With the aim of providing advantages so that young producers can finance their rural activities, Pronaf Youth (Pronaf Jovem) offers credit of up to R$ 16,500.00, with up to three loans granted to each young producer. The interest rate is 2.5% per year, with a repayment term of up to 10 years.
To benefit from the special credit, young farmers must be between 16 and 19 years old, be members of family units classified under MCR-2, have an active DAP (Pronaf Eligibility Declaration), and must also meet one or more of the following requirements:
- Have completed, or be in the final year of, family rural alternation training centers or agricultural technical high schools, or have been attending an agrarian sciences or veterinary course at a higher education institution for more than one year;
- Have taken a professional training course or internship, in accordance with the requirements defined by the Special Secretariat for Family Farming and Agrarian Development;
- Have guidance and follow-up from a technical assistance and rural extension company recognized by SAF/MDA and by the financial institution;
- Have taken training courses from Pronatec or Pronacampo.
By following these guidelines, the young producer can benefit from the credit line and improve rural activities.
Read the full article at the link: BNDES
Reviewed by Silvia Cristina VieiraPublished by Leonardo Felipe Franchi
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