USAID’s Producers to Markets Alliance (PMA) seeks to strengthen legal economies in Colombia’s conflict-affected territories by increasing the competitiveness of licit producers and the value of licit products. These territories are home to resilient communities and entrepreneurial human capital, which has long been plagued by illegal economies, violence, and underdevelopment. Precarious institutions and decades-long armed conflict have given rise to narco-trafficking, illegal mining, and trafficking in persons and arms, all which threaten stability, security, and peace.
USAID/Colombia’s Development Credit Authority (DCA) loan portfolio guarantee incentivizes financial institutions to increase access to finance to a broader client base and spur inclusive economic growth. Micro-, small-, and medium-sized enterprises (MSMEs) in rural areas are underserved by the financial sector, and Colombian bank partners have an interest in expanding their presence in rural areas while offering credit and better loan terms to new and existing customers.
USAID/Colombia’s Development Credit Authority (DCA) loan portfolio guarantee incentivizes financial institutions to increase access to finance to a broader client base and spur inclusive economic growth. Micro-, small-, and medium-sized enterprises (MSMEs) in rural areas are underserved by the financial sector, and Colombian bank partners have an interest in expanding their presence in rural areas while offering credit and better loan terms to new and existing customers.
Combatting illegal activities, including illegal mining, and providing alternative incomes through the licit economy are paramount for a sustainable peace. In response, USAID/Colombia’s Artisanal Gold Mining activity is the agency’s largest and most ambitious effort to promote responsible mining, alternative livelihoods, and environmental rehabilitation.
USAID/Colombia’s Community Development and Licit Opportunities (CDLO) activity will strengthen the capacity of rural, conflict-affected communities to effectively partner with the public and private sectors to implement social and economic development activities, especially those that promote illegal crop substitution and alternative development. CDLO will complement GOC efforts by promoting the active participation of rural citizens in the design, delivery, and monitoring of rural development policies and activities intended to help their communities. Ultimately, CDLO will build trust, foster citizen participation in local affairs, and promote licit and sustainable economies that will allow rural Colombians to live in dignity and peace.
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Last updated: April 09, 2018
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