Seed Money Without Soil: Why Remittance-Backed Ventures in Latin America Struggle to Take Root
Remittances from abroad have become one of the most widely cited catalysts for small business formation across Latin America, yet survey data from IDCL Latin Survey reveals a troubling pattern: the majority of ventures launched with diaspora capital fail to reach sustainability within three years. This analysis examines the structural reasons behind that failure rate and outlines what smarter capital deployment could look like.