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Applications for microfinance submitted by small entrepreneurs, up 30pct (analysis)

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The number of applications for microfinance submitted by owners of small businesses increased at the beginning of March by 30% over the previous months, show data released Thursday by a Romanian microfinance fintech platform. "After a detailed discussion with them, we find funding solutions that they are not even aware of: many entrepreneurs have bills or IOUs and checks to service, and their small businesses actually need cash. What do I recommend these days in the business relationship between these small businesses, if they have the role of supplier and beneficiary: a lot of empathy and…

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