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Latin American MSMEs, suffocated by Covid-19 and lack of credit

RIO DE JANEIRO, BRAZIL - A year and a half of the pandemic has wreaked havoc on Latin America's micro, small and medium-sized enterprises, the weakest link in the region's economic fabric and whose recovery seems uphill due to endemic difficulties in accessing bank loans.

Valentina Saéz did "the impossible" to save her small grocery store in downtown Santiago de Chile, where she also sold daily meals. She visited all the bank branches in the neighborhood, applied for social assistance, and asked for money from everyone close to her, but she was forced to close at the . . .

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