Micro-enterprise developments are generating financial base, stimulating social capital, and providing strategies for community residents, working together or individually, to improve economic conditions and help low-income individuals to achieve economic serf-sufficiency. Micro-enterprise also helps communities to mobilize and build sustainable, social and economic growth.
The presentation of Bali Cultural Association, USA will demonstrate the significant role that indigenous African organizations in the Diaspora play in hometown developments through micro-enterprise that spurs local economies and enhance the quality of life of residents.
Policy-makers will be sensitized on micro-financing and economic development, and how working with indigenous Diaspora Organizations can provide structurally relevant development, including employable skills, in breaking the poverty cycles. Public and private sectors, including international organizations, can partner with African Diaspora organizations to redress constraints in micro and small enterprise development.