Rural Market Opportunities in the Gulf of Fonseca

Inclusive economic growth can break the cycle of poverty and social marginalisation in the Dry Corridor where the Gulf of Fonseca region is located. Agriculture is seen as the priority sector where efforts to address productivity, market and infrastructure issues are concentrated. Similarly, non-agricultural economic activities provide opportunities, as they generate a vigorous and diversified local economy.  The Rural Market Opportunities Project in the Gulf of Fonseca contributes to the inclusive local economic development of 33 municipalities located in the region, with an emphasis on vulnerable populations, women and youth; specifically focusing on improving productivity and income.  
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Valle Department, Honduras
13.545236
-87.570026
Project duration
2017 - 2022
Financed by
  • Global Affairs Canada

The project

The “Rural Market Opportunities in the Gulf of Fonseca” project is sponsored by Global Affairs Canada and implemented by Swisscontact. It addresses entrenched poverty and low economic productivity in the Dry Corridor by enabling rural MSMEs, including agricultural producers, to take full advantage of the agricultural and non-agricultural market opportunities available to them. 
The project approach to rural private sector development, is to build strength throughout the local economic system – supporting small businesses to operate more efficiently and effectively; helping them gain access to and meet the demands of local, national and export markets; and fostering an enabling environment that is conducive to their success and sustainability of the businesses. It will also link local economic development plans to broader regional and national strategies to harmonise efforts and make them more efficient. The project will reach 7460 people and their households. 

Objectives

The project is expected to have achieved three intermediate outcomes:

  • Improved business, technical and/or financing practices by small-scale enterprises, especially those led by or mainly employing women, youth and/or marginalized people living in poverty
  • Increased productivity and sales by small-scale enterprises and producers, especially those led by or mainly employing women, youth and/or marginalized people living in poverty
  • Strengthened entrepreneurial ecosystem in the municipalities with local and regional organisations and networks of entrepreneurs.

Highlighted activities

  • Development of technical and administrative capacities of the target population
  • Increased access to new markets.
  • Strengthening of local platforms for social and economic development
  • Competitive and business performance-related competitions.
  • Local, national and international fairs.
  • Development of new financial products.
  • Development of business models.
  • Development of new economic business development services.

 

Project partners

  • Ministry of Agriculture and Livestock
  • Secretariat of Economic Development
  • CDEMIPYME
  • Chamber of Commerce and Industry of the South CCIS
  • Technological University of Honduras UTH
  • Centro Universitario del Litoral Pacífico CURLP
  • Honduran Institute of Tourism IHT

Expected results

  • to improve business, technical and/or financing practices by small-scale enterprises, especially those led by or mainly employing women, youth and/or marginalized people living in poverty;  
  • to increase productivity and sales by small-scale enterprises and producers, especially those led by or mainly employing women, youth and/or marginalized people living in poverty; and  
  • to strengthen support within the local economic development system for small-scale enterprises and producers, especially those led by or mainly employing women, youth and/or marginalized people living in poverty.  

Project links

News

Honduras
Entrepreneurial ecosystems, Upskilling and reskilling
31.05.2022
Transfer of knowledge and experiences in cashew production and sustainable agricultural practices 
Representatives of the cashew value chain, the business sector of the Gulf of Fonseca region, Central Government, NGOs and other actors participated in the presentation of results of the International Centre for Tropical Agriculture (CIAT) under the partnership with the project Rural Market Opportunities in the Gulf of Fonseca.
Honduras
Upskilling and reskilling
31.08.2021
Technical and entrepreneurship training for rural Hondurans
In the second quarter of the year 2021, the project has carried out a series of activities that have achieved important results, including: the graduation of women and men cashew and fruit producers who successfully completed the technical and business capacity building programme.  
Honduras
18.05.2021
Working to make gender research actionable in Honduras
Given the challenge of making gender approaches and concepts actionable, especially the concept of women’s empowerment, multiple tools have been developed to operationalize theory and thus improve the lives of women in the agricultural sector. However, many of the opportunities that exist to improve the capacity of practitioners to generate change still lie in our ability to share the lessons we learn by implementing these tools with rural communities.