Insights on MSE resilience and digital transformation
Micro and small enterprises (MSEs) are vital to Mexico’s economy, making up 98.7% of all private companies, contributing approximately 52% to the Gross Domestic Product (GDP), and generating 72% of national employment. However, these businesses face significant challenges in embracing digital transformation, with many struggling to integrate the right digital tools effectively. Despite the potential for digitalization to drive growth and resilience, barriers such as limited access to digital financial services and a heavy reliance on cash, particularly among traditional retailers, impede progress.
Our Strive Mexico Explorations infographics shed light on these challenges and provide actionable insights. They showcase how targeted support and innovative strategies can help MSEs overcome these barriers, empowering them to thrive in an increasingly digital economy.
Strive Community’s evidence map reveals how digital tools and data-driven strategies are transforming small businesses.
The Digital Stickiness Index reveals critical insights into how digital tools like social media and digital payments impact small businesses.
Explore the income volatility and resilience of small businesses in Colombia through the lens of Financial Diaries.
The research reveals key insights into the most important components of financial, operational, digital, entrepreneurial and psychosocial resilience that help MSEs navigate unexpected challenges.
Learn about different strategic interventions that are helping traditional retailers in Mexico shift from cash to digital payments.