The objective of the project is to improve the socioeconomic conditions of the small cocoa producers of Manabí. The expected result is to improve the production and traceability technologies of aroma cocoa and the production of high quality chocolate in Ecuador. To achieve these objectives, the project will incorporate small cocoa producers into the value chain of Pacari Chocolate, and at the same time increase Pacari Chocolate's high quality raw material purchasing capacity, by improving the company's operational capabilities, improvement of the traceability systems and the increase of the productive capacities of 3 cocoa producing communities in the province of Manabí.

Project Detail

Country

Ecuador

Project Number

EC-L1246

Approval Date

May 17, 2019

Project Status

Closed

Project Type

Loan Operation

Sector

AGRICULTURE AND RURAL DEVELOPMENT

Subsector

SUSTAINABLE AGRICULTURAL DEVELOPMENT

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,200,000.00

Country Counterpart Financing

USD 200,000.00

Original Amount Approved

USD 1,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/OC-19-33-EC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Social Entrepreneurship Program Financing
Operation Number SP/OC-19-33-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Social Entrepreneurship Program Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-189021414-3
Donors Memorandum
EC-T1412 - EC-L1246 - Síntesis del proyecto.pdf
Sep. 02, 2019
Spanish

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