Agricultural sector Agricultural support Agronomy agricultural production Jacobo Regalado loans for agriculture Agriculture Honduran Ministry of Agriculture and Livestock Ministry of Agriculture Livestock and Food in Guatemala World Bank agricultural development agricultural sector loan loans Agricultural Code

$100 Million for Honduran Agriculture

The investment, backed by the IDB and the World Bank, consists of various projects to support the farming sector.

Monday, July 12, 2010

The minister for the state's farming council (SAG), Jacobo Regalado, highlighted in particular the “Rural Competitiveness” project. This scheme will last six years, benefit seven departments and is aimed at helping the rural poor.

“Another $26 million is planned for an agricultural program called ‘Pro-business’ (Pronegocios) with funds going to the departments of Gracias a Dios, Colón, Olancho and El Paraíso”, continues Regalado in Laprensa.hn.

Source: laprensa.hn

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Panama: $58 million for Loans to Agriculture

August 2013

The Agricultural Development Bank has obtained a $58.2 million loan which will be dedicated to domestic producers for the fiscal year 2014.

Prensa.com reports: "The figure is higher by $3.4 million, compared to 2013, it comes from the budget of $89.4 million which was presented to the National Assembly by Rigoberto Amaya, manager of the Agricultural Development Bank (BDA)".

Panama: Government Promises to Buy Agricultural Production

April 2013

Besides buying red beans, black beans and rice, agreements have been made for the regulation of imports, seeking funding for the sector, and production insurance payments.

The agreement reached between producers and the Government of the country, states that the Institute of Agricultural Marketing (IMA by its initials in Spanish), will buy 50 thousand quintals of red beans at $65 per quintal, and 38,000 quintals of black beans at $45 per quintal.

New Resources for Panamanian Farmers

May 2011

The Agricultural Development Bank (BDA) is making procedures more flexible in order to expedite loans to the agricultural sector.

The financial institution will lend up to $10 billion with an interest rate of 2% in regional fairs, and will expedite the necessary paperwork to formalize the credit.

Agreement to Build Low-Cost Housing in Nicaragua

May 2009

At least 3 Nicaraguan banks obtained a loan of $10 million each from the INSS to finance low-income housing projects.

The president of the Association of Private Banks of Nicaragua (ASOBANP), Arturo Arana, told Prensa.com that the agreement with the Nicaraguan Social Security Institute (INSS) “had already been approved and 'I think that several banks already have it.