For people of low socio-How The Coronavirus Is Affecting Small Business status and economically disadvantaged people in developed countries, COVID-19 also poses higher risks of living in overcrowded accommodations increasing risk of illness (Patel et al., 2020). Racial and ethnic minorities experience higher death rates from COVID-19, which has also unequally affected urban residents and foreign migrants around the world. How these growing inequalities affect business dynamics will become an entire field of scholarly research and, hopefully, of compensating policy interventions. The lockdown likely led to frustration, loneliness, and worries about the future (Kritikos et al., 2020), which are also risk factors for mental illnesses (Banerjee & Rai, 2020). Future research can focus on the impact of lockdowns and quarantine on small businesses as well as on the link between lockdowns, psychological effects (Brooks et al., 2020), and entrepreneurship .

While the trajectory of COVID-19 is still at its initial stages in the region, the repercussions of development elsewhere are already being felt strongly. In these circumstances, it is vital to understand the scale, nature, and depth of social and economic impacts to design an appropriate and effective policy and programmatic response, whether at the country, regional, or global levels. Ethiopian small business also faced some major challenges as it was struck by COVID-19. Social unrest, triggered by longstanding issues that could now be aired in a more open civic and political environment, has led to conflict, loss of lives and property and, at the last count, 1.7 million internally displaced persons . MSMEs not only play a vital l role in providing employment opportunities but also contribute to the socio-economic development of the country, notably in their role as facilitators for the transition to an industrial society. By pairing these qualitative responses with national surveys and economic data, we hope to provide a useful look at how D.C.

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Consistent with the curfew’s effect on respondents’ income, those surveyed reported that the cessation of movement, a government policy that severely restricted the movement of people in and out of Nairobi, also affected income from retail business. Sixty-five percent of respondents reported that cessation of movement had negatively affected their commercial operations. Soon after, the government took several measures to slow the spread of the virus and to address its health effects, including a dawn to dusk curfew, restrictions on public gatherings, school closings, recommendations to work from home, and social distancing measures. As fears of widespread infection mounted, movement in and out of Nairobi was all but prohibited.

Survey: COVID-19 Impact on Small Businesses

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