Peru recently took over Mexico’s place on impact investment in Latin America with a total of $218 million US dollars received.
“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.
In a total of 152 investments, Peru was able to receive this amount of money. Mexico, instead, fell to third place with $169 million US dollars, just Behind Ecuador ($185 US dollars).
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).
“The new data is from the 2018 edition of the ‘Impact Investing Landscape in Latin America,’ a report from the Aspen Network of Development Entrepreneurs and the association for Private Capital Investment in Latin America, or LAVCA. The two organizations released a first edition in 2016”, the aforementioned media explained.
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.