The loan by the International Fund for Agricultural Development (FIDA) will directly benefit 33 thousand people and promote the modernization of agricultural production.
Alfredo Sánchez wrote in Olganza.com: "This project will support the effective management of land in a series of micro-basins and it will encourage the participation of various groups in the rehabilitation of environmentally degraded areas.
The objective is to facilitate access to specialized financial services and provide technical and business assistance to the participants so they can access local and external markets, reported FIDA."
Source: olganza.com
More on this topic
April 2009
The funds provided by the European Commission are aimed at boosting agricultural development and improve the food supply.
The funds, $20 million for Guatemala and $10 million for Nicaragua, are part of a total of $42 million, which also includes Bolivia.
The support will run for three years, until 2011 and “it will finance measures to improve access to agricultural production means such as fertilizers, seeds, veterinary services, micro credit, rural infrastructure, training and support for professionals," according what was reported in the Finanzas.com website.
December 2008
The initiative will provide aid to small farmers in Panama, Belize, Costa Rica, El Salvador, Honduras and Guatemala.
The investment of $12 million will be used to produce 32,000 metric tonnes of seed valued at $52.7 million, according to the Panama America daily.
The UN Food and Agriculture Organization reported that it will support the increase in agricultural production by poor families in more than 20 countries in Latin America and the Caribbean, by providing better access to basic goods.
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.
October 2009
Seminar covering best practices in agricultural value chains and financing its components.
The seminar is being organized to take place in Costa Rica in the second half of November, 2009.
The target audience will be representatives of financial entities active in the agricultural sector, non-financial companies with a stake in the sector (producers, cooperatives, processors, exporters, marketers, input suppliers), Government authorities, business chambers, non-governmental organizations, international organizations and academic the use of agricultural value chains as a mechanism for offering financial services to all the stakeholders involved.
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