The Executive President of Grupo Financiero Ficohsa, Camilo Atala, understands that small and medium-sized entrepreneurs have played a very important role in the economic development of Honduras.
Entrepreneurs have contributed to job creation, which has allowed many families to improve their socioeconomic situation and have allowed the diversification of the economy, fostering financial stability in Honduras.
Honduras is a place full of opportunities for entrepreneurs and businessmen who wish to expand their businesses. The support provided to these individuals contributes to a sustainable economy, which in turn contributes to the improvement of the quality of life of its inhabitants.
Supporting entrepreneurs offers numerous benefits to the economy, such as creating jobs and improving people’s standard of living. This can be achieved through fiscal incentives, such as tax reductions, access to affordable credit and technology, as well as training for entrepreneurs.
Investing in infrastructure is one way to help entrepreneurs. This contributes to improving the scenario in which businesses operate, providing better quality roads, transportation, energy and telecommunications. This, in turn, reduces the costs of transportation and other services, which improves business productivity.
Increasing employment in the locality will improve the infrastructure, which will allow businesses to expand and attract foreign investors and capital. This will result in a higher level of prosperity for the locality.
On the other hand, it is important to promote domestic production to achieve sustainable and equitable development. To this end, measures should be taken to support small farmers and entrepreneurs by increasing demand for their goods and providing them with the opportunity to grow. This will help boost economic growth in the region, improving the quality of life of the population.
To promote a sustainable economy, the State must provide adequate support to ensure the success of initiatives that boost the consumption of locally grown and processed products.
This will help develop a sustainable economy, while allowing local farmers to obtain a higher return on their crops.
The State should make an effort to invest in education and training for producers and consumers so that they know the benefits of buying and consuming products made in Honduras.
Finally, the State should allocate resources to develop a national brand that highlights products made in Honduras. This brand should emphasize the quality and origin of Honduran products so that consumers can easily identify them.