We revisit the long-standing problem of learning from small sample. The generation of new samples from a small training set of labeled points has attracted increased attention in recent years. In this paper, we propose a novel such method called GLICO (Generative Latent Implicit Conditional Optimization). GLICO learns a mapping from the training examples to a latent space and a generator that generates images from vectors in the latent space. Unlike most recent work, which rely on access to large amounts of unlabeled data, GLICO does not require access to any additional data other than the small set of labeled points. In fact, GLICO learns to synthesize completely new samples for every class using as little as 5 or 10 examples per class, with as few as 10 such classes and no data from unknown classes. GLICO is then used to augment the small training set while training a classifier on the small sample. To this end, our proposed method samples the learned latent space using spherical interpolation (slerp) and generates new examples using the trained generator. Empirical results show that the new sampled set is diverse enough, leading to improvement in image classification in comparison with the state of the art when trained on small samples obtained from CIFAR-10, CIFAR-100, and CUB-200.