The ROLE of MICRO, SMALL, and Form

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hi everyone crystal here i just read this position paper on micro small and medium enterprises in barbados which explores how they can use and benefit from the rfi while barbados is known for the island's tourism and international business small businesses play a pivotal role in the country's socioeconomic development between 2015 and 2019 micro enterprises in the manufacturing sector employed 6.5 percent of the population yet these businesses face numerous challenges such as a lack of capital low profitability inadequate marketing and promotion and insufficient workforce and difficulty accessing financial instruments such as credit and insurance as a result they are especially vulnerable to the problems created by climate-related extreme events and natural hazards to manage this risk and protect themselves against negative financial impacts msmes could use disaster risk finance and transfer measures the problem is that many barriers prevent msmes from taking up that disaster risk fina