Broadening of Rural Development Program in Honduras

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

Thursday, April 23, 2009

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."



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EU Contributes to Agricultural Development in Honduras and Guatemala

March 2009

The EU announced $25 million in aid to Guatemala and $17 million to Honduras for agricultural development.

According to what Laprensagrafica.com published, the announced assistance by the European Commission is aimed at "improving access to fertilizers, seeds and other agricultural products, and measures to boost agricultural production such as micro-credit, rural infrastructure and financing of public works such as roads or irrigation systems which are labor intensive. It also foresees improved access to veterinary services and agricultural advice."

$10 Million for Small- and Medium-Sized Honduran Businesses

February 2009

The project “Pymerural” will give support to seven thousand small- and medium-sized businesses (PYMES, initials in Spanish) from rural areas.

La Tribuna, on its website, publishes: "The project is supported with funds contributed by the government of Switzerland and will cover ten departments throughout the country, with different areas of aggregate value and with agricultural and non-agricultural products from the rural areas of Honduras."

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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