JMGT_V4_N2_A3 Bella L. Galperin Kurian Joseph Renganathan R. Journal on Management 2230 – 715X 4 2 12 20 Micro-entrepreneurship, Micro-finance, Culture The concept of micro-credit or micro-loan, pioneered by the Grameen Bank in Bangladesh, involves credit of approximately $100 to economically disadvantaged entrepreneurs--typically creative women in developing countries. The micro-loan movement has created a global network of tens of millions of women entrepreneurs. Although microcredit has been in existence approximately three decades, there has been little theoretical work on microentrepreneurs. This paper reviews the literature and poses questions regarding the micro-entrepreneurship literature. Specifically, the paper poses the following questions: Are micro-entrepreneurs being helped or hurt by micro-finance institutions? Are micro-entrepreneurs receiving a micro-credit or micro-debt? Do micro-finance efforts help microentrepreneurs in both developing and developed countries? What are the long-term effects of micro-credit? First, a brief history of the microfinance movement is discussed and questions are then presented. Finally, possible directions for future research are outlined. September - November 2009 Copyright © 2009 i-manager publications. All rights reserved. i-manager Publications http://www.imanagerpublications.com/Article.aspx?ArticleId=1053