Mohammed Bashir
Abu Samah, Asnarulkhadi
Redzuan, Ma`arof
Ahmad, Nobaya
author_sort Saidu, Mohammed Bashir
building UPM Institutional Repository
collection Online Access
description Across developing countries, microfinance has emerged as an effective tool for poverty reduction. It enables microenterprenuers to get access to finance, income generation, build assets, as well ascreating opportunities for poor households to plan for future. This article discusses the role of microfinance as a tool for poverty alleviation and potential of microenterprise products to global market. Previous literature revealed that microfinance institutions have contributed tremendously in poverty reduction through creation of microenterprises, or otherwise strengthened the existing microenterprises in developing nations. Based on the reviewed literature, the authors argued that the scope of microenterprise is beyond poverty alleviation but rather, its contribution to both domestic and international market. The authors recommend that government in developing countries apart from policy formulation and regulations on microfinance institutions however, should also be responsible for creating market for microenterprises products at both domestic and international levels.
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spelling upm-282342016-02-05T01:19:51Z http://psasir.upm.edu.my/id/eprint/28234/ Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation Saidu, Mohammed Bashir Abu Samah, Asnarulkhadi Redzuan, Ma`arof Ahmad, Nobaya Across developing countries, microfinance has emerged as an effective tool for poverty reduction. It enables microenterprenuers to get access to finance, income generation, build assets, as well ascreating opportunities for poor households to plan for future. This article discusses the role of microfinance as a tool for poverty alleviation and potential of microenterprise products to global market. Previous literature revealed that microfinance institutions have contributed tremendously in poverty reduction through creation of microenterprises, or otherwise strengthened the existing microenterprises in developing nations. Based on the reviewed literature, the authors argued that the scope of microenterprise is beyond poverty alleviation but rather, its contribution to both domestic and international market. The authors recommend that government in developing countries apart from policy formulation and regulations on microfinance institutions however, should also be responsible for creating market for microenterprises products at both domestic and international levels. Center for Promoting Ideas (CPI), USA 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28234/1/Leveraging%20microenterprise%20products%20at%20the%20global%20market.pdf Saidu, Mohammed Bashir and Abu Samah, Asnarulkhadi and Redzuan, Ma`arof and Ahmad, Nobaya (2013) Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation. International Journal of Humanities and Social Science Invention, 2 (12). pp. 29-34. ISSN 2220-8488; ESSN: 2319-7722
spellingShingle Saidu, Mohammed Bashir
Abu Samah, Asnarulkhadi
Redzuan, Ma`arof
Ahmad, Nobaya
Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation
title Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation
title_full Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation
title_fullStr Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation
title_full_unstemmed Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation
title_short Leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation
title_sort leveraging microenterprise products at the global market : a strategy to ensure sustainable poverty alleviation
url http://psasir.upm.edu.my/id/eprint/28234/
http://psasir.upm.edu.my/id/eprint/28234/1/Leveraging%20microenterprise%20products%20at%20the%20global%20market.pdf