Peru’s Serfor provided nearly $500K in loans to small producers
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Peru’s National Forest and Wildlife Service (Serfor) helped small forestry and wildlife producers in eight regions access 1.9 million soles (approximately $497,000 USD) in loans from Fondo Agroperú between January and August of this year.
Serfor channeled the funds to 25 producer organizations and four farming communities involved in seven product chains including bamboo, camu camu, and castaña (Brazil nut). The loans, totaling 94 individual credits, support activities related to non-timber forest products, plantations, and wildlife.
Fondo Agroperú, managed by Agrobanco, provides financing with terms tailored to each recipient through an agreement with the Ministry of Agrarian Development and Irrigation. Producers of tara, a plant native to the Andes mountains, received the largest portion of the funds, 53 percent, and operate in the Tacna, Cajamarca, and Ayacucho regions.
Producers of castaña in Madre de Dios, a region in Peru, received 13 percent, while the remaining 34 percent went to producers of bamboo, camu camu, copoazú, and vicuña fiber in Amazonas, Loreto, Ucayali, Arequipa and Madre de Dios. Producers will use the loans to improve their production processes and community activities.
