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Fundación Chorotega

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Public Statement 2016

Title Strengthening Women’s Social and Economic Development in Namasigue
Type of organization Foundation
Country Honduras
Duration  Three years
IAF Funding   Anticipated funding amount: $227,350
Obligated in FY 2016: $113,675
Counterpart Committed  $125,780 (In cash: US$90,180; In kind: US$35,600)
Number of direct &
indirect beneficiaries
Direct: 140
Indirect: 500
Primary program areas Gender, Economic development/income generation

Fundación Chorotega’s (FUNDACHOR) roots begin with the Cooperative Chorotega, a local credit union with over 50 years of experience and more than 70,000 members. Chorotega’s board established FUNDACHOR in 2011 to provide community services beyond savings and loans, focusing on health, education, production and the environment. Every year a general assembly, composed of 25 small, local agricultural and fisheries producers and merchants, selects volunteer members to chair its board. FUNDACHOR’s accomplishments include establishing a scholarship fund and a medical clinic, creating a cashew cooperative, and supporting farmers to manage natural resources and implement agricultural projects. Its operational structure consists of an executive director, an administrator, medical staff who run the clinic and volunteers. Previous funding comes from the Cooperative Chorotega and the World Food Program.

Development Objective
To strengthen the capacity of shrimp producers to generate income.

Project Description
Fundación Chorotega (FUNDACHOR) will build the capacity of five groups of predominately female shrimp producers to increase their incomes by offering training, technical assistance, materials, and exchanges, and assessing the creation of a shrimp producers’ association. The grant will benefit 140 producers directly and another 500 individuals indirectly in Namasigue, in the department of Choluteca. 

Rationale for Funding
Honduran women's earnings represent a third of their male counterparts, and as a result suffer more from poverty and social inequality. This grant’s beneficiaries, female shrimp producers, are examples of this phenomenon. Middlemen who buy the shrimp cheap, reap the benefits through bulk sales and access to markets. FUNDACHOR will unite five women’s groups and provide them the technical support to confront environmental changes that impact production, as well as how to more directly access markets to improve income.  FUNDACHOR’s efforts to promote sustainability by encouraging collective action and local alliances are core characteristics of IAF grantee partners in Honduras.

Learning Opportunity

The project should confirm the benefits of collective action when producers want to access financial resources and training in order to improve harvests, access new markets and increase their incomes.