Research on Humanities and Social Sciences
The Effect of Covid-19 on SMEs and Entrepreneurial Resilience in Ethiopia. A Case of Nekemte Town
Abstract
The effect of COVID-19 crisis on economy is due to public health measures to flatten the epi-curve. Even though, the crisis affects all economic sectors, the economic fallout from COVID-19 pandemics is particularly is acute in specific sectors such as SMEs. Studies indicate that SMEs may experience supply chain distortions due to irregular supply of raw materials and intermediate goods, revenue loss and shortage of liquidity to continue business operations. And also enterprises experienced a reduction in production / work activity/ contracts due to corona virus outbreak.
DOI: 10.7176/RHSS/10-11-01
Publication date:June 30th 2020
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ISSN (Paper)2224-5766 ISSN (Online)2225-0484
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