The Coffee Economy Defense Fund (Funcafé) reached the volume of transfer credit lines to financial agents more than R $ 3.5 billion, representing 61% of the initial programming of R $ 5.7 billion of the season 2020/2021.
To date (17), were made available R $ 1.18 billion for funding, R $ 535 million for the acquisition, R $ 1.4 billion for marketing and R $ 417 million for working capital for soluble industries, roasting and cooperatives of production. Altogether, there are 30 financial agents who signed with the Ministry of Agriculture, Livestock and Supply (MAPA).
“The volume of resource already released and available to farmers this crop is important in this early stage of cultivation in coffee plantations for good productivity guarantee”, says the director of Marketing and Supply Secretariat of Agricultural Policy MPLS, Silvio Farnese.
For the current season, the interest was set up to 5.25% for Costing, Marketing and Acquisition – FAC (when the beneficiary is grower cooperative) and 6.75% for working capital and FAC (other beneficiaries).
This text was translated by machine from Brazilian Portuguese.