Browse Honduras Daily Stories

Congress approved transferring 2.15 billion lempiras (about $86 million) from a small-business fund to Banhprovi, Honduras's development and housing bank, to expand lending for small and medium enterprises, productive activities, and home purchases through private financial institutions.

Honduras's MIPYMES federation president José Castañeda endorsed the government's plan to reduce operating expenses while redirecting resources to productive infrastructure, citing poor road conditions and a growing public-sector labor liability that drains budgets with each administration.

With informal employment near 78%, experts say Honduras can expand formal jobs by strengthening micro, small, and medium-sized enterprises through better access to financing, streamlined regulations, and growth incentives.

Honduras's part-time employment law, which promised to generate opportunities since March 2026, has produced only 206 contracts across 43 companies, while restaurants and small businesses across the country announce closures, blamed partly on rising electricity costs.

The National Financial Inclusion Strategy (ENIF) 2025–2030 aims to expand access to bank accounts, digital payments, and formal credit for rural Hondurans, women, and small businesses historically locked out of the formal system.

Frequent blackouts are crippling Honduras's micro, small, and medium-sized enterprises, with the sector reporting estimated daily losses of 15 million lempiras (about $600,000) as outages lasting up to six hours halt production and sales.

Three blackouts lasting 6 to 8 hours in September have cost small and medium-sized businesses in the Valle de Sula an estimated 30 million lempiras (about $1.2 million), with most lacking backup generators to sustain operations, a sector representative said.