Support To Connect Nano and Micro Businesses & Services in Your City/Town To Internet
Connect Nano and Micro Businesses to the Internet
Connect Nano and Micro Businesses/Services in Cities, Towns and Villages in Nigeria on Internet ;
Nano and micro businesses are the smallest units of enterprises, usually run by a single individual or a very small number of people (often family-based). They operate with very little capital, low assets, and minimal infrastructure, mostly in the informal economy. Examples include:
• Street vendors, shops, stores
• Tailors, shoemakers, or mechanics working in small shops
• Petty traders in local markets
• Barbers, food hawkers, and artisans
They are usually cash-based, survival-driven businesses that provide livelihoods for millions, in cities, towns and villages.
The Goal of Nano and Micro Businesses
• Income generation: To sustain daily livelihood for the owner and family.
• Self-employment: Reduce dependency on government jobs or formal employment.
• Grassroots economic activity: Provide basic goods and services within local communities.
• Pathway to growth: Nano and Micro businesses Serve as a stepping stone to small, and medium-sized enterprises (MSMEs) when given support.
1. These businesses are highly vulnerable to shocks (economic downturns, inflation, pandemics, etc.)
2. Since many nano and micro entrepreneurs live on daily income, regular sales ensure they can keep feeding their families and avoid falling deeper into poverty.
3.Nano and micro businesses provide essential goods/services at the grassroots level. Supporting them keeps local economies alive.
4. Many of them lack access to formal loans or banking. Supports are often the only way they can have regular income..
5. Even though small, they collectively employ millions. Sustaining them helps reduce unemployment and social unrest.
In summary, when we give support to Nano and micro Businesses, we actually actually supporting our communities and grassroot economy.
Nano businesses are the smallest survival driven enterprises. Their main goal is income generation and self-employment. We are putting them on internet to support their survival, protect livelihoods, sustain community economies, and prevent poverty escalation.
A big voice for Nano and Micro Businesses, with peer-to-peer support and a Platform to connect Nano and Micro Businesses/services on Internet.
What is Mycitytown Community and Business Directory platform?
We are building an online community platform and Business directory to put Nano and Micro Businesses in our cities and towns on Internet thereby giving them a place to attract more nearby local customers, share knowledge, connect, get support and information on improving their businesses.