Tag: microenterprise
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Almost 4 in 10 nanoenterprises bounce back to pre-pandemic level
Update 10: SEDPI Rapid community assessment on the impact of COVID-19 to nanoenterprises Two months after the government started easing lockdowns in most parts of the country, 36% of nanoenterprises reported to have bounced back to pre-pandemic level. In May, only 18% expected to bounce back within one month which may be a good sign…
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Plight of Microentrepreneurs in the Philippines Part 1 of 3 Sari-sari Stores
Never too Small for Hope- Part I Doing business is largely a family affair in the Philippines – 80% of enterprises are family-owned or family-controlled. Microenterprises are the most intimate and the most common of these businesses. Nine of out of 10 MSMEs in the Philippines are microenterprises. Their kinship is the most deep-rooted because…