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For $25 a boy in India can become a microfranchise owner in the rat trapping business. Global Giving Foundation has developed a device that is better, cheaper and safer than traditional earthen pot fumigation, plus the rat catchers won't die from respiratory illness from inhaling the smoke.
For $160 a young African farmer can buy a microfranchise from Honey Care Africa that has enabled more than 2,500 men and women in Kenya to become beekeepers. The parent or franchisor even agrees to buy the honey that is produced.
In Bangladesh, women buy for $220 a microfranchise telephone business with operation manual and a cell phone included. They buy cell phone minutes in bulk and resell them via their new phone to their neighbors and friends. Cell phones are the communications vehicle of choice in this part of the world since there aren't any land lines to most of the rural villages. This phone company was started by the Grameen Bank, best known for its microcredit lending to millions of poor people throughout the world.
In the Philippines, our Academy for Creating Enterprise is developing microfranchises for our 800 returned LDS missionary graduates. So far we have launched three small generic drugstores, an ink cartridge refilling business, three small bakeries and 30 franchises of a Cellular City retail operation. Next on the drawing board is an academy to train cellular phone repairmen to operate their own microfranchises.
Microfranchising is, I believe, a poverty elimination tool, one that will not only help lift the owners of the small businesses out of poverty but also help them to employ their friends and neighbors, moving the entire community closer to economic self-reliance.
How is that for a Christmas gift that keeps on giving?
So enjoy Christmas 2005. But start thinking about Christmas 2006 and the opportunity to make a difference in the world by giving the gift of economic choice.
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