Entrepreneurships for Alleviating Poverty
When economic resources and assistance are offered, they need to come with trust built on a relationship between the funder and the recipient. Investing in underserved small businesses means investing in people with dreams and hopes for what is possible in their neighborhoods and communities. These people are the best source of wisdom and lived experience.
We believe that small business are major economic opportunities can help fight poverty in several ways:
Providing employment: Small businesses can provide employment opportunities for people living in poverty, giving them the means to earn a living and support themselves and their families.
Promoting economic development: Small businesses can also contribute to economic development in impoverished communities by creating new products and services, attracting new customers, and generating income and wealth.
Improving access to goods and services: Small businesses can help improve access to goods and services in impoverished communities by providing products and services that are tailored to the needs and preferences of local residents.
Fostering entrepreneurship: Small business opportunities can also foster entrepreneurship and encourage people living in poverty to start their own businesses, providing them with a means of generating income and building wealth.
Supporting community development: Small businesses can also support community development by participating in local events and initiatives and by contributing to the overall well-being of the community.
Overall, small business opportunities can play a significant role in helping to alleviate poverty and promote economic development in disadvantaged communities.
FMHA will offer financial support, training, and resources for disadvantaged communities including women to start and grow their small businesses such tailoring, handcraft, sewing, hair-breading and more. Helping people in poverty by referring them to vocational training to enhance their skills and improve their employability.