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Discover LudwigThe word 'microenterprises' is correct and usable in written English
It refers to small businesses or companies with a very small number of employees, often fewer than 10. It is typically used in the context of economics and business. Example: The government has been promoting the growth of microenterprises in rural areas to stimulate job creation and economic development.
Dictionary
microenterprises
noun
Plural of microenterprise
Exact(17)
More important to the economy, however, are myriad microenterprises that have emerged in response to local demand.
Her books include "Bootstrap Capital: Microenterprises and the American Poor andd "Bridging the Digital Divide: Technology, Community, and Public Policy".
He attributes it to the continued growth of giants like Google and Apple on the one hand, and a growing class of "microenterprises" on the other.
Over the last two years, Mr. Garlick and his team have produced some 50 such "microenterprises" — including one that finances water projects in Kenya, one that sells charcoal and stoves in Rwanda and a cocoa nursery in Ghana.
Thanks to microfinance, the streets of Medellín are increasingly lined with chasitas and other unproductive informal microenterprises.
In contrast, in Bangladesh, the home of microfinance, an NGO sector has been built up to the detriment of state capacity: as finance is circulated through the "big four" microfinance institutions (Grameen Bank, BRAC, ASA and Proshika) into informal microenterprises with no growth potential, the SME sector remains almost non-existent.
Similar(17)
It has also had to close a "microenterprise centre" that helped start 70 refugee-run businesses over two years, and a rehabilitation centre that helped disabled refugees.
Several remain nearby, including Mike Nolan (co-founder of Pickle Family Circus), Claudia Viek (microenterprise promoter) and Buck Bagot (community activist).
She formerly directed microenterprise development at USAid, and has published guides to microfinance for bankers and investors.
But does the country's microenterprise development strategy, heralded by the government and foreign aid donors, hinder the women it is supposed to help?
It is here that Asmaa Mohamed Fawzi, a shy 20-year-old with a gappy smile, sells multi-coloured headscarves from a stall outside her home - a microenterprise made possible through a loan from a savings group.
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