000 01329pab a2200157 454500
008 180718b1998 xxu||||| |||| 00| 0 eng d
100 _aServon, Lisa J.
245 _aMicroenterprise as an exit route from poverty: recomendations for programs and policy makers
260 _c1998
300 _ap.419-41
520 _aThe objective of this study is to shed light on whether and how microenterprise programs can be used as an economic development strategy to enable low-income people to achieve self-sufficiency through self-employment. Our findings provide little support for the notion that hard work and a small loan are sufficient ingredients for business success. Viable small firms are usually headed by well-educated owners and/or those possessing specific skills that serve as a basis for successful business creation and operation. Potential entrepreneurs lacking assets, skills, and support networks are unlikely to support themselves through self-employment earnings alone. As a poverty alleviation strategy, microenterprise is not a panacea. Nevertheless, programs targeting the poor who do have skills, resources, and support networks can be useful vehicles for helping some to escape poverty. - Reproduced
650 _aPoverty
700 _aBates, Timothy
773 _aJournal of Urban Affairs
909 _a40084
999 _c40084
_d40084