
Bolivia's Upholstery Shops Fight for Survival Amidst Economic Crisis
Upholstery Shops in Crisis: Economic Hardship in Bolivia Santa Cruz, Bolivia – The economic crisis in Bolivia is deeply impacting small and medium-sized enterprises (SMEs), particularly those in the upholstery business. Many shops are struggling with a sharp decline in customers and a significant increase in the cost of materials. "The price of materials has gone up by 50 percent," says one upholsterer, whose business is on the brink of closure. "We're barely making enough to eat." The video report by Red Uno shows several upholstery shops in Santa Cruz struggling to stay afloat. One shop owner explains that he has had to lay off staff to reduce costs. The shops are filled with unsold furniture, a stark visual representation of the economic downturn. The crisis highlights the vulnerability of SMEs and the need for economic support. Despite the challenges, many upholsterers remain determined to persevere. Their resilience in the face of adversity is a testament to their dedication and the importance of supporting local businesses during difficult times.