Small businesses in the Dry Corridor of Honduras face precarious environmental conditions and lack access to capital, increasing incentives for people to seek income and employment in other places including migrating to the United States. The Fundación Agencia de Desarrollo Económico Departamental de Valle (ADED VALLE) trains and provides financial capital to small businesses and farmers’ associations to improve production and insertion into value chains. At the IAF, we support community-led solutions to expand economic opportunity in Honduras. ADED VALLE’s activities encourage small business growth and ensure meaningful opportunities for communities to thrive.
This grant is part of our broader initiative to support economic prosperity, democracy and governance consistent with the U.S. Strategy for Engagement in Central America.
|Project:||Location:||Years active:||IAF grant funding:||Counterpart commitment:||Direct beneficiaries:||Indirect beneficiaries:||Program areas:|
|Social and Economic Inclusion of Women and Youth in Small Enterprise Development in the Dry Corridor border region||Honduras||2018 – 2021||$200,750||$341,710||600 individuals||2,000 individuals||job skills and enterprise development|