Keeping Firms and Supply Chains Afloat in the Age of COVID-19
How are firms and their supply chains evolving during the COVID-19 pandemic? Can certain interventions help them stay afloat? The pandemic is disrupting financial systems that until recently, were expanding the variety of financial products offered to businesses globally. Disruptions to these financial streams and previously lean and robust supply chains are affecting already-vulnerable communities. In fact, the World Bank estimates that the effects could push nearly 40-60 million people into extreme poverty.
On June 18th, 2020, Anastasia de Santos and Sashi Jayatileke from the Bureau for Economic Growth, Education, and Environment (E3) hosted a Marketlinks webinar to share and discuss challenges that USAID and its partners are facing during this pandemic. Speakers from the field explored how they are reorienting programming to rapidly support firm capacity, supply chain linkages, and finance in USAID partner countries.
Sashi Jayatileke is the Team Lead of the Development Finance, Impact Investing, and Entrepreneurship team in USAID’S Private Sector Engagement (PSE) Team.
Anastasia de Santos is an economist with USAID’s Trade & Regulatory Reform Office in Washington, DC.
Yacine Simporé is an Investment Officer at I&P, an impact investment group dedicated to African SMEs.
Thuy Nguyen is a Senior Program Manager and the Mission Private Sector Engagement Advisor of USAID/Vietnam.