DESCRIPTION
Credit limit to cover the needs of agricultural production.
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IDEAL FOR
Farmers aged 18 to 75
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INTEREST RATE
Variable
based on the Basic Rate for farmers (BRF)
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DURATION
Equals to the duration of the crop/milk production cycle
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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
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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.)
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