Association of Banking Institutions of Honduras
"MCA-Honduras Producers should be in Credit Bureaus"

Tegucigalpa.-  Maria Lidia Solano, President  of the Association of Banking Institutions of Honduras (AHIBA), expressed that, considering the technical capacity acquired by beneficiaries of MCA-Honduras Farmers Training and Development Activity, they should be included in the directory of the national credit bureaus to access opportunities to participate as potential clients of formal agricultural credit.

Ms. Solano´s remark took place during the second meeting held between specialists of the   implementing firm of MCA-Honduras´ Farmers Access to Credit Facility (FACA) and representatives of several banking institutions.

This meeting was promoted by MCA-Honduras in an effort to publicize the Program´s strategy to train the banking system in the application of new credit products for the agricultural sector.  Attendees included representatives of the following institutions: BAC Honduras, Banco de los Trabajadores, Bamer, Promérica, Banpaís, HSBC, FICOHSA, LAFISE, FICENSA, Banco de Occidente and Banhcafé.

Invitees had the opportunity to learn about the advances obtained and the methodologies applied in the implementation of  the Farmers Training and Development Activity (FTDA) which is currently assisting more than 800 farmers nationwide. FTDA aims at graduating approximately 8,255 agribusiness owners –who currently have an annual income of less than US$ 2,000 per hectare.  The bank representatives were interested in the technical assistant approach being applied and requested a list of FTDA´s participants to finance them.  They were also interested in studying possibilities to incorporate in FTDA, some of the current clients that could eventually comply with MCA-Honduras requirements.

In order to facilitate contact between the potential clients and the banks – linking demand and offer – proposals included the organization of business to business events.  Attendees also proposed to encourage, among the banks which do not have an agricultural credit department, the hiring of outsource services to monitor their agricultural credits.

The event was presided by María Lidia Solano, who is currently leading the process to coordinate actions between the banking system and the agricultural sector, and by Marco Bográn, MCA-Honduras Deputy Director, who thanked AHIBA for the opportunity given to present the process and the overall activities currently being implemented by MCA-Honduras, in favor of the rural sector of Honduras.


Andrew Medlicott, FTDA Director, during his intervention.

 


Attendees to the presentation of FACA's strategy. .


 


2009. Millenium Challenge Account. Tegucigalpa, Honduras.

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