©image:
Banco Interamericano de Desarrollo
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).
"... rural areas will be supported with technical assistance, training, financial resources, as well as assistance in transforming and selling the goods produced in each area", explained Ramón Chacón, Pronaders director.
Source: proceso.hn
More on this topic
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.
November 2009
The loan from the IDB will help the company refinance short-term debt, releasing funds to expand facilities and provide credit to small producers
The Inter-American Development Bank approved a US$15.6 million loan to help Corporación Agrícola S.A. (Agricorp), Nicaragua’s leading distributor of rice, wheat, beans, and other staple food products, to ensure reliable food supplies and expand opportunities for small-scale farmers.
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."
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.
español
1895
