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Rural Development Project in the Central Eastern Region (PRODERCO)

Rural Development Project in the Central Eastern Region (PRODERO)

PRODERO was IFAD's first initiative in Honduras and was a pioneering project in the diffusion of soil conservation techniques and particularly in developing environmental awareness among poor people and technical staff. Objective of the project was to help 8,400 families overcome chronic poverty by developing the local potential for self-development of families and local organizations, and by ensuring farmers' access to productive and financial resources.

Some participants who received training in improved production methods and conservation of natural resources have set up their own schools or enterprises and are themselves training farmers and technical workers. In addition, the channeling of resources to zones near areas of conflict has helped reduce social tension and contributes to peace.

Source: IFAD


Status: Closed

Country

Honduras

Approval Date

29 April 1997

Duration

1997 - 2003

Sector

Agricultural Development

Total Project Cost

US$ 17 million

IFAD Financing

US$ 12.28 million

Co-financiers (International)

Central-American Bank for Econ.Integration (BCIE) US$ 1.5 million

Co-financiers (Domestic)

Private sector local US$ 1.36 million

National Government US$ 1.3 million

Financing terms

Highly Concessional

Project ID

1100001032


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