Macroeconomy/Finance

BDP will finance the installation of grain and seed silos for up to 20 years

The Productive Development Bank BDP-SAM launched “Pirwa Productiva”, its new second-tier business line aimed at the country’s agro-productive sector. This loan will finance 20-year storage structures for grains, seeds, and agricultural inputs, and provide specialized technical assistance. Interest rates are regulated for the microenterprise sector at 11.5%, for small businesses at 7%, and medium-size companies at 6%.

Source: Pagina Siete