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More important to the economy, however, are myriad microenterprises that have emerged in response to local demand.
So Medellín's network of business development agencies, the centres of zonal development of companies (CEDEZOs), is now targeting growth-oriented small and medium businesses, rather than just helping lots of chasita-type microenterprises that typically survive no longer than a year or two.
If a beneficiary household had already decided to save and invest in cement floors, it could have used the resources freed up by this in-kind transfer to increase consumption or to make other kinds of investments, such as additional housing investments that could affect health outcomes or in microenterprises that might increase household income.
It's a creative way to increase the more than 5 million women-owned microenterprises that the FIELD Microenterprise Fund estimates are currently operating domestically.
Period.--a project that develops microenterprises that enable impoverished women in India and, soon, Kenya, to make biodegradable pads from fast-growing water hyacinth--is turning the enormous problem of a destructive weed that harms fresh water supplies into a three-pronged solution.
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It has also had to close a "microenterprise centre" that helped start 70 refugee-run businesses over two years, and a rehabilitation centre that helped disabled refugees.
In the Euro area, 92.4 % of the total enterprises belong to microenterprise group that creates 29.1 % jobs and adds 28.0%% value to the European GDP.
BR Microenterprise is a student-run educational experience that spurs microenterprise development by assisting self-employed individuals reach their business goals.
"What's significant here is that microenterprises continued to create new jobs even during the 2001 recession," said Amy McKenna Luz, president of the Association for Enterprise Opportunity, a national organization for small businesses.
Pollin and Feffer (2007 2) argues that "microenterprises run by poor people cannot be broadly successful simply because they have increased opportunities to borrow money………".
"European businesses will also have more opportunities, since we were able to include public procurement in the Act and to introduce provisions that will unburden microenterprises.
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