SP government launches R$10 million credit line for São Paulo fruit farming in Brazil

The Government of São Paulo, through the Department of Agriculture and Supply, announced this Wednesday (12/18), at Parque do Morango Duílio Maziero, in Jarinu, the launch of the Fruticultura SP Credit Line, from the São Paulo Agribusiness Expansion Fund (FEAP). The new credit line has an available value of R$ 10 million. The release will begin in 2025, with a rate of 3% per year; 84 months of term and 24 months of grace. For the executive secretary of Agriculture and Supply, Edson Fernandes, the line aims to guarantee another front of support for the state's citrus industry. "The Department of Agriculture already guarantees technical assistance and extension to fruit growers in São Paulo, now we will seek to capitalize on these small properties so that, in addition to their regional importance, they can become accredited for the foreign market", comments the executive secretary of the Department. In addition to producing and supplying the domestic market, São Paulo's fruit ...