Founded more than three decades ago initially to provide financial services for stakeholders in the nation’s coffee industry, Banco Hondureño del Café (Banhcafe)
has since diversified and also established a foundation focused on supporting the social wellbeing of production-oriented communities.
In 1985, Fundación Banhcafé (Funbanhcafe) was created to raise living conditions and bring about social progress for people with low income levels in the country’s coffee farming communities. It partners with various major international bodies, such as the Inter-American Development Bank and the EU.
“Through the foundation we are involved in projects concerning electrification, sanitation, potable water, vegetable production or subsistence farming without pesticides with organic fertilizer,” says Miguel Alfonso Fernández Pérez, Vice-President of the Board at Banhcafé.
“In 2012 we launched a youth employment initiative with the Government of Spain, which, in collaboration with the Ministry of Labor, has made sure that young people from rural communities arriving in urban areas have an information center where they can get to apply for a job.”