Government activates refinancing and extensions after 19,800 hectares affected by winter wave
19,800 hectares of crops affected by the winter emergency. Photo: Finagro Courtesy
TL;DR
- Financial solutions announced for producers in Córdoba, Sucre, and Antioquia affected by floods.
- 19,800 hectares of crops and 450,000 animals impacted by the emergency.
- Measures include credit refinancing, payment term modifications, and extensions for Finagro operations until February 1, 2026.
- Obligations in default for up to 90 days are covered.
- The government will strengthen the Agricultural Input Access Fund (FAIA) with over $700 billion in investments.
- Terms for incentives like ICR and ICGR will be frozen to prevent loss.
- Banco Agrario and other financial entities are available for producers to access these relief measures.
- The program 'Factor externo' by Banco Agrario offers extensions of up to 180 days for credits maturing between January and June 2026 in affected regions.