Pronaca

Procesadora Nacional de Alimentos C.A. (“Pronaca”) is Ecuador’s fourth largest corporation, managing over 115 industrial pig and poultry facilities across the country. Since 2004, the International Finance Corporation (IFC) has provided Pronaca with at least $170 million in loans, including a $50 million loan made in December 2021. Meanwhile, in 2020, the Inter-American Development Bank’s private sector arm, IDB Invest, made a $50 million loan to the company.  However, there is a long history of strong community opposition to this company’s operations, and no indication that community concerns have been addressed.