FORESTRY CREDIT |
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LEGAL IMPLICATIONS |
Article 46 of Forestry Law No. 7575 stipulates
that FONAFIFO’s purpose is to finance small and medium producers
through credits or mechanisms that promote: forest management, intervened
or not, forestry processes, reforestation, forestry nurseries, agroforestry
systems, recovery of deforested areas and the technological changes
for the use and industrialization of forestry resources.
The financial resources that support FONAFIFO’s activities
come from the recovery of the current portfolio and 40% of the forestry
tax, as established in article 43 of the cited Forestry Law.
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