Business Overview

Argelis is a mother and micro-entrepreneur. that lives in the community of Cañazas in Panama. She has been selling different products in her kiosk to help her family during the current situation caused by Covid-19.

Argelis Arboleda - Cañazas- Tortí, Panamá

Economic Challenge

For the past five months, Panama has been under strict quarantine rules to avoid the increase of Covid-19 cases, which affected the economy and small businesses tremendously. But even during this adversity, some micro-entrepreneurs decided to change and create new income sources to survive during this time. Now that everything is going slowly back to normal, all the micro-enterprises are looking for tools to survive in these new circumstances. This is the case of Argelis.

The Business

Argelis has lived with her family in the community of Cañazas all her life.

She runs two businesses; the first one is a kiosk in which she sells different products, and the second one consists of selling chickens.

Competitive Advantage

The business is located in a strategic area within the community.

Obstacles

-The lockdown rules made her business slow down.
-She lacks managing skills and knowledge.

Next Steps

The tasks thatArgelis Arboleda has prioritized are:

1.Develop a substantial business structure
2.Improve her bookkeeping method
3.Create a business plan in order to expand her business

1: Develop a business structure
2: Learn how to do bookkeeping
3: Create a business plan

Page Last Updated:December 18, 2020