This note centers on the Honduras Accessto Land Pilot Project (PACTA). PACTA's objectives aretwofold, to: (1) facilitate access to land for landlesshouseholds through the land market; and (2) promote thedevelopment of sustainable rural enterprises.PACTA'sachievements, thus far, can be summarized as follows: 1) Itestablished a working model for rural enterprise formationthat leverages private sector financing.2) Grants made tofamilies are used to establish productive projects, leveragea proportionally large private investment, and improveaccess to land. 3) Twenty-seven group productive enterprisesand 54 individual enterprises have been established in 24municipalities in 10 departments in Honduras, benefiting 414families. No enterprise is in arrears on loan repayment. 4)The program's methodology has been validated indifferent regions with very different social andenvironmental conditions. 5) Institutional alliances havebeen established on a local level in support of the targetpopulation. 6) Participatory monitoring and evaluation hasproven to be an essential component in the process andenabled PACTA not only to make a number of adjustments in atimely manner but to generate a stronger foundation formoving beyond the pilot phase.