CMN authorizes working capital financing for cooperatives enrolled in Pronaf Agroindustry.

The National Monetary Council (CMN), in an ordinary meeting held this Thursday, April 23rd, authorized working capital financing for cooperatives enrolled in the Investment Credit for Income Aggregation – Pronaf Agroindustry program, with the objective of encouraging the continuity of activities of family farming cooperatives that operate in the processing, industrialization, and commercialization of milk. The measure aims to financially strengthen these cooperatives and guarantee the economic stability of their associated family farmers, ensuring liquidity to maintain the purchase of production, carry out processing, and sustain commercial operations. Furthermore, the initiative contributes to maintaining the flow of payments to cooperative members, preserving local jobs, and guaranteeing the food supply. 

This text was translated by machine from Brazilian Portuguese.