Fueling Quality Jobs and Equitable Economic Growth
supported by Fast Runner businesses' employees
MORE JOBS CREATED THAN EVER!
Salvadoran, Guatemalan and U.S. businesses in the Bpeace portfolio created more than 1,900 new jobs from 2020 to 2021 for a total of 14,000 people employed.
Central American Fast Runners added 13.5% more jobs, compared to an average 1% growth across Latin America.
In the U.S., Fast Runners grew jobs by 21%, while the national average was 5.7%.
50% of the new jobs created in 2021 by Bpeace Fast Runners were held by women.
OFF-THE-CHARTS REVENUE GROWTH
Bpeace Fast Runners generated $143 million in incremental revenue from 2020 to 2021, representing a 31% increase.
Fast Runner businesses in three countries injected $611 million in revenue into their local economies.
OPENING DOORS TO INTERNATIONAL MARKETS
47% of the Bpeace portfolio exported products or services, often driven by Bpeace guidance and introductions to new clients and suppliers.
In Central America, Bpeace Fast Runners generated export revenue of $128 million.
Fast Runners’ exports doubled on average after participating in a Bpeace program.
in export revenue
of the Bpeace portfolio exported
ACCESSING NEW CAPITAL
Bpeace Fast Runners raised $61.7 million, by being well positioned to capture capital made available for post-Covid economic recovery.
49% of Fast Runners secured new financing, and 80% of the capital raised was as a loan.