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.
The project is expected to have achieved three intermediate outcomes: