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Posted on July 14, 2016

Posted by: Enclude

The MasterCard Center for Inclusive Growth has invited Enclude CEO Laurie Spengler to contribute the first in a series of blog posts focused on the role of “strivers” in driving sustainable and equitable growth worldwide.

Here is a teaser on how the #ConnectStrivers initiative addresses #inclusivefinance.

The challenge of bridging the global income gap has increasingly become a topic of robust debate – from economists (Piketty) to policymakers (UN and the SDGs), to the C-suite (Davos attendees) not to mention the US Presidential campaign. Examining the role of microentrepreneurs and small and growing businesses – enterprises that are numerous in aggregate but often without a voice in the debate – offers a constructive response.

The voice of these entrepreneurs is not represented because they operate largely in the shadows of the formal economy – surviving but not yet thriving. Within this pool of millions of entrepreneurs, there is a group we identify as strivers – enterprises with two to 10 employees, operating in a fast-growing market segment and with the capability and ambition to push for greater market share and grow their business. This group is poised to thrive, but what do they need to do so?

Check out the whole post and the coming series at: http://mastercardcenter.org/action/strivers-essential-inclusive-growth/#sthash.efp8rTzg.dpuf

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