Guatemala

Helping Women Build Better Businesses in Latin America

The Impulsa Tu Empresa (“Boost Your Business”) program is a business accelerator program, which aims to help 850 small and growing businesses across Guatemala, Honduras, El Salvador, Nicaragua and Burkina Faso. With support from the Argidius Foundation, the Multilateral Investment Fund, the Walmart Foundation, the Citi Foundation and the PIMCO…

A New Boost for Entrepreneurs in Central America and Africa

In 2010, university student Julio Baltodano surveyed the local apparel industry in Managua, Nicaragua, and devised a clever business idea. Together with his friend Verónica Bucardo, Julio envisioned IKO Imagen as a leather and textile manufacturer that would specialize in handbags and brand merchandising, or placing company logos on t-shirts…

A New Methodology for Teaching Finance

In Nicaragua, Iveth Juárez, a small business owner who processes and sells cereal to the local market, had attended seminars, workshops, courses and training sessions on accounting and finance. But at the end of each session, she always felt the same sense of confusion.

Running a Business Empowers Guatemalan Women

El Petén has long suffered as one of Guatemala’s poorest areas despite its bounty of natural resources. Two thirds of El Petén’s residents live below the poverty line and half lack sanitary services. Many of the children living in this area are severely malnourished, jeopardizing Guatemala’s future generations. Gladis Rodriguez…

Cultivating a Home-Grown Entrepreneur

In 2005, Hurricane Stan struck Guatemala, destroying crops and homes. The losses spelled particular hardship for indigenous communities with little education or resources. For an entrepreneurial farmer named Manuel Yax, this crisis simply reinforced his resolve to follow through on his dream: running a business that would generate economic…