Pandemic Year

Many cities across the country continue to announce the temporary closure of businesses, schools
and other facilities, or even public events. Although these measures are necessary steps to reduce
the spread of the virus, those “measures” can create financial uncertainty for many people who
may experience reduced incomes due to illness or in the worst scenario the closure of their
workplaces.

The cost of living in Peru is usually low, services, food, transportation, accommodation, and
clothing made in Peru are cheaper than in Europe. But through this pandemic, we have been able
to see that there are people in extreme poverty, the majority of the population does not have
money to buy basic food for their homes, or even for their medicines, the country has lots of
people who are suffering in this quarantine, because they used to live off what they earned day by
day and now that they can´t work, they don't have money to take to their families.

The wages in Peru are low since the minimum wage that each worker receives is not enough to
have a good life or have a stable economy, that's why almost the Seventy percent of the
population is informal and now due to this pandemic, we are able to see how many of those
"informal people" are suffering the lack of money.

Many people have applied for a loan and now they have ended up in debt, the interest generated
by the loan and the increase of not paying on the agreed date, has worst their current situation.
We can clearly say that this world pandemic is going to be the end of many informal Peruvians.

MELISSA TATIANAVEREAU ALFARO