News

Increase financing for agribusiness in Jalisco, Mexico

Mexico
Published Nov 27, 2021

Tridge summary

In 2021, the Trusts Instituted in Relation to Agriculture plans to place close to 25,000 million pesos in credit for the primary sector, agribusiness, marketing, development of suppliers, and service providers. Guadalajara Jalisco. Despite the global economic crisis generated by the Covid-19 pandemic, the agri-food sector in Jalisco has maintained national growth and leadership, so the state office of FIRA (Trusts Instituted in Relation to Agriculture) plans to place this year 24,900 million pesos in financing for the sector. Of that total, at the end of the first half of November, 22.5 billion pesos have been placed, while last year at the same time, 21 billion pesos were placed. “We are in all sectors and where the activity is moving; we are very strong in avocado (crops), berries (...) in corn, Jalisco is the most productive state in rainfed corn, we also bring schemes with agave producers and we are also serving the (tequila) industry », FIRA State Resident Enrique Trejo told El Economista.

Original content

PATRICIA ROMO. THE ECONOMIST. In 2021, the Trusts Instituted in Relation to Agriculture plans to place close to 25,000 million pesos in credit for the primary sector, agribusiness, marketing, development of suppliers and service providers. Guadalajara Jalisco. Despite the global economic crisis generated by the Covid-19 pandemic, the agri-food sector in Jalisco has maintained national growth and leadership, so the state office of FIRA (Trusts Instituted in Relation to Agriculture) plans to place this year 24,900 million pesos in financing for the sector. Of that total, at the end of the first half of November, 22.5 billion pesos have been placed, while last year at the same time, 21 billion pesos were placed. “We are in all sectors and where the activity is moving; we are very strong in avocado (crops), berries (...) in corn, Jalisco is the most productive state in rainfed corn, we also bring schemes with agave producers and we are also serving the (tequila) industry », FIRA State ...
Source: Inforural
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