Adjusting technical support to satisfy the obstacle
As COVID-19 moves from a health crisis to a recession, we are attempting to prepare for how little services around the globe will weather this storm and where we require to focus our efforts.
LCGC works with micro, small and medium-sized business (MSMEs), primarily in the developing world. The normal small company we work with utilizes in between 10 and 20 people, is close to or is currently export-ready, and wants to grow globally. These MSMEs represent 60% -70% of tasks in developing nations and around half of financial activity ¹. Additionally, they tend to use youths and women.
It is still prematurely to approximate how deeply the pandemic will affect our core constituency. Little companies are already or will soon face a liquidity crisis, which might erase whole segments of the economy. In the next few months, they will face a range of difficulties that will depend, to a large degree, on how policymakers react to the crisis today.
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