Lockdown Economy Albania
12 Entrepreneurs: 3 small businesses; 9 micro businesses
Geography: Tirana, Durres, Kavaje, Shkoder
Timelines: January - February 2021
Sectors: food services, education, finance, hotels and restaurants, manufacturing, wholesale and retail trade
What are the challenges that MSMEs in Albania faced during the pandemic lockdown?
How did the pandemic and lockdown affect the MSMEs in Albania?
What did the entrepreneurs do to stimulate their businesses?
What are the three things that MSMEs need help with?
How are the businesses going now?
In 2020 Think Tank AlterContacts launched the Lockdown Economy, an international non-profit grassroots social-economic and educational initiative to help small businesses and self-employed professionals overcome the challenges of the pandemic and reactivate the economy. It is registered by the United Nations as an Acceleration Action for SDG. From May 2020 until July 2021 we have been collecting insights from small business owners and self-employed professionals from different business sectors and countries to see how the COVID-19 pandemic affected their business, their life, and future. This article is based on the field research of the Lockdown Economy.