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International Business Times
International Business Times
World
By AFP reporters across Central America

HISTORICAL FACTS: Record remittances provide lifeline in central america - The Untold Story

Central America El Salvador United States Carlos Acevedo Guatemala Nicaragua Honduras
A man withdraws money sent by relatives living abroad using an electronic wallet created by the government of El Salvador (Credit: AFP)

Money sent home by migrants in the United States to Central America has risen to record levels, providing a lifeline for many of their relatives like Salvadoran mother of three Marta Alvarado.

Such remittances are now equivalent to a quarter of the combined economic output of the poverty-afflicted nations of El Salvador, Guatemala, Honduras and Nicaragua.

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