7 Entrepreneurship ideas for the poor

For the poor, a chance to work themselves out of poverty is the biggest opportunity they can get. Many a time, they are looking for an opportunity to work but do not have the skills to do so. Here is where interventions from corporates, governments, and nonprofits to help people in need work well.

Various stakeholders are doing all they can to help disadvantaged communities help themselves. For instance, many corporates offer grants to leading NGOs to help them in their efforts towards bringing a change in society. Nonprofits like the Catholic Connect Foundation work towards funding like-minded NGOs who work towards empowering the disadvantaged people to earn a livelihood for themselves.

Simple businesses that can promote entrepreneurship amongst the poor

Snack kiosks- There will always be people who’d appreciate having a few light snacks when outdoors. This could be anything- juice, burgers, grubs when they are having a good time out or when hungry. These snack kiosks are incredibly mobile, you can move your place of operations yourself whenever needed or by converting your kiosk into a food truck.

Auto garages- No matter wherever you are, there will always be cars or bikes that need some sort of repair or fixing up from time to time. An auto garage can be set up by anyone who has a formal diploma or related training for fixing vehicles. However, they will need to invest in some real estate and equipment to get going.

Restaurant/Eateries- Those who have a knack for cooking and have access to some financing can set up a restaurant either in a tourist area or someplace where there is business potential. You can hire your friends, family, and other locals to man the restaurant and serve food with ingredients made locally.

Salon- Everyone needs a haircut regularly. Whether it is to look professional or just to look presentable, a haircut or hairstyling is a recession-proof service. Requiring minimal training, anyone can become a hairstylist with some investment in equipment and real estate. This is the best way to help the poor set up small businesses.

Drugstore- Everyone needs to buy medicines at some time or the other. Just like a salon, a drug store is recession-proof. However, one needs to be a professional to run one, besides investing in a shop and some initial capital.

Fitness studio/Gym- This is for the urban poor. No matter how much people complain about work, there will always be people looking towards exercising to be fit. Once you market your services, you are sure to get many interested people coming over to sign up for a membership and start working out.

Ice cream shop- Especially for those living in tropical regions, ice creams during the day are the best recreational food for many. Ice creams are relished by all, whether you live in a city or a remote region home. You have to make some initial investment in refrigeration and stock, and things can go on from there.

In the end

Many disadvantaged people are willing to work for themselves. However, most do not have access to credit or capital. These simple business ideas can help them earn themselves a livelihood forever. Many nonprofits and microfinance industries work toward helping the poor get access to capital, equipment, training, and development for earning their own livelihoods. The Catholic Connect Care foundation helps disadvantaged entrepreneurs by supporting charities that work with them.

A Little Help Is What They Need To Support Them Through Catholic Donation Center. Spread Infinite Joy With Small Donation Support Catholic Charities Donation Center.