Day: 22 October 2020

Funders find ways to offer capital in emerging markets, despite Covid

https://www.ft.com/content/40d246e3-5cd3-40ae-bb23-fb640d3637a4 Early in the pandemic, small businesses in the US were handed a lifeline by the taxpayer-funded Paycheck Protection Program, which helped many to stay afloat as revenues collapsed. Businesses in emerging markets were, however, not as fortunate. “Credit from traditional providers is being pulled in and businesses are seeing major issues with access to …

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