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Persistent economic insecurity among large and traditionally vulnerable populations is driving migration in Guatemala, especially in its Western Highlands. Research shows that most Guatemalans have a relative living abroad; in rural areas, 74 per cent have family in a foreign country.
Although remittances play a crucial role in helping meet basic needs, they have not been leveraged to foster local economic growth and financial security among vulnerable populations.
This innovative project promotes economic opportunities and financial inclusion of poor migrant and host community households in Guatemala, especially people of Mayan descent. It is a collaboration between Inter-American Dialogue (IAD), eight municipalities in Amatitlán and San Marcos Department, four financial partners, and four public schools.
The project aims to enhance local economic activity by training beneficiaries, fostering formalisation and inclusion, expanding access to modern tools and market strategies, and creating vibrant economic microecosystems. This approach will help build assets, wealth, and hope in future opportunities that benefit people at scale and sustainably.
The project is part of the Resilient Systems of Secondary Cities and Migration Dynamics Programme financed by the Swiss Agency for International Development and Cooperation (SDC).