Post Earthquake Reconstruction Framework Loan

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This project consists of a multisector framework loan provided by the EIB to finance reconstruction of small-scale infrastructure damaged by the earthquake of 16 April 2016 in the province of Manabí, particularly in the city of Portoviejo, which was the most affected. The socioeconomic level of the province is lower than the national level and poverty and extreme poverty are 31.3% and 6.3% of the total population, compared to 25.8% and 5.7% at national level.The technical assistance provided by LACIF to complement the loan supports national and local authorities to ensure the effective and transparent execution of the project, the development and implementation of an Environmental and Social Management Plan and a Stakeholders’ Engagement Plan, and the strengthening and enforcement of Ecuador’s Building Code (2015).