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Mujeres Sin Límites Impact Report

Mujeres Sin Límites is a Fundación Belcorp program aiming to promote the solid and profitable growth of women's businesses by strengthening their leadership and entrepreneurial skills.

92%

accessing services for the first time

49%

quality of life ‘very much improved’

94

Net Promoter Score

Mujeres Sin Límites is a program from Fundación Belcorp for women entrepreneurs. It aims to promote the solid and profitable growth of women’s businesses by strengthening their leadership and entrepreneurial skills. It is a completely free program operated and certified by prestigious universities in the region.

Key Insights

The “Mujeres Sin Límites”,or MSL program (“Women Without Limits” in English) supports a diverse group of women that have been usually neglected

The vast majority of the women we spoke to are Belcorp Independent Consultants and have diverse educational backgrounds. Ninety-two percent of graduates did not have access to a program similar to the one provided by MSL, placing MSL in the top 20% of programs supporting micro-, small and medium-sized enterprises (MSMEs) globally, according to 60 Decibels Benchmark. Therefore, large part of the results can be attributed to the program. 

Less than a year after completing the MSL program, graduates are already reporting a significant, positive impact on their businesses

35% of graduates report a significant increase in their income, primarily due to the implementation of marketing and promotional strategies, followed by improved customer relationships. Graduates also report significant improvements in business management (80%) as well as in business growth prospects (82%) thanks to MSL.

“I have more sales and more clients, as well as greater customer reach, which helps me achieve greater stability and become more solvent.”

Belcorp Independent Consultant

“My clients have more confidence in my business now that I’ve formalized it. More clients come to me thanks to the tools I’ve been provided, which is very important for expanding my business and thus increasing the amount of money I earn.”

Independent Entrepreneur

“My business and personal life improved a lot. Each teacher gave me ideas that helped me grow, and I started to set a salary for myself from my income, which helped me to better control my money.”

Belcorp Independent Consultant

“At MSL, we talked about the difficulties with payments, and I learned to manage my finances better, organizing each month and achieving small goals, like buying enough products to have stock available. I have been doing well and, most importantly, I do not have any debt.”

Belcorp Independent Consultant
Graduates also say that the program had a significant impact on their personal lives

76% of graduates report that their confidence in themselves and their abilities improved significantly due to MSL, primarily due to personal growth and learning new skills. 65% say their ability to make personal decisions independently has significantly improved, which in turn had an impact on their household dynamics by creating more time for personal or professional goals and providing greater financial stability. About half of them report that their quality of life has improved significantly, primarily due to the growth of their business. Finally, 76% report that their motivation to be an entrepreneur has increased significantly due to MSL.

Graduates are deeply satisfied with the MSL program

MSL has an NPS (satisfaction and loyalty metric) of 94, which is exceptional and is the highest value recorded in the 60dB Benchmark regarding support to MSMEs. The main reasons for satisfaction include personal empowerment, learning financial skills, and content quality. Only 6% experienced any challenges, the most common being challenges related to technology. In turn, 71% of them consider the content to be very easy to understand, but only 30% so far have fully implemented it. It would be very important to delve deeper into the reasons why graduates have not yet fully implemented the course content.

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