A remittances expert estimates the money sent back to Latin America and the Caribbean could decline by 7%.
Women wearing face masks stand at a safe distance to help curb the spread of the new coronavirus, as they wait for food assigned to their children outside a school in Xesuj, Guatemala, where many residents depend on remittances, largely from the U.S. The fallout from the pandemic is cutting into the financial lifelines for people across Latin America, Africa and Asia.
"We have had to cut back on food just to pay the rent," says Anabel, who asked NPR to not use her full name because she is undocumented. Anabel's daughter Elba Mariela, 30, is grateful for the money her mother sends."I just think about what she's going without and if she has food," worries Elba Mariela in San Salvador, where she lives with 20 extended family members. Only one cousin is still working.
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