2013News

IDB loan for planting macadamia

The Inter-American Development Bank has announced it will lend US$350,000 to small macadamia producers in the Dominican Republic. The agreement provides knowhow, technical and marketing expertise for farmers investing in the crop. The agreement is to be managed by Comercializadora Los Montones that promotes the products produced by Macadamia La Loma. The agreement will benefit 200 small producers in San Jose de las Matas and other mountain areas. The funds are being provided by the Multilateral Investments Fund (MIF) and IDB representative in the Dominican Republic Flora Painter and Comercializadora Los Montones president Jesus Moreno will oversee the agreement.

Macadamia logra apoyo del BID