Definitions for "Microenterprise" Add To Word List
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Very small business. In general, less than five employees and less than $250,000 in revenue.
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It is sometimes used synonymously with microcredit's definition to define the whole industry. The very small business or enterprise started by a microentrepreneur.
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a self-employment project or very small business run by a poor borrower
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Very small businesses.
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a synonym for small-scale enterprise: a business, often family-based or a cooperative, that usually employs fewer than ten people and may operate "informally."
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A synonym for small-scale enterprise: a business, often family-based or a cooperative that has five or fewer employees, one or more of whom owns the enterprise.
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A small-scale business in the informal sector. Microenterprises often employ less than 5 people and can be based out of the home. Microenterprise is often the sole source of family income but can also act as a supplement to other forms of income. Examples of microenterprises include small retail kiosks, sewing workshops, carpentry shops and market stalls.
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A microenterprise is a type of small business. A microenterprise is defined as a business having 5 or fewer employees and a seed capital of not more than $35,000. Typically, microenterprises have no access to the commercial banking sector.
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