Contract Farming Card

Contract Farming Card to finance primary sector agricultural production. It covers part of the production cost for agricultural products. It is granted to producers who are linked to specific buyers for their agricultural production through contract (Agricultural Cooperatives, producer organisations, processing companies, etc.)
DESCRIPTION
Credit limit to cover the needs of agricultural production.
IDEAL FOR
Farmers aged 18 to 75
INTEREST RATE
Variable
based on the Basic Rate for farmers (BRF)
DURATION
Equals to the duration of the crop/milk production cycle
REPAYMENT
The card’s outstanding balance will automatically be repaid through a lump-sum payment or in instalments for the raw material which the producer has delivered to the processing unit
FINANCING
AMOUNT
Depends on: The value of the agricultural production which the producers/suppliers will deliver to the buyer with whom they hold a contract. The cost of the producers / suppliers agricultural production inputs (expenses for agricultural supplies, fuel, animal feed, etc.)