Mar 3 • 20:20 UTC 🇧🇷 Brazil G1 (PT)

Piauí launches announcement to invest up to R$ 300,000 in family farm cooperatives

The Brazilian state of Piauí has launched a program to invest up to R$ 300,000 in 110 family farm cooperatives to promote sustainable production.

The Secretary of Family Agriculture (SAF) in Piauí has launched a call for proposals to invest up to R$ 300,000 in each of 110 cooperatives and associations tied to family farming in the state. This initiative aims to support sustainable production, agro-industrialization, and enhance market access for local farmers. The registration period for interested parties runs until April 7, further emphasizing the urgency of the initiative.

The total investment earmarked for this program is R$ 33 million, which will be facilitated through a credit operation with the World Bank. This funding is part of the broader project "Piauí: Pillars of Growth and Social Inclusion II (Pillars II)," intended to foster productive inclusion and income generation in rural areas. By focusing on sustainable practices and market access, the project aims to uplift local communities while promoting environmental responsibility.

According to Rejane Tavares, the Secretary of Family Agriculture, the selection process is designed to encourage the enhancement of agricultural production processes and the organization of production chains. This approach will allow farmers to better market their goods, potentially increasing their profitability and sustainability in the face of economic challenges.

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