LOAN FORESTRY
IMPROVING QUALITY OF LIFE |
FINANCIAL
RESOURCES |
RECEPTION
OF REQUESTS |
| Credits offered under appropriate conditions play a very important role in promoting the well being of small and medium producers of forestry goods and services.
|
The
financial resources that support this activity come in from
the recovery of the current portfolio and 40% of the forestry
tax, as established in article 43 of the cited Forestry Law.
|
The
Credit Department receives requests; these are evaluated depending
on whether the interested party is a physical person or corporation,
loan conditions, guarantees and other variables. |
Credits offered under appropriate conditions play
a very important role in promoting the well being of small and medium
producers of forestry goods and services.
FONAFIFO’s mission is to support successful projects under
interest rates and terms that conform to the country’s forestry
reality. In this manner, we are a real financing alternative for
innovative projects and with a certain degree of risk. Hundreds
of producers have benefited with different types of credits within
the forestry sector. Competitive projects are developed that in
the long run, benefit our clients.
Article 46 of Forestry Law No. 7575 stipulates that FONAFIFO’s
purpose is to finance the processes of forestry, reforestation,
forestry nurseries, agroforestry systems, recovery of deforested
areas and the technological changes for the use and industrialization
of forestry resources for the benefit of small and medium producers,
through credit and other mechanisms that promote the management
of forests, intervened or not.
The financial resources that support this activity come in from
the recovery of the current portfolio and 40% of the forestry tax,
as established in article 43 of the cited Forestry Law.
The Credit Department receives requests; these are evaluated depending
on whether the interested party is a physical person or corporation,
loan conditions, guarantees and other variables.
|