10% of Colombian microenterprises declare bankruptcy due to covid-19

10% of microenterprises in Colombia declared bankruptcy due to the covid-19 pandemic, according to a study carried out by the Interactuar Corporation to learn about the impact of the reduction in commercial activities during lockdown. The survey data also indicates that 65.7% of these companies ran out of cash to finance their operations and that 53% presented a decrease in their sales of more than 50%.

Source: El Tiempo