Abstract
An alarming percentage of the world’s population lives below the poverty line of less than USD 2 per day. Various approaches to poverty alleviation have been implemented through governmental policy reforms as well as the work of non-governmental organizations. Many approaches have focused on disparities evident in gender, employment, education and decision making, seeking to address limitations in these areas. However, mostly unabated poverty levels and a growing global population require a new approach to improving the living standards of those in Less Developed Countries. This can be achieved by boosting local economies with the support of entrepreneurial activities operating on the small and micro-scale.
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