CodeIgniter is a lightweight and open source PHP web application framework that uses the model-view-controller (MVC) approach. It provides basic functionality for common tasks like database connections, form handling and validation out of the box. CodeIgniter is easy to learn and use for beginners due to its simplicity and conventional PHP coding. While lightweight and fast, it lacks some functionality found in other frameworks like integrated CRUD and authentication libraries that require third party libraries. Overall, CodeIgniter provides a simple and flexible way to build PHP web applications.