“Resilience” is today’s buzzword in international development, but what does it really mean?

We work with young microenterprise entrepreneurs in Myanmar and we stress the importance of offering more than training and capital — entrepreneurs need post-launch services!

The primary challenge frontier market microenterprises face is the pressure to sell their business assets in the event of a sudden shock — a lump sum need they didn’t anticipate, whether it be bad weather or drought, a family medical issue or educational need, or the common challenges of a business owner that include machines breaking down or lost business. We work with them to prepare for these shocks, strengthening their day-to-day business operation decision-making ability to anticipate and understand what financial tools are available to get them through these difficult times with a business still in tact. Resilience-strengthening strategies and tools are a must for any Entrepreneur Support Organization!