Micro-enterprises are small businesses with less than 10 employees and capital of less than $35,000 that rely on micro-loans. They have advantages like low costs, help decrease unemployment, and play a vital role in economies. Common micro-businesses include local stores, medical stores, and sewing plants. In the US, micro-enterprises create over 900,000 new jobs per year. Funding comes from self-financing, loans from friends and family, and microfinance banks. In Pakistan, the top microfinance banks support thousands of people with loans. Small businesses significantly contribute to GDP and facilitate employment.

1. MICRO-ENTERPRISE CREDIT PRESENTED BY KHAWAJA NAVEED HAIDER 073605-085

2. WHAT IS MICRO-ENTERPRISE? Also Called Micro-Business Small Business Less Than Ten Employees Capital Less Than US $35,000 Rely On Micro-Loans

3. ADVANTAGES OF MICROENTERPRISES Starting With Low Cost Part Time or Full Time Plays Vital Role in The Economy Low Risk Is Involved Easy Decision Making Help in Decreasing Unemployment Rate

4. TYPES OF MICROENTERPRISES There are two types of micro-enterprises Co-operative Single Owner

5. BUSINESES UNDER MICROENTERPRISES Here is the list of some micro businesses which can be found anywhere in the world. Local General Store Medical Store Small Sewing Plant Currency Exchange Fabric Shop

6. FACTS ABOUT MICROENTERPRISES (USA) There are an estimated 24 million micro enterprises in the US today More than 87% of all businesses in the US today are micro enterprises More than 4.5 million new jobs were created in the United States by micro enterprises between 2000 and 2005 On average, micro enterprises are responsible for 900,000 new jobs created per year In 2002 micro enterprises created close to 1 million new jobs

8. SOURCE OF FUNDING Micro enterprises can be funded by some various sources. Self-financing by the owner through cash Loans from friends and relatives Loan from Micro-Finance Banks Small Partnership

9. MICROFINANCE BANKS (MFBs) IN PAKITAN KASHF MICROFINANCE BANK LIMITED KHUSHHALI BANK LIMITED ROZGAR MICROFINANCE BANK LIMITED TAMEER MICRO FINANCE BANK LIMITED PAK OMAN MICROFINANCE BANK LIMITED THE FIRST MICRO FINANCE BANK LIMITED KASHF is supporting 14,148 people with the amount of Rupees 419,940,884

10. ROLE OF SMALL BUSINESES IN THE ECONOMY Contribute to the GDP around four times as much as the large scale industries in Pakistan Facilitate More People In The Nation Decrease Unemployment Rate Decrease the poverty

13. RECOMMENDATIONS Decrease the interest rate Easy installments of loans Females should come out for business Form Micro enterprise association