On Credit at the Corner Store

In 2021, ANPEC, the national association of small retailers, surveyed about 1,200 neighborhood grocery stores. According to the newspaper Por Esto!, 78 percent of the shopkeepers said that customers asked them for fiado, goods on credit. The share of customers asking for credit had roughly doubled, from about two in ten in early 2020 to about four in ten in the first half of 2021.

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