Cooperative Development Foundation raises $35K to help cacao co-ops rebuild post quake

One of the co-ops benefiting from the grant sources cocoa beans for Equal Exchange’s Ecuador Organic Dark Chocolate bars.One of the co-ops benefiting from the grant sources cocoa beans for Equal Exchange’s Ecuador Organic Dark Chocolate bars.Through a grant from its Cooperative Development Fund, the Cooperative Development Foundation will support two cooperatives in Ecuador that suffered significant property and infrastructure damage during last year’s earthquake—one of the country’s worst natural disasters in a decade.

With generous donations from Equal Exchange, the Fund, Pronatec AG and numerous individual contributors, the grant—totaling $35,805—will go directly to the co-ops to make repairs to their offices and post-harvest processing centers.

One of these co-ops, Fortaleza del Valle, sources cocoa beans for Equal Exchange’s Ecuador Organic Dark Chocolate bars. Founded in 2005, Fortaleza del Valle is improving living conditions for small-scale cacao producers in the Manabí Province of Ecuador. The co-op has developed post-harvest infrastructure to ensure maximum quality. With funds from the grant, the co-op will be able to rebuild infrastructure that was damaged or destroyed by the quake. 

The Cooperative Development Foundation is a 501(c)(3) non-profit foundation headquartered in Washington, DC. CDF’s mission is to promote community, economic and social development through cooperative enterprises.

 

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