This species is native to South America: Colombia, Venezuela, Ecuador, Peru, Brazil, Uruguay, Argentina, etc. It has spread as an ornamental plant to other continents, mainly Europe, where it is grown as an ornamental plant in many parks and gardens, valued for its magnificent foliage of bright colours, and for its beautiful flowers, reminiscent of those of the gladiolus.
It is very easy to grow, provided it is sown in well-drained soils rich in organic matter, in places with intense sun exposure, and watered frequently and abundantly, especially in summer. Single specimens, or better isolated groups, can be planted, which will add great beauty and attractiveness to any garden.
Numerous varieties and cultivars have been derived from the original species, enriching its decorative aspect, both in the size of the specimens and in the shape and colouring of the leaves, and above all of the flowers, which can be pink, orange, yellow, red, bicoloured, or shaded in various tones.

In its areas of origin it is cultivated mainly for its rhizomes, which are of great importance for human food and agricultural industry.
The starch obtained from them is easily digestible, and its flour is used to make bread, biscuits, biscuits, cakes, noodles and noodles. The tender leaves are used to wrap typical foods such as tamales, hallacas or quimbolitos.
The stems and leaves are used as fodder for livestock. The seeds are used to make necklaces, rattles, maracas and other handicrafts.
Some healing virtues are attributed to it. Thus, a decoction of its roots is used as a diuretic, and the juice of its leaves is used as an antiseptic and healing agent, and freshly cut leaves are used to cover burns, cooling and dissipating the heat of the burned skin.

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