LCPS Details
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EconomyJun 23, 2022
INFORGRAPHICS | An Insight into Necessity-Driven Entrepreneurs in Rural Areas in Lebanon
Necessity-driven entrepreneurs (NDEs) are individuals who start microbusinesses out of economic necessity and to compensate for a lack of other job opportunities. These businesses constitute a large portion of informal employment in Lebanon and struggle with precarious work conditions, especially in rural areas. Still, this form of entrepreneurship provides a much-needed source of livelihood for a large number of Lebanese families during the crisis.
Based on a study conducted in three rural areas in Lebanon (Rashayya, Fnaidek, Hidab), this visual presentation highlights the common challenges confronting NDEs in five key sectors and outlines general policy recommendations to reduce the economic, socio-cultural, and financial barriers facing entrepreneurs.