"Este reporte recoge los datos más relevantes en ambos países que se dieron a conocer en el marco del Laboratorio de Aprendizaje, así como las voces de los expertos y una serie de casos de estudio de diversas organizaciones en Latinoamérica enfocados en tres temáticas: Infraestructura necesaria para el acceso a servicios financieros, Educación Financiera y Diseño de productos y servicios centrados en el usuario."

"This report aims to capture characteristics of the impact investing sector in Latin America over the past two years based on a sample of impact investors active in the region. Through institution-level and deal-level data shared by these investors, this report gives a snapshot of where and how capital is being allocated and identifies challenges that the ecosystem faces. The report focuses on the region widely while taking a deeper dive into three of the region's largest markets: Brazil, Colombia, and Mexico."

"In September 2020, the Aspen Network of Development Entrepreneurs (ANDE) published a study titled “Impact Investing in Latin America”, which examines trends in the region during 2018 - 2019. Below is a spotlight on Central America, which uses data from the full report to highlight key trends in Central American countries during this two year period."

"The Impact Investment Landscape in Brazil is a follow-up to the study launched by the Aspen Network of Development Entrepreneurs (ANDE) and the Association for Private Capital Investment in Latin America (LAVCA) in October 2018. This national report is based on a sub-sample of the 67 survey respondents from the Latin America study, of which 29 are active in Brazil and 22 invested in the country during the period 2016-2017. Most of them identify themselves as impact investors or managers of private equity or venture capital funds. The report provides data on the profile of the active investors, investment activity for 2016-2017 and expectations for investment in Brazil in 2018-2019."

"Imazon, a Brazilian nonprofit promoting sustainable development of the Amazon, exemplifies how social ventures can stay small to achieve large impact. This case study is relevant for any social enterprise working to have outsized impact by collaborating with partners to change systems. It is also relevant for any enterprise using data to create incentives for change."

"This evaluation assesses the impact of International Finance Corporation's (IFC's) Business License Simplification Project in the municipality of Lima, Peru. It reviews two previous evaluations sponsored by IFC and adds new evidence. Under the project, IFC's Foreign Investment Advisory Services (FIAS) worked with the municipality of Lima to reform the administrative process for obtaining a business license in Cercado de Lima, one of 44 districts that comprise metropolitan Lima. According to the municipality, 64 percent of the businesses in this district lacked a business license in 2005, and most of them were microenterprises. The present evaluation conducted an independent review of previous studies, collected additional data, verified the previous findings, and placed the findings in the context of related studies and evaluations. The goal was to take stock of the results, collect and use other evidence, and draw lessons for future IFC and World Bank operations."

"The objective of the study was to rigorously evaluate SME programs in four Latin American countries Mexico, Chile, Colombia and Peru to gain insights into whether SME programs work, which programs perform better than others, and why. This report should be of interest to country governments, policymakers with responsibilities for SMEs, local researchers and the private sector in the region, as well as World Bank staff and bilateral donors."

"In 2015 and 2016, ANDE held roundtables on green inventing in Brazil, India, Kenya, Mexico, and South Africa with a diverse group of participants. The report compiles the findings from these discussions, from desk research, and from interviews with subject matter experts on the areas where invention-based entrepreneurs who promote environmental responsibility require ecosystem-level support in order to succeed."

"Why is high-growth entrepreneurship scarce in developing countries? Does this scarcity reflect firm capabilities constraints? We explore these questions using as a laboratory an accelerator in Colombia that selects participants using scores from randomly assigned judges and offers them training, advice, and visibility but no cash. Exploiting exogenous differences in judges' scoring generosity, we show that alleviating constraints to firm capabilities unlocks innovative entrepreneurs' potential but does not transform subpar ideas into high-growth firms. The results demonstrate that some high-potential entrepreneurs in developing economies face firm capabilities constraints and accelerators can help identify these entrepreneurs and boost their growth."

"After hearing of the success of Fundación Chile, the governor of the Mexican state of Jalisco sought to recreate the foundation locally. The result is Fundación Jalisco, which seeks to import successful business models to small farmers in Jalisco. For its first project, the Fundación imported high-yield blueberry plants from the United States, started a nursery, and gave the plants to local farmers who were capable of growing them successfully. The farmers deliver their berry harvest to the foundation, which packages and sells it throughout Mexico and overseas in the United States and the United Kingdom. The venture has been highly profitable for all concerned, and the foundation is now seeking to diversify into value-added products such as olive oil and cheese. The foundation relies on a combination of state funding and private investment."