National Bank and MAG Promote Sustainable Financing for Over 120,000 Producers

The National Bank and the MAG announced an alliance to facilitate credit and technical assistance for more than 124,000 agricultural producers. The program aims to strengthen the productivity of Costa Rican agriculture with a focus on sustainability and competitiveness.

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The National Bank and the Ministry of Agriculture and Livestock announced a strategic alliance that seeks to facilitate access to financing for more than 124,000 agricultural producers in Costa Rica.

The initiative combines credit with conditions tailored to the sector's reality, specialized technical assistance, and a sustainability approach, with the aim of strengthening productivity and promoting responsible practices in the field.

According to the authorities, this program will allow producers to access financing aligned with agricultural and livestock cycles, accompanied by farm plans, technical training, and financial advice.

The Deputy Minister of Agriculture, Fernando Vargas Pérez, highlighted that this agreement represents a key step to broaden access to resources under more suitable conditions, also integrating technical support to improve the sector's efficiency.

For its part, the National Bank indicated that, through programs such as “Pure Green” , seeks to promote projects with less environmental impact, encouraging practices such as sustainable production, the Blue Flag Ecological award, and climate change adaptation actions.

The initiative aims not only to increase access to credit but also to generate a positive impact on the sustainability and competitiveness of the national agricultural sector.

A clear sign that financing in Costa Rica is increasingly aligning with sustainability and productivity.

This is a news service prepared by ICS. For more information about the story, write to info@ics.cr or call 2519-9992 ICS, tax specialists.

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