This document discusses microfranchising as a business model that can improve income opportunities for microfinance institution (MFI) clients. Microfranchising provides a turn-key business opportunity through a standardized system of training, branded products, and operational support. It benefits microfranchisees by reducing risks and burdens of entrepreneurship while allowing them to earn more than counterparts. When combined with microcredit, microfranchising can also benefit MFIs by mitigating loan risks and allowing them to expand into new markets. The model is illustrated through the example of a Ghanaian franchisor that employs over 10,000 microfranchisees, earning $20 million in profits while providing higher incomes and retention rates.