Innovations in financing structures for impact enterprises: Spotlight on Latin America

2017
Page count
64
pages
Description

This report highlights how traditional debt and equity financing structures often fail to adequately meet the needs of early-stage impact enterprises. It examines the pain points for both investors and entrepreneurs around traditional structures and the need for innovative instruments, provides examples of emerging and proven models, from revenue-based mezzanine debt to self-liquidating equity, and offers suggestions for concrete steps to advance the adoption of alternative structures to foster impact enterprises. 16 case studies from throughout Latin America aim to offer an overview of innovations both at the deal level and at the capital aggregation level, where holding companies and open-ended funds have proven to be potentially well suited for this space.

Publisher
The Multilateral Investment Fund (MIF), Rockefeller Foundation
Publish date
Authors
A. Armeni
M. Ferreyra de Bone
Language of publication
English
Region/Country
Region
Latin America and the Caribbean
IB topics
Finance for Inclusive Business