TY  - SER
AU  - Bharti, Nisha
TI  - Microfinance and Sustainable Microentrepreneurship Developme
PY  - 2007///
KW  - Sustainable Microentrepreneurship Develo
KW  - Microentrepreneurship
KW  - Sustainable Entrepreneurship
KW  - Microfinance
KW  - Microenterprises
KW  - Micro-Enterprises, Micro-Finance And Sus
KW  - Entrepreneurshipip
KW  - Seventh Biennial Conference On The New F
KW  - Biennial Conference Papers
N2  - Looking at the growth of poverty and unemployment in developing countries, promotion of micro entrepreneurship and microenterprises is gaining importance in the present context as an important poverty alleviation tool. More than a concept 'Sustainable micro entrepreneurship' is a development process, based on small scale and self sustainable activities. One of the  major problems identified with the development of sustainable microentrepreneurship is lack of access to credit for the microentrepreneurs. According to an estimate more than 90 percent people in developing countries lack access to financial services i.e. either savings or credit. Specially, for the micro entrepreneur who lacks any asset base for collateral, situation becomes all the more critical. However, microenterprise usually needs small capital. Still it is difficult for the poor to manage that small amount of capital need. Due to the failure of government and market institutions to provide financial services  to the poor, last decade has seen the evolution of microfinance institutions as a boon for the microentrepreneurs. For promoting 'sustainable microentrepreneurship' microfinance is seen as an important
ER  -