Macroeconomy/Finance

Only 25% of companies managed to access credit after quarantine

Only 25 per cent of companies in Cochabamba were able to obtain bank loans to alleviate their needs after the quarantine decreed by the Covid-19 pandemic, according to the Federation of Private Business Entities of Cochabamba (FEPC), due to the difficulty in presenting guarantees and high-interest rates.

Source: Los Tiempos