Short descriptionAs part of the extension of the SCORE project in Bolivia, the Lab team, in collaboration with the formalization specialist of the SME Unit, SCORE Bolivia and external consultants, conducted a Rapid Market Assessment (RMA) with a focus on Small and Medium Enterprises (SMEs) in the department of La Paz and in sectors with export and business formalization potential.
The assessment is divided into two sections. The first part of the document presents the results of the scoping phase of the Bolivian market that allowed to identify and select two relevant and viable sectors in La Paz: the agribusiness sector with a focus on Andean grains and the tourism sector. In the second section, these two sectors are further analysed, their market systems are mapped out, and some of the underlying problems inhibiting the performance and growth of the SMEs are identified.
The assessment also highlights potential interventions areas to address these constraints and stimulate inclusive growth in the SMEs, generating more and better jobs in each sector.