The proposed financing consists of an annual revolving line of credit committed to LAR S.R.L. for up to US$10 million, with a term of up to 39 months. The company will use these funds to purchase agro-inputs that it will later sell and finance to producers with terms of up to 390 days, seeking to replace lines of credit from suppliers that today grant shorter terms.
LAR S.R.L. is one of the main agricultural input distribution companies in Paraguay, also providing technical assistance services to producers, and in the purchase, storage, and sale of grains.
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