Editor’s note: This article originally appeared in NextBillion as a part of the series “Recovery 2021,” which explores how businesses, development initiatives and the communities they serve in low- and middle-income countries are building greater resilience for a post-pandemic future. At the worst…
Juan Carlos Thomas, Director of Entrepreneurship at TechnoServe, writes about TechnoServe's report on the impacts of COVID-19 for micro-retailers in this NextBillion article.
The Joint initiative by Citibank Nigeria Limited and TechnoServe Will Help Small Businesses Develop Long-Term Resiliency and Achieve Sustainable Growth
TechnoServe’s COVID-19 Impact Report examines how the pandemic disrupted key sectors of emerging economies and the livelihoods of those who work in them. Our third feature in our blog series on the report highlights the challenges small businesses faced last year and the opportunities to move toward business survival and recovery in 2021 and beyond.
Micro-retailers play an important role in local communities by providing essential goods and services. However, these entrepreneurs also face numerous obstacles when running their businesses, and those challenges only became more acute during the COVID-19 pandemic. Enter Judith Namayi Amboka, a community mobilizer dedicated to helping entrepreneurs in her community access the knowledge and tools they need to thrive.
Leaders from TechnoServe and Citi share lessons from the COVID-19 pandemic in this article for Business Fights Poverty
In Kenya, the COVID-19 crisis has created significant challenges for micro-retailers like Cecilia Njeru. But digital solutions can help entrepreneurs access business training and finance – two resources that can mean the difference between having to close a business and running a successful shop.
In Kenya, the COVID-19 pandemic has made it even harder for entrepreneurs like Jacinta Musyoka to run their businesses. Without working capital, it can be difficult for many micro-retailers to restock their shops, pay rent, and put food on the table for their families. A TechnoServe program is combining financial support with technical advice to help 28,000 entrepreneurs in Kenya keep their micro-enterprises afloat and continue to serve their communities.
