Honduras Rural Competitiveness Project

closed

The objective of the Rural Competitiveness Project (COMRURAL) for Honduras is to contribute to increased productivity and competitiveness among organized rural small-scale producers through their participation in productive alliances. There are three components to the project. The first component is the support to productive alliances. It will support pre-investment activities to: (i) promote the project concept and outreach to the Rural Producer Organizations (RPOs), commercial partners and private financing entities; (ii) create and consolidate productive alliances among RPOs and commercial partners; (iii) identify potential business opportunities, including, inter alia, opportunities with respect to basic grains, on the part of the productive alliance; (iv) fully prepare the business opportunity into a business plan; and (v) build capacity among technical service providers to enhance the quality of their services provided to the productive alliances. The second component is the productive investments. It will provide subproject grants to co-finance the implementation of approximately 150 feasible business plans formulated under first component. In order to become eligible, a business plan must be financially feasible, entail a concrete productive alliance, and have secured up-front resources from the private financial sector (minimum of 30 percent) to support the business plan. Finally, the third component is the project coordination, monitoring, and evaluation. It will support the incremental costs associated with the project administration, monitoring, including the setting up and implementation of a participatory monitoring and evaluation system.