$30 million for Honduran farmers

The government will sign a loan for $30 million with Venezuela this week; the funds will be used to finance loans to small farmers.

Thursday, November 6, 2008

The letter of intent will be signed by the Ministers of Finance, Rebeca Santos from Honduras, and Alí Rodriguez, from Venezuela, according to the president of hte Central Bank of Honduras (BCH), Edwin Araque.

More on this topic

Nicaragua: Funding for Irrigation Systems

October 2014

Lafise bank announced it has $5 million to provide 7 year term loans with one year grace to producers in Leon and Chinandega.

After the meeting in Chinandega with producers and representatives from the financial institution solutions that fit the needs of the sector, the effects of climate change and fluctuations in international prices have been agreed in regards to production.

$ 41 Million for Honduran Farmers

April 2011

Funding will be available for basic grains producers.

The Honduran government announced a series of measures to support the agricultural sector, including access to funding of over $ 40 million.

These resources will, among other things, give farmers the ability to implement technological advances which could improve planting results.

Honduras: $10 Million for Agricultural Projects

September 2010

Provided by the International Agricultural Development (IADF), the funds are earmarked for small farmers from the country’s south.

Jacobo Regalado, Agriculture Ministry, explained that the money is aimed to assist small farmers from Choluteca, Valle and El Paraíso, who may also receive the resources as micro-loans.

Nicaragua: $50 Million Deficit in Agricultural Financing

March 2009

The Nicaraguan agricultural sector faces a funding shortfall of $50 million for the current production cycle.

The Minister of Agriculture and Forestry, Ariel Bucardo, in an interview with La Prensa of Nicaragua, said that the total funding required for the three agricultural cycles is $400 million, and added that "we still do not know how much funding is available."

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