The Ministers of Agriculture and Livestock, Rubén Flores, and Economy and Finance, Carlos de la Torre, signed yesterday an agreement with the International Fund for Agricultural Development (FIDA) to execute the Project for the Dynamization of Inclusive Alliances in Value Chains (Dinaminga) , which will benefit 16,000 rural families.
The initiative, which will last four years, has a financing of $ 35 million, of which $ 25.6 million correspond to the credit granted by IFAD, which includes a donation of $ 250,000 to consolidate the implementation of the project. Janeth Gamboa, IFAD fiduciary specialist for Ecuador, said that the ‘Dinaminga’ aims to improve the income of families of small producers of cocoa, arrears and uvilla in conditions of poverty and vulnerability, located in 65 cantons of 11 provinces of the country.
“The project will improve the living conditions, empowerment and competitiveness of small rural actors,” said Gamboa. For Flores, having important strategic alliances, through financing mechanisms, consolidates all support for agriculture.
“With this operation we guarantee an effort to consolidate the Great Agricultural Minga and two of its fundamental axes, marketing and associativity,” he said.
He added that an IFAD mission will arrive in the country in the last week of this year to define the baseline of the ‘Dinaminga’ project, which will be executed in stages. It is estimated that its implementation will start from next August.
De la Torre stressed that any action aimed at combating poverty cannot be understood within a framework of care, but encompass a set of measures that go into productive and economic development. Gamboa added that IFAD’s relationship with Ecuador began in 1978 and that since then it invested more than $ 130 million in 10 programs and projects, benefiting more than 270,000 households.
In addition, with the Ministry of Agriculture, through the Good Living Program of Rural Territories and the Ibarra San Lorenzo Project, the Fund invests $ 33 million for 20,000 families. (I)