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2020 Survey of Entrepreneurs and MSMEs in Peru: Building the Capacity of MSMEs Through Social Entrepreneurship

Published on August 31, 2020

A national survey of entrepreneurs and micro, small and medium enterprises (MSMEs) in Peru to provide an analysis of business development in the region, and to better understand the opportunities and challenges faced by Peruvian MSMEs and aspiring entrepreneurs around social entrepreneurship. 

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Highlights
1
More than half of survey respondents are unaware of several support initiatives available to assist their business
2
The two most cited barriers to MSME growth are the domestic government and financing
3
The most cited barrier to social enterprises’ success is the domestic government, specifically insufficient state support for these enterprises

The Asia Pacific Foundation of Canada’s 2020 Survey of Entrepreneurs and MSMEs in Peru: Building the Capacity of MSMEs Through Social Entrepreneurship report showcases survey results of 250 respondents involved in micro, small, and medium enterprises (MSMEs) in Peru. The report provides an analysis of business development in the economy with a specific focus on social entrepreneurship.

This report has three main sections: company and entrepreneur profiles of the survey population, an analysis of respondents’ growth plans and the barriers they perceive to MSME growth, and an evaluation of the opportunities and challenges for social entrepreneurship in Peru. Each section identifies both general and specific trends, with disaggregated data by gender, age, industry, and business size.

Findings from the 2020 National Survey of Entrepreneurs and MSMEs in Peru have highlighted the need to continue supporting MSMEs, both in their general business needs and the specific barriers they face in social entrepreneurship.