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The Government announces special lines of credit for Brazilians of up to R$ 150,000. See who qualifies for the benefit!
The Federal Government brought forward the special lines of credit for Brazilian family farmers in the Rio Grande do Sul region. Recent heavy rainfall affected the area, causing floods and inundation on farms and directly impacting agriculture and livestock.
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Thus, Pronaf began processing benefit withdrawals through Banco do Brasil last Monday (23). However, transactions through Caixa Econômica Federal will begin next Wednesday (25).
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Credit Financing for Brazilians in an Emergency Situation
According to the Minister of the Secretariat of Social Communication, Paulo Pimenta, this initiative applies to the 92 municipalities in Rio Grande do Sul that were granted emergency status. Credit will be provided to Brazilians in two stages. The first will allow the renegotiation of debts under Pronaf, with a 30% reduction, limited to R$ 15,000.
The next step, which will take place starting November 3, involves making special lines of credit available to Brazilians impacted by the heavy rains. Thus, the emphasis is on micro and small farmers associated with Pronamp. The purpose of this assistance is to support professionals and businesses affected by adverse weather conditions, offering financing of up to R$ 150,000.
About Pronamp and Pronaf
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The rural financing programs, Pronamp and Pronaf, are intended to facilitate agricultural operations. Thus, the former offers benefits to landowners and tenants with an annual income between R$ 500,000 and R$ 2.4 million. This program commonly covers investments and technical assistance.
In turn, Pronaf focuses on supporting family farmers. The services range from agricultural financing to activities not directly related to farming. Additionally, Pronaf provides various credit subprograms and benefits for Brazilians, aiming to strengthen family farming and expand this sector.
