With its investments, Emerald Peak aims to:
close the gender gap, and
create job opportunities for vulnerable people.
We do this through:
active ownership in the investee companies,
drive better business practices (non-discrimination, strict anti-corruption,...) in the region,
educate and train the workforce to overcome the gaps of the public education systems,
share the companies’ successes more equally and ultimately give the employees a chance to build sustainable careers and break the cycle of poverty.
4 of the 6 poorest countries in Latin America are in Central America (Nicaragua, Honduras, El Salvador, Guatemala).
The 4 Latin American countries with the highest percentage of teenage mothers are all in Central America (Nicaragua, Honduras, El Salvador, Guatemala).
In Nicaragua, only 16.54% of the EMPLOYED population have a job with social security!
4 of the 8 countries in Latin America with the lowest literacy rate among people aged 15 or more are in Central America (Nicaragua, Honduras, El Salvador, Guatemala).
Climate change impacts agricultural output in some areas to such extent as to push more people into poverty and ultimately migration to urban areas or to countries abroad.
In Honduras the out-of-school rate of children, adolescents and youth of primary and secondary school age is 27.8%.
In Honduras, only 26.15% of the EMPLOYED population have a job that pays them enough to overcome poverty!
Guatemalans, Hondurans, and Salvadorans accounting for 85 percent of detained unaccompanied children at the US Southern border.
In El Salvador the mean years of schooling are 6.5 years.
THE FINANCIAL RESOURCES EXIST, WHAT IS MISSING IS THE WILL TO CHANGE THE SITUATION ON THE GROUND.
PE firms are sitting on a mountain of
1,5 trillion USD in dry powder
as of December 2019.
in COMMITTED but yet UNDEPLOYED capital !
And yet, with all that money available, we are somehow not able to help the most vulnerable among us and make a serious attempt at giving them an opportunity at a better future.
This is an actual picture taken at a busy intersection in Managua. This little boy spends his day there with his sister while his mom is cleaning the windshields of cars waiting at the red lights. If she is lucky, she gets 20 centavos (cents) per cleaning, which is roughly 0.0058 USD.