Today we bring you our second of three posts on microfinance by our guest poster Sarah Haig of Hope International. To read the first post click here: What is Microfinance: An Illustrative Hyperbole.
“No Business Left Behind.” Among all the “could have been” development slogans for China, this is my favorite. It would be foolish to do much more in this space than mention the tremendous economic growth that has catapulted China into the present and the future as a global economic influence. Similarly, much is being said about the millions of people who have been left behind the development growth curve—particularly the migrant workers that fuel the economy yet scarcely benefit from it. Underrepresented in the public discussion is a segment of the Chinese population that is well-positioned but still waiting to benefit from China’s growth: microentrepreneurs.