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Floralp: From Artisanal to Global Innovation in Ecuador’s Dairy Derivatives Sector

To support the expansion and responsible development of FLORALP by: (i) building a logistics center for the management of processed and semi processed products; (ii) promoting more advanced production technology and methods for small and medium-sized milk producers in order to increase on-farm productivity; and (iii) piloting a program for reducing dairy farms' methane emissions by introducing innovative cattle feed that will mitigate this factor.

Project Detail

Country

Ecuador

Project Number

EC-L1299

Approval Date

December 12, 2024

Project Status

Implementation

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 4,000,000.00

Country Counterpart Financing

USD 2,000,000.00

Original Amount Approved

USD 2,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/OC-24-77-EC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital
Operation Number SP/OC-24-77-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument:

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50544
Loan Contract
Floralp - de lo Artesanal a lo Global Innovación en el Sector Derivado de Lacteos en Ecuador - Programa de Empresariado Social - EC-L1299.pdf
Feb. 11, 2025
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50545
Loan Contract
Floralp - from Artisanal to Global Innovation in Ecuadors Dairy Derivatives Sector - Social Entrepreneurship Program - EC-L1299.pdf
Feb. 11, 2025
English
Other Documents
https://www.iadb.org/document.cfm?id=EZIDB0002888-54657477-3
Floralp_Resumen de la Revision Ambiental y Social (RRAS).pdf
Nov. 27, 2024

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