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.Through a grant from its Cooperative Development Fund, the
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.