6. Credit 5-5
The 5-5-5 program, is based on five thousand USD, through five years period and 5%
interest. Its objective is that most Ecuadorians get access to the means of production with
the creation of micro and small enterprises, is a transformation plan that lays the groundwork
for a process of change in the country, and gives a strong emphasis on productive
reactivation and employment generation
7. BDH
Monthly monetary benefit of USD 35 which is subject to compliance with requirements
established by the Social Protection Program. And who receive this benefit are the
representatives of households (mothers), people over 65 years of age, people with a
percentage of disability equal to or greater than 40% set by the CONADIS that are under the
poverty line established by the Ministry of Social Development Coordination according to the
results obtained from the Social Register, and considering the progressiveness established
in the Constitution, from 2010, a timetable for the inclusion of new beneficiaries will be
established.
The bonus is connected to the fact that mothers can bring their children to school and to the
monthly medical check. The bond also allows, those who received it, access to small loans
through which they can undertake small businesses to support their families.
Pedro De Jesus
Diversity and Multiculturalism
Secretariat of People, Social Movements and Citizen Participation- SPPC.
Republic of Ecuador
The author of this speech uses the concept of Well Being/Good Living to refer a set of
principles of life to promote welfare and the develop of a better life. Good living is the literal
translation but it might be better understood by Well Being