Can better finance help Latin America's microenterprises take the next step?

According to a recent World Bank report, "a massive 60 percent of Latin America employees work for businesses with five or fewer employees." And while the region generates a high number of new businesses, these companies grow much more slowly than their counterparts in other middle-income regions. In short, in the words of World Bank economist Augusto de la Torre, Latin American companies "tend to start small, and stay small."