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A World Of DifferenceA microfranchise program seeks to reduce poverty in underdeveloped countries.

ByTalicia A. Flint

Opinions expressed by Entrepreneur contributors are their own.

Working to bring the franchising model to underdevelopedcountries, Microfranchise Development Corp.'s new program willallow entrepreneurs to make a difference with their businesses inways that go beyond their pocketbooks. Developed in cooperationwith the Organization of American States: Trust for the Americas,the Micro-franchise Education and Loan (MEL) Program will operatefrom MEL Business Centers. The idea: Take existing products andservices and bundle them as stand-alone microfranchises that serveas easily managed business opportunities for citizens ofpoverty-stricken countries.

"Often [these] people aren't trained to beself-employed and have no cutting-edge ideas for business availableto them," says program creator Marc Blumenthal. "Ibelieve franchising can offer them a sustained approach toemployment that will have an impact on [theircommunities]."

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