BNDES approves financing of R$40 million for Cooperativa Frísia

The Bank for Economic and Social Development (BNDES) approved financing worth R$40 million for Cooperativa Frísia to modernize and expand grain storage units in Carambeí, Imbituva and Tibagi, all in Paraná.

The project has a total value of R$47,9 million. Of the resources approved by the Bank, R$34,6 million are from the Cooperative Development Program for Adding Value to Agricultural Production (Prodecoop), within the scope of the 2023/24 Harvest Plan, and R$5,4 million from BNDES Finem, a program of the Bank to support investment projects, aimed at generating and increasing production capacity.