The Association for Enterprise Opportunity (AEO), the “voice of micro-enterprise development” has released a report revealing the potential power of the micro-enterprise sector within the U.S. economy. Simply titled “One in Three,” it provides the following incredible statistic: if 1 in 3 micro-enterprises in the U.S. hired 1 employee, “the U.S. economy would reach full employment.” Here are three more amazing facts from the report: Micro businesses represent more than 80 percent of all businesses in the United States In 2010, more Americans became entrepreneurs than any time in the last 15 years A $5K increase in revenues per … Continue reading Could Social Enterprise Be the Next Growth Sector in the US Economy?
Like a cross between Kiva and Etsy, Ahkun works to close the cycle for artisans and micro-enterprise owners who have received micro-finance loans to begin their own business enterprises, by providing them a marketplace to sell their goods. The potential to sell their goods in non-local and international markets (where they may receive higher prices for their products), allows them to continue creating goods, and also to scale up their micro-enterprises. From the Ahkun website: “Ahkun CONNECTS artisans and entrepreneurs to the global marketplace. We harness the power of the web to provide microloan recipients access to the global market, … Continue reading Ahkun: Providing a Marketplace Where the Micro-Finance Model Usually Ends