La Pampa's government launched loans for producers affected by forest fires

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The Government of La Pampa, through the Ministry of Production, reported the launch of a financing line that ranges from 4,000,000 to 100,000,000 pesos. It is intended for agricultural producers who have been affected by forest fires in the provincial territory.

Image by Michael Noel en Pexels

This credit tool is implemented through the Federal Investment Council (CFI) and works in coordination with the Pampean Guarantee Fund (FoGaPam), with the objective of facilitating access to credit and accompanying the productive recovery of the damaged establishments.

“The line is aimed at individuals and companies that carry out agricultural activities in La Pampa and have a Technical Report issued by the Undersecretary of Agrarian Affairs, prepared from a visit to the affected establishment,” explained the Livestock Director, Marcelo Lluch.

“The credits are intended to finance investments in infrastructure damaged by fires, the acquisition of capital goods and working capital associated with the investments. The amount of financing ranges from 4,000,000 to 100,000,000 pesos, and can cover up to 80% of the total investment to be made,” reported the director of Technical and Financial Assistance, Eugenia Borges.

The return period is up to 48 months, with up to 6 months grace period. Regarding financial conditions, during the first year a fixed rate of 28% nominal annual rate will be applied, while from the second year onwards the rate will be variable, calculated based on the TAMAR rate plus two percentage points.

How To
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For more information and advice, producers may contact the Livestock Directorate (Government House, 3rd floor* – phone 2954 15648167 – email planganadero@lapampa.gob.ar) or the Technical and Financial Assistance Directorate (Government House, 2nd floor – phone 02954-291059 or 597601 – email datyf@lapampa.gob.ar).

Contact [Notaspampeanas](mailto: notaspampeanas@gmail.com)