If you thought of microfinance as an effective tool to eradicate poverty you will certainly be impressed by what the next step, MicroFranchising, could achieve. MicroFranchising is in short the replication of small businesses using proven operational methods. Not everyone is an entrepreneur (not in industrialized nations nor in developing countries) but there are many people that are willing to work hard and develop their skills. MicroFranchising will not only create microentrepreneurs but sustainable businesses and employment opportunities. This subject currently brings together a lot of different organizations; NGOs, foundations, microfinance related institutions, academia, social entrepreneurs, social and private investors and MNCs. The best resources on this subjet are BYU, The Academy for Creating Enterprises (ACE) and the reports written by Kirk Magleby. In terms of successful model cases of MicroFranchising I would recommend to read about Scojo Foundation, Grameen Village Phones, and CFW shops.