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Private sector development

ESA Consultores has supported the development of the private sector through institutional assistance, studies and surveys. We prepared the summary of the Agenda of Competitiveness and Sustainable Development in Honduras as part of the INCAE-CLACDS project Central America in the 21st Century. In the banking sector, we developed the start-up business plan for Banco Credomatic for approval by the Central Bank and we prepared a study of the regulation of interest rates on credit cards in Honduras for the Honduran Association of Banks, AHIBA. We are prepared the chapter on the financial sector for the Honduran Reconstruction Plan following Hurricane Mitch (October 1998). In the field of wireless telecommunications, we carried out a rate-restructuring study for CELTEL in Honduras.

For USAID, we carried out studies of the socio-economic impact of the development of the apparel industry (maquila) in Honduras in the early 1990s, documenting the strong growth in employment and identifying possible limits to future growth related to labor market constraints markets, social infrastructure needs, and environmental management issues in the communities affected by this growth. In the area of micro enterprise, we prepared the first national survey of micro enterprises for the Covelo Foundation in 1998, and we carried out the evaluation of the European Community rural micro-finance program, FINSA.

In the forestry sector, we prepared a specialized study on forestry policies in Honduras for the Central American Council of Protected Areas and Forests, and supported the process of converting the Center for the Use of Forest Products, CUPROFOR, into a private foundation. We supported the development of sustainable plans for river basin management for the Valle de Guayape development project. In the field of agro industry, we have prepared evaluations for agricultural wholesale market projects in central Honduras for the Canadian cooperation agency, and a development study for the pork sector in Honduras for JICA.