Microfranchising

Micro Franchising is a business model that is proven franchising concepts to the specific needs of small and micro enterprises ( micro-enterprises ) adjusts in developing countries. In combination with micro-finance and micro-credit micro- franchising is an important factor in reducing poverty.

Examples of micro- franchising companies:

• Village Phone program of Grameenphone
• CFW The Health Goals Foundation ( Kenya)
• Vision Spring (glasses, formerly Scojo Foundation)
• Drishtee ICT Kiosks (India)