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Foreign assistance to Northern Triangle countries (El Salvador, Guatemala, and Honduras) is meant to promote prosperity, good governance, and security in the region.
The U.S. Agency for International Development planned to spend $1.14 billion helping microenterprises (businesses with under 10 employees) from 2015-2018. We reviewed USAID project evaluations and academic literature to see how this aid affected women and the very poor.
Haiti is still struggling to recover from the massive 2010 earthquake that claimed more than 200,000 lives and caused $7.8 billion in damage. A cholera epidemic, hurricanes, and other subsequent disasters have stalled progress and economic growth.
Since the earthquake, the U.S.
Millions of poor families in the developing world earn money from very small businesses. Congress requires the U.S. Agency for International Development to spend at least $265 million a year to support micro, small, and medium-sized enterprises.