- Published by
- USAID
- Project implementer
- ACDI/VOCA
- Donor
- USAID
- Programme
- Transforming Market Systems (TMS) Activity
- Results level
- Poverty reduction
- Intervention types
- Improved access to finance
- Improved access to information
- Improved marketing of products
- Improved value chain coordination
TMS Activity aims to enhance economic opportunities and resilience in Honduras. The annual report details the progress and achievements of the programme in 2023.
It focuses on job creation, with 6,815 new jobs for youth, resulting in USD $51.4 million in additional annual wages. It highlights the empowerment of women and youth, noting high levels of job satisfaction and alignment with personal aspirations.
The report cover youth inclusion in agriculture, non-agricultural sectors, and the digital economy, as well as significant public and private capital mobilisation. It also emphasises policy advancements, with 27 policies progressing in the reform process. It details the adoption of improved practices and technologies, the strengthening of alliances, and the overall positive impact on the community's willingness to invest and remain in Honduras.
Intervention description
The annual report for FY2023 highlights several interventions aimed at improving market systems. Specific activities included job creation and entrepreneurship initiatives in both agricultural and non-agricultural sectors.
The programme collaborated with microfinance institutions, local enterprises and other market actors to promote new business models and financial products. One notable intervention was creating 6,815 jobs for youth, including positions for youth farmers, agricultural workers and technicians.
The programme partners adopted the promoted models, showing high levels of engagement and adaptation. Additionally, 94 per cent of women and 91 per cent of youth expressed alignment with the programme goals, indicating strong partner support and intent to continue these models beyond the programme's support.