In early 1741, Doña Teresa and Don Enríque Cortés, descendants of Mr. Jacinto Cortés, gave 80 hectares to establish a new town, and are considered the founders of the Aipe.
In 1874, Aipe acquired autonomy from Neiva, as a member of the canton district of Villavieja and on 8 April 1912 by Ordinance No. 26, was created as a municipality by the Departmental Assembly.