$10 Million for Honduran Rural Development

The loan from the International Fund for Agricultural Development will finance the program for the development of the southern region.

Thursday, November 25, 2010

The Sustainable Rural Development Program for the Southern Region (EMPRENDESUR) aims to increase employment opportunities and food security for small producers.

Proceso.hn reproduces words of President Porfirio Lobo at the signing of the loan agreement, "We are bringing in large investments to Honduras, there is much talk at the lack of our own programs, but sometimes what we do not see is that if we promote programs like this, the sum of many small business owners make a big investment and profit.”

More on this topic

Latinoamerican and Caribbean agriculture forecast

October 2011

The Outlook for Agriculture and Rural Development in the Americas: A perspective on Latin America and the Caribbean 2011-2012.

ECLAC, FAO and IICA press release:

San Jose, Costa Rica, October 21 (ECLAC/FAO/IICA). Despite the current context of volatility and high food prices, in the long term, the agricultural sector in Latin America and the Caribbean (LAC) will be able to take advantage of the opportunities afforded by having available land - albeit concentrated in a few countries- a relative abundance of water, biodiversity and well-educated human resources.

BCIE: $25,000 to 23,823 families in El Salvador

May 2011

The BCIE has awarded $25 000 which will benefit small and medium farmers at a rate of one dollar and five cents per household.

The BCIE press release states verbatim, "In order to promote Central America’s social and economic development and to reaffirm its commitment as the main source of resources for the MIPYME (Micro, Small and Medium Enterprises) of the region, the Central American Bank for Economic Integration (BCIE) has allocated $25,000 to the Government of El Salvador to be used to combat rural poverty”.

Broadening of Rural Development Program in Honduras

April 2009

With a contribution of $5 million, the US Agency for International Development announced the extension of the program.

The U.S. ambassador, Hugo Llorens, informed the extension of the Rural Economic Diversification Program (USAID / RED) for 21 additional months.

La Tribuna published on its website, "USAID/RED works with micro, small and medium sized rural enterprises to enhance competitiveness, expand exports and local sales and promote increased production and investment in products with higher value."

IFAD gives Panama US$4.2 million credit for rural development

July 2008

The United Nations' International Fund for Agricultural Development (IFAD) has granted Panama a credit of US$4.2 million for a rural modernization project.

The aim of the initiative, according to IFAD, is to improve the social and economic conditions of 10,000 people in central Panama, most of them small farmers, landless laborers, housewives and unemployed youths with annual income of less than 600 euros (US$953).

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