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Brazil: Cláudio Castro makes R$ 2 million available to milk producers in Rio and raises the ceiling for low-interest loans

Brazil
Published Jan 25, 2023

Tridge summary

In January, the International Cheese Day (20/1) is celebrated, and in addition to the fact that the delicacy adds people to the table, it opens up opportunities for business, jobs, income and even tourism. So much so that in the State of Rio de Janeiro, the State Department of Agriculture, Livestock, Fishing and Supply (Seappa) offers funding programs for legalization, aid and expansion of the capacity of Rio de Janeiro producers.

Original content

With the Rio Leite Program alone, focused on financing producers, the department has supported 84 Rio de Janeiro projects, financing around BRL 2 million since July 2020 to structure their productions and add value to products developed within the state. The short- and medium-term return measure was so successful that, recently, the ceiling for entrepreneurs' investments rose from BRL 25,000.00 and is now at the limit of BRL 40,000.00 for structuring businesses. “In a slice of cheese is the dream and work of many people. We invested BRL 2 million in micro and small companies in the dairy sector because we know the vocation of several cities, mainly in the interior of the state”, said Governor Cláudio Castro. “These projects make a difference in the lives of these entrepreneurs, who create job opportunities, income and stimulate the economy of their cities. Our secretariat's planning, through the Prosperar Program, is to contribute over 100 projects, with funding of around R$ 5 ...
Source: SNA
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