A microenterprise is a small business that typically has fewer than five employees and operates on a limited scale. These businesses often require minimal startup capital and can be found in various sectors, such as retail, services, and agriculture. Microenterprises play a crucial role in local economies by providing jobs and fostering entrepreneurship, especially in underserved communities. Many microenterprises are run by individuals or families, making them an essential part of the small business landscape. They can include anything from a local food stall to a handmade crafts shop. By supporting microenterprises, communities can promote economic growth and innovation.