Guatemala

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…

Two people working on laptop

Impulsa Tu Empresa

Impulsa Tu Empresa aims to help small and growing businesses boost their growth through mentoring and business training. Since its launch in 2012, the program has increased the sales of over 1,500 businesses and helped create 1,600 new jobs in Guatemala, Honduras, El Salvador, Nicaragua, Colombia, and Burkina Faso.

Entrepreneurship
Argidius Foundation, Citi Foundation, Inter-American Development Bank, Multilateral Investment Fund, PIMCO Foundation, Visa, Walmart Foundation

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…