MSMEs, THE BACKBONE OF THE GLOBAL FINANCIAL SYSTEM (Tokoin)

a-0liver (45)in #tokoin • 5 years ago (edited)

While a lot of people are looking for employment, a few others with a lower qualification are creating employment through MSME.

MSME [Micro, Small and Medium-Sized Establishments] are constantly winning the war against unemployment.

It is so unfortunate that people are still left with the vague mindset that to succeed, one must own a big establishment, that is untrue because to build something big, you need to start small.

MSMEs have outperformed even the big establishments, as it accounts for the tremendous growth in the finances of every economy.

It is considered to be the backbone of every economy because of its irreplaceable contributions.

Research holds it that MSMEs constitute about 90% of the global establishments and its contribution to the economy is about 50% GDP.

Furthermore, 60-70% of the available employment is provided by these MSMEs, and by so doing, eliminates poverty in the global system, which is far beyond what giant establishments have achieved.
This qualifies the MSMEs as the main income provider in every economy.

"Micro, Small and Medium-Sized businesses are key to creating the 600 million new jobs needed by 2030, to keep pace with the growth of the world's working-age population". A quote from Amina J. Mohammed, the U.N Deputy Secretary-General for SMEs.

This is to show you the great contributions of MSMEs and its role in the global economy.

But show me how MSMEs will reduce poverty, create employment and improve the economy if it's still being burdened down with different challenges...
Financing is a major problem of the MSMEs, as it is difficult to get the needed fund to establish and maintain and they are still presented with high tax rates, which also eats into the available finance.

These challenges have dashed the hopes of a better world as it now seems impossible to achieve.

What if I tell you that a better world could still be achieved?
By addressing the challenges of MSMEs, then a world free from poverty is guaranteed.

PRESENTING TOKOIN, MAKING MSMEs FLAWLESS

TOKOIN is here to strengthen the MSMEs to help it serve the world better.
It intends to make good use of the internal features of the MSMEs to get rid of the problems which have plagued the industry and by doing so, the MSME industry could continue leading the world into an era of zero poverty, increased employments and financial freedom.

TOKOIN will solve the funding problem of the MSMEs by making use of their data.
Data being a very vital tool in any system could be converted to funds, and with TOKOIN'S expertise and great technologies, it will ensure that funding is no longer a problem for MSMEs.

It also makes sure that data is efficiently circulated in the MSME systems and will facilitate the expansion of these MSMEs by collaborating with giant establishments.

The advent of TOKOIN means hope for the entire global system and a financially free world.

Told you a better world is still achievable.

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