microenterprise development

Microenterprise development involves supporting small-scale businesses, often operated by individuals or very small groups, to grow and succeed. It provides resources like training, affordable credit, and business advice to help entrepreneurs improve their skills, expand their markets, and increase income. The goal is to create sustainable livelihoods, reduce poverty, and foster economic resilience within communities. This approach recognizes the importance of small businesses in driving local economic growth and empowering entrepreneurs to achieve financial independence.