MST will receive 42 million BRL from the stock market
Since 2020, the MST has obtained contributions from the monetary market via the common Family Farming Funds.
Since 2020, the MST (Movement of Landless Rural Workers) has obtained contributions from the monetary market via Finapop (Popular Financing of Family Agriculture). In this fashion, the program ensures help to small farmers, reminiscent of these in the MST, to finance the manufacturing of natural meals.
According to the agronomist and coordinator of Finapop, Ana Terra, in an interview with the UOL portal, Finapop is an organization “created from the want of a gaggle of traders and meals producers, who carry and investments in areas of Agrarian (*42*)”.
How was Finapop?
Finapop got here from the initiative of a gaggle of traders who introduced the CRA (Certificate of Financial Industry) and contributed to the set up of the slaughterhouse in the MST group.
Therefore, the collaboration with corporations like Grupo Gaia, at first, modified the undertaking, “creating completely different funding strategies for the implementation of the CRA, which resulted in 7 collaborations” , Terra defined.
In this fashion, the undertaking expanded and entered into partnerships with different corporations, reaching 59 funding initiatives in 48 organizations.
How does Finapop, the undertaking that invests in MST?
Finapop’s program is a worthwhile fund for traders and people who earn cash, like MST. In this fashion, Finapop does three issues:
- Fundraising and investor help;
- Identification of initiatives and collaborations;
- Investment monitoring.
“For farmers, the useful resource is used for various strategies, to pay for agroecological meals manufacturing, to determine mechanical infrastructure and dealing capital for the buy of uncooked supplies”, defined Terra to the UOL portal.
Who can spend money on Finapop?
So far, investments have been added to R $ 42 million. Investments will be made in strains reminiscent of CAPEX, worthwhile investments, and dealing capital. The preliminary funding is R$100.
“Currently, for instance, GAIA has an funding for the buy of a vacuum grain milling machine in a three way partnership in São Paulo. In this funding, GAIA will make investments the property, which will be assured by the his strains work collectively along with his machines. In three years, the funding will be returned”, stated Terra.
According to the coordinator of Finapop, the fund has a possibility for profitability. For Terra, “Finapop contributes to the consolidation of the financial system by defending the surroundings and overcoming social inequalities, in addition to creating wholesome meals guided by partnerships”.
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