The Inter-American Development Bank (IDB) announced Friday that it will lend Honduras US$27.1 million to finance the National Program for Sustainable Rural Development (Pronaders) in the departments of Colón, El Paraíso, Gracias a Dios, and Olancho. The program, directed by Ramón Chacón, was created by the Honduran government to enhance the quality of life in rural communities through self-management and community participation. It provides technical assistance, training, and loans to help improve marketing and commercialization of production. The government will also provide counterpart funds for Pronaders. The IDB on November 11 resumed disbursements of funds to Honduras that it had frozen shortly after the ousting of President Manuel Zelaya. The move to overturn economic sanctions by the IDB followed the signing of the Tegucigalpa-San José Accord between representatives of interim president Roberto Micheletti and Mr. Zelaya on October 30. (photo courtesy Internet)
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