Latin America was hard hit by the COVID-19 pandemic, registering almost 27 percent of COVID-related deaths globally despite having only 8 per cent of the globalpopulation.1 Most Latin American countries responded with severe measures includingtotal lockdowns and curfews (Garcia et al., 2020). This saw considerable macroandmicro-economic impacts (Lanchimba et al., 2020) and contributed to the regions steepesteconomic recession on record (Ocampo, 2021). Some of the hardest hit were micro,small, and medium-sized enterprises (MSMEs). Uniquely vulnerable to exogenous shocks(Miklian and Hoelscher, 2022), lockdown measures severely impacted MSMEs giventheir dependence on physical circulation of staff and customers, and lack of capital toweather the economic downturn (ITC, 2020).