Loans, offered under appropriate conditions, play a very important role in promoting the well being of small and medium-sized producers of forest goods and services. FONAFIFO's mission is to support successful projects offering terms, conditions and interest rates adapted to the country's forestry situation.The Fund therefore constitutes a real alternative for the financing...
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FORESTRY CREDIT

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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