Microenterprise promotion – the case of FOSIS in Chile
The microenterprise segments of the different economic sectors absorb almost half the Chilean work force and employ the workers who earn the lowest incomes. In the microenterprises of the poor one can observe high levels of under-employment, low productivity, various degrees of informality, and very insecure market position. Almost none of them have any access to formal credit, to professional training or to higher technology. This article describes the microenterprise promotion programme of the publicly supported fund, FOSIS.