“The uptick from the previous two-year period was driven by a doubling (from a small base) of capital from homegrown investors”, according to Impact Alpha.
Peru attracted $218 million, more than any other Latin American nation, in 152 investments. Mexico, the longtime leader, fell to third place with $169 million, behind Ecuador ($185 million).
In addition, Impact Alpha said that investors are targeting Latin America with the expectation to raise up to $2 billion US dollars in 2018 and 2019. Most of the institutions that invest the most in Latin America are from microfinance.
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