Mike Savage New Canaan | Muscle Cars is a startup focused on addressing poverty in Honduras. The company operates in the Information Technology industry and was founded in 2015. The startup is committed to championing prosperity in Honduras amidst the persistent issue of poverty in the country. Despite facing high inequality, limited economic opportunities, and environmental challenges, the Honduran government has shown progress in reducing the poverty rate through initiatives such as the Bono 10,000 cash transfer program and investments in infrastructure projects. The efforts to promote economic growth and job creation are also yielding positive results, with a projected economic growth rate of 3.5 percent in 2017. While Honduras still has a long way to go in eradicating poverty, the current efforts, backed by sustained commitment from the government and international collaborators, are showing promising progress in enhancing the quality of life for its citizens.
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