The loans have a term of between 48 and 60 months and a rate bonus from the National Fund for Productive Development (FONDEP) of up to 15.5 points. In addition, the credits will be guaranteed by the Argentine Guarantee Fund (FOGAR).
“They are already 13 provinces that joined Crédito Argentino and that will grant loans at subsidized rates to their SMEs, allowing them to increase their production and generate more and more quality jobs,” said Sergio Massa on Twitter and stressed that it is about “the largest financing line in history of our country reaches the SMEs of the province”.
“We are going to continue deepening the work with the national teams because this has been the way for Catamarca can position itself as the province with the highest generation of private employment registered in recent years, despite the preconditions and the pandemic. Each convention and agreement is a new tool that allows us to add more jobs to the 7,000 that we have already created, and generate the conditions for more companies to accompany the 30 companies that have already settled in Catamarca,” said Governor Jalil. after signing the agreement.
Support to agricultural producers
Governor Raúl Jalil and the Minister of Economy also signed Catamarca’s adherence to the “Promotion of Resilient and Sustainable Agrifood Systems for Family Farming” (PROSAF) and AGRO XXI. The former president of Catamarca and national senator, Lucia Corpaccithe Secretary of Regional Development of the Ministry of Economy, Jorge Neme; the Secretary of Internal Commerce, Matias Tombolini; and the Secretary of Industry and Productive Development, Jose Ignacio de Mendiguren.
The PROSAF Program is supported by USD 1.130.000from the International Fund for Agricultural Development and the Financial Fund for the Development of the La Plata Basin, and guarantees support and financing for agroecological production and marketingand for the development and strengthening of the production and marketing of each family farming process.
For his part, AGRO XXI see a background of USD 1.628.148 of the International Bank for Reconstruction and Development of the World Bank, with the objective of assist economic recovery and promote climate-sustainable practices among project beneficiaries in the agri-food system and respond effectively in the event of a crisis or emergency.