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Sal Island: Small and micro-entrepreneurs find themselves in “greater trouble” in the post-moratorium period

Espargos, Apr 30 (Inforpress) – Small and micro-entrepreneurs in the Sal Island foresee moments of “greater trouble and suffocation of companies” in the post-moratorium period, regarding the payment of debts to the banks, which experienced a “high increase”.

Several companies in Sal Island have responded to the Government’s call to join to the moratorium as a way to ensure income, and avoid “major concerns” about bank charges in this time of pandemic, caused by COVID-19.

In conversation with Inforpress, by the way, some people connected to the business, small and medium entrepreneurs, understand that the moratorium was in fact a “softening measure” since they lost income, and would not be able to honor banking commitments, not to mention other obligations.

But, according to them, in fact the addition to the moratorium “does not solve” the structural problem, but on the contrary “aggravates, even more”, however, hopeful that by the end of the program, the Government will present more solutions to save companies, and prevent them from shutting down their doors, sending people to unemployment and putting families in trouble.



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