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Mypes: 250,000 jobs lost due to small business protests

The Vice Minister of Industries and Industries estimated that the losses were around S$125 million for each day of downtime. | Fountain: Andean

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over 70,000 micro and small business They have been bankrupt since the demonstrations started in December, warns the United Mypes Association of Peru (MUP).

Mypes Unidas del Perú director Daniel Hermosa claimed that 3% of businesses had to close.

“There is a greater rate of destruction than micro companies in Peru it is between 2.5% and 3%, equivalent to 70,000 to 75,000 people. This is during the crisis period that began in 2022 and 2023. The situation is very serious,” he said.

A spokesperson points out that mypes is closing because they don’t have the solvency following a Christmas campaign that lost S$3 billion. Now they warn that 25% school season is exposed to.

“They cancel orders or cut them in half, like with uniforms in Gamarra or shoes in Trujillo,” he told the Gestión newspaper.

Given this situation, it is estimated that they lose between 200,000 and 250,000 people. Positions formal.

It should be remembered that, according to the Vice Minister of Industries and Industry, every day of downtime creates losses of around SGD 125 million.

Also with these minors income It is estimated that 40% of mypes have stopped paying their debts to financial institutions.

Source: RPP

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