Marjorie Mori and Roger Mori, Co-Founders of CICLO

María Fernanda Illanez and José Luis Quintero, Co-Founders of Cusi, with one of the smallholder farming communities the company works with.

Above: Two of Quenco’s farmer beneficiaries

Across Latin America, millions of microentrepreneurs sustain local economies, generate employment, and support household livelihoods while remaining excluded from the formal financial system.

tuGerente is a Bolivian company within IMPAQTO Capital’s portfolio.

Michelle Arevalo-Carpenter and Justin Schwartz, IMPAQTO Capital Partners

IMPAQTO Capital announces an investment in Cirkula, a Peruvian circular economy startup reducing food waste while expanding access to affordable food across Latin America, with operations in Peru and Ecuador.

IMPAQTO Capital invests in DeltaX, a digital logistics platform improving freight transportation efficiency and truck driver income across the Andean region.

Ivonne Quiñones and Marlene Molero, Co-Founders of ELSA

Michelle Arévalo-Carpenter, co-founder and General Partner at IMPAQTO Capital, has been named a 2025 Yale World Fellow, becoming one of a select group of Latin American leaders to receive this distinguished honor.

IMPAQTO Capital is the investment arm of IMPAQTO, the first certified B Corporation in Ecuador, with ten years of driving impact ventures in Latin America. Led by women from its inception, it has been built on principles of equity, innovation, and collaboration.

IMPAQTO Capital invests in Latin American small and medium-sized enterprises (SMEs) and early-stage startups with annual revenue between $200,000 and $3 million.

Every restaurant meal has a visible life and an invisible one.

IMPAQTO Capital is an impact fund supporting companies in the Andean region that drive social and environmental change.