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In general Microcredit projects can range anything between lending to an individual to implementing a project which would help the whole community at large (generally with the aid of the government or a Non-governmental charitable institution). The current Microcredit projects in Central America are mainly concentrated on small size businesses. Microcredit in Central America has been growing at a steady pace of 20% 12%* in the last decade with Honduras among the lower end of growth spectrum. Citation

How does Microcredit work?

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Even though the potential applications of Microcredit to fund the building, maintaining and commercializing Aguaclara plants is immense the difficulties associated with organizing a community of people to apply for Microcredit, the time between application for funding and receiving the money and the size of funding provided by the Microcredit organizations is a barrier. After deliberation in class for now we have decided to put a hold on further exploration of Microcredit as a funding option and focus more on traditional funding sources like Grants.

* "Honduras | Grameen Foundation : Where we work : Latin America / Caribbean." Grameen Foundation - Fighting poverty with microfinance. 06 May 2009 <http://www.grameenfoundation.org/where_we_work/latin_america_caribbean/honduras/^{Image Added}>.