Honduras: $10 Million for Agricultural Projects

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

Tuesday, September 21, 2010

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.

At an encounter in Rome, the country subscribed an agreement which involves $30 million for agricultural development, of which $10 million are disbursed by IADF.

More on this topic

$ 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: $27 Million for Agriculture Projects

January 2010

The Inter-American Development Bank (IDB) will loan $27 million to a program fostering rural business.

The funds are earmarked for the departments of Olancho, El Paraíso, Colón and Gracias a Dios, and intended to fund projects by small producers. It is part of the National Program for Sustainable Rural Development (Pronaders).

$14.98 Million for Salvadoran Agriculture

April 2009

The funds will be used to finance a project for the transformation of agricultural subsistence activities.

The loan by the International Fund for Agricultural Development (FIDA) will directly benefit 33 thousand people and promote the modernization of agricultural production.

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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