There has been considerable interest in identifying important predictors of access to credit and its role in entrepreneurial success. In this context, gender has emerged as an attribute of particular interest. This paper contributes significantly to this literature by using firm level data from the 2006 Enterprise Survey of 13 countries in the Latin America region, we examine gender based gaps in entrepreneurial performance and test various hypotheses offered to explain the observed patterns, including gender based differences in access to formal credit.