At a Glance
Amount: $215 million
Signed: June 13, 2005
Compact Implementation
Status Report
Success Stories
- MCC Compact Assistance Helps Honduran Farmer Improve Producticity, Increase Income
- Technical assistance to onion growers in Guinope increase production yields
Web Sites
The five-year compact with Honduras aims to reduce poverty by alleviating the two key impediments to economic growth: low agricultural productivity and high transportation costs.
The $215 million compact places an emphasis on increasing the productivity and business skills of farmers who operate small- and medium-sized farms and their employees and reducing transportation costs between targeted production centers and national, regional, and global markets.