Microfranchising is a revolutionary way of building and empowering individuals in developing countries. It is a fairly new term for a system that has existed for some time and is now getting some attention. This method of development works at building wealth for 3rd world countries from the bottom up. By incorporating the franchise method, unskilled entrepreneurs can become business owners through some basic training and a small capital contribution with significantly lower risk that starting a business through a micro-loan.

I was able to personally visit Guatemala and research this system first hand. Here is an excerpt from a case study of the many indivduals I encountered:

“At 7:00 it’s a cool morning in La Tinta, situated in the northern highlands of Guatemala.  Axel Curcul makes his early walk to the local community center. He is enthused to find three customers already waiting for him. He opens up the building and begins to set up his small campaign for Community…(read more)

Tags: CES, Guatemala, microfranchising

Posted in Capitalism Inovations Revolutionary
6 Comments Posted by Inlightor