Circular economy (CE) is emerging in the Philippines as one of the key measures in promoting sustainable principles and practices across various economic sectors. This Policy Note assesses the level of CE adoption among women-led micro, small, and medium enterprises (WMSMEs) in Metro Manila. It finds that WMSMEs have a low level of awareness about CE principles, resulting in a low level of circularity in their strategy and vision, business model, post-sales services, resource recovery, waste management, resource consumption, and ecodesign. Thus, it urges the government to adopt a multilevel approach by categorizing programs, projects, and activities into micro, meso, and macro levels.