Products and services

Next, you will find the portfolio with all products and services offered by FINAGRO for the agriculture and rural sector such as financial conditions, procedures, credit lines, regulations, incentives, guarantees and the special programs managed by FINAGRO.

Agriculture and Rural Credit

This is given to be used in the several stages of the production process of agriculture and livestock, aquatic and fishing goods, their primary transformation or marketing just like the given credit for mining, rural tourism and ecological, handicrafts, transformation of metals and precious gems including their marketing.

How can get it?

The producer must go to a financial entity which must be controlled by Financial Superintendence of Colombia or by Solidary Economy Superintendence in the case of the cooperatives and to ask for the requirements for a credit with FINAGRO resources.

The financial entities study and approve the credits

After of approval, the financial intermediaries ask for the register of the financial operation through electronic way, and FINAGRO disburse the resources the next working date to deliver them to the producers, this means the producer does not do the procedure before FINAGRO, just only before financial intermediary.



Credit Lines

FINAGRO offers resources of credit through of the Financial Intermediaries to develop agriculture and rural projects with the best financial conditions.

FINAGRO has the following credit lines to finance all activities regarding with the production, agricultural- industry and support services in the agriculture and rural sector:

lines of credit


Definition: It is possible to finance all investments which demand a wide period to develop agriculture and rural projects. Examples: Purchase of equipment, infrastructure equipment, investments in crops of late production, animals, capitalization of enterprises, among others. Term: The maximum term is freely agreed, according with the cash flow of the project. Grace Period: According with the cash flow of the project.

Working capital

Definition: It can finance the necessaries resources to cover the costs of the projects. The period for these activities is until 24 months according to the cycle of the project. Term: The maximum term is until 24 months according to the cash flow of the project. Grace Period: In general, for production just one payment of capital and interests to the due date and for the marketing with partial payments to capital even semiannual.


Definition: This allows the arrangement of portfolio for the credits which have had difficulties to fulfill with the obligations with the financial intermediaries.

Term: The maximum term is freely agreed, according with the cash flow of the project.

Grace Period: According with the cash flow of the project.


Who is aimed at to?

To all producers, natural person or corporate person classified and defined by FINAGRO like small, middle, big producer, rural woman of under incomes and mipymes which develop agriculture and livestock, aquatic, fishing and forest projects and rural activities such as handicrafts, rural tourism and marketing of metals and precious gems. This classification depends on the amount of assets, as you can see next: COP (Colombian pesos).

Until $249.296.052 Small Producer*
Until $174.507.236 Rural woman
Until $4.389.015.000 Middle Producer
Superior to $4.389.015.000 Big Producer
Until $26.334.090.000 Mipymes (It applies for other rural activities)

Conditions of the credits for the Promotion Programs

The promotion programs are part of the permanent offer of FINAGRO. For these credits, the rate of interest depends on the kind of producer, as you can see next. Beneficiary Type Rate of interest Small: Until DTF + 7 (e.a) Rural woman of under incomes: Until DTF + 5 (e.a) Middle producer: Until DTF + 10 (e.a)

Special Programs

These are programs which have financial conditions, in special rates, more favorable. These programs depend on the assigned resources and on their realization.

LEC- Special Credit Line

This is a special program of credit through which, is financed several activities such as short cycle crops, vegetable crops and fruit crops, with a special rate more favorable for the producers. These resources have availability until their exhaustion. In the current LEC, just it is possible to finance one project by beneficiary by year independent of the number of agreed disbursements for the delivery of credit. The credits for this credit line are executed just with rediscount resources, and the financial intermediaries have to evaluate the financial risk. It is accepted the interest capitalization.

Credit for Associations

here are two sorts: 1. When the credit is requested by the association, cooperative, network enterprises which manage the project, and this entity, in turn delivers the resources to every one of the producers who are linked to the associative project. 2. When the credit is requested by each one of the producers. Both of these sorts must guarantee: Achieve economies of scale in the purchase of supplies. Provide technical assistance to the producers. Interest Rate The interest rate for this kind of programs is until DTF+ 6 E.A. for small producers and until DTF+ 7 E.A. for other producers. For more information, you can check the Chapter II of our Handbook of Services in the section of “Rules”.

Victims of the Conflict

Credit for victims of the armed conflict and other special populations. This is a program in special conditions aimed at who are considered like: Victims of the internal armed conflict Displaced people or people in process of re-integration of battle-weary Rrom or gypsy people People who do programs of alternative development. Interest rate The interest rate for this kind of program is until DTF E.A. and it is possible to finance until 100% of the costs of the project.

  • ICR Incentive for the rural capitalization

In order to receive this benefit, it is necessary that producer has a productive project which must be financed with rediscounted resources in FINAGRO, through of the financial intermediaries that have subscribed “marco” contracts with FINAGRO.

Who can get it?

Smalls and middle producers; cases what are considered in an individual way.

Associative Structures

Corporate those have the participation of small producers in the capital or in the number of capitalist partners minimum 20%.

NOTE: It clarifies that in order to get these benefits, the register of the credit in FINAGRO have to carries out at the dates which exists availability of resources to the accession to ICR.

Procedure: It is necessary to contact to the Agriculture Secretary’s Office of each state and there will be informed about the procedure to access to ICR. 

  • ISA -Insurance of Agriculture and Livestock-

The program delivers subsidies for agriculture and livestock insurance premiums that protects against climate risks. Farmers face risks such as crop failure or livestock mortality when, because of climate change, rainfall patterns shift and extreme events such as floods or drought become more frequent. Agricultural insurance subsidies are key in supporting farmers and governments to reduce the negative financial impact of these adverse natural events. 

Risks such as:

• Excess or deficit of rain

• Strong winds

• Floods

• Frost, hail

• Landslides

• Avalanches of climatic origin

• Diseases or pests

What is it?

Agricultural insurance is a risk management tool that allows the agricultural producer to protect his investment against adverse events of nature.

What does it provide?

Through agricultural insurance, the producer guarantees the continuity of the agricultural activity if it is affected by an incident of a climatic nature (excess and deficit of rain, strong winds, etc.) or biological nature (pests or diseases).

How does insurance guarantee the continuity of agricultural activity? 

If an event of nature affects the protected area, covered by agricultural insurance, the agricultural producer is entitled to compensation on the insured value. This compensation will depend on the conditions established in the insurance policy for each producer.

Who is it for?

All agricultural producers can access the incentive. All agricultural producers that ensure crops, pastures, livestock, silvopastoral and psychological activities (including shrimp farming), can receive an incentive. Consequently, any agricultural producer who acquires an agricultural insurance policy and complies with the limits established by the National Agricultural Credit Commission for the issue of Agricultural Insurance, and for which there are insurance policies, may have the premium subsidy.

According to the above, the benefit of the incentive will be granted on the value of the premium that corresponds to the insured values within the following limits:

Product Maximum value insured per Ha for the recognition of the incentive:

Short vegetative cycle crops $ 14,000,000

Medium and late yield crops $ 20,000,000

Forest Plantations $ 8,000,000

Crops in controlled environments $ 100,000,000

How to access?

The person must approach one of the insurance entities that currently offer agricultural insurance: Mapfre, Suramericana, La Previsora, Seguros Bolívar and Allianz.


Products and Services - Agricultural Insurance


Agro line: 01 800 09 12219

Contact Center: +57 1 5953522

For more information on the points of sale, contact the insurance companies that currently provide agricultural insurance directly:


Line - Bogotá: (+57) (1) 5600600 - 5600601, Ext. 1378, 1421, 1412


La Previsora

Line - Bogotá: (+57) (1) 3487555

Free National Line: 018000910554

From any cell phone dial free: # 345


Landline - Bogotá: (+57) (1) 6503300 Ext. 1315, 1316, 1364

Free National Line: 018000519991

From any cell phone dial free: # 624



Line - Medellín: (+57) (4) 4378888, Options 1-1-2

Free National Line: 018000518888

From any cell phone dial free: # 888


The national government, through FINAGRO, supports producers. 

Aware of the high degree of exposure to risk in agricultural activities, the National Government provides incentives for agricultural producers to purchase agricultural insurance. In this way, up to 85% of the incentive is granted on the value of the premium- cost of the insurance-.

For example, for every $ 100 pesos of premium, the Government pays up to $ 85 pesos and the producer will only pay $ 20 plus VAT (5%).

  • CIF- Certificate of Forest Incentive-

This is a recognition given by the Colombian State, through of the Ministry of Agricultural and Rural Development in management agreement with FINAGRO to the positive externalities of commercial reforestation.

  • Who is aimed at to?

All nature people or corporate who expect the advance of a project of commercial reforestation and who fulfill with the law conditions:

  • How is received this incentive?

The Ministry of Agricultural and Rural Development through an annual resolution sets the values of the incentive by five (5) years. These values cover until 50% of the costs of 1 year of the business and four (4) years of maintenance of the plantation.

  • How to apply?

Through ARTEMISA, in the link “Operations on line”- Single Forest Window- ARTEMISA, in this section you can do the registration of the Forest Project from March 10th to May 28th, 2014.

Sorts of Forest Projects

It applies to the new business of forest plantations which must be of commercial condition, such as is defined in the Decree 2448 of 2012.

  • What are the species that qualify for this benefit?

For the forest species which are benefit, native and introduced, defined in the current resolution issued by the Ministry of Agriculture and Rural Development (See Resolution 80, 2013).

  • What is the area that covers this incentive?

From one (1) hectare onwards, it is possible to present commercial forest projects

  • FAG- Agricultural Fund of Guarantees-

FAG- Agricultural Fund of Guarantees The objective of the Agricultural Fund of Guarantees-FAG, is working as a specialized fund in order to guarantee the credits and microcredits in FINAGRO conditions, which are given to nature person or corporate person, aimed to finance projects of agriculture and livestock sector. The Agricultural Fund of Guarantees-FAG with previous subscribed agreement with the entity will be a backing of the operations done through of the budget allocations of good and agricultural and livestock products and industrial agricultural products.

  • How can apply?

You can get it, through financial intermediaries, who demand the guarantee before FINAGRO.

  • Who is aimed at to?

All nature people or corporate who are classified and defined by FINAGRO like small, middle or big producer or rural women of low incomes. The percentage of coverage and the commission depends on the kind of producer and also it has a tax of the 16%, over the commissions that are collected by the FAG

  • PRAN

The National Plan of Agricultural and Livestock Recovery, is an instrument of politics in order to recover the Colombian rural sector. In 90’s, this sector had a serious problem on aspects that have incidence in the development of this sector and therefore produced a series of financial crisis between the producers as a result of lack of ability to pay of their financial obligations with the banks and institutional credit, which led to processes of recovering of their assets by legal means in accordance with the Colombian Financial Statute. Due to this situation, as the garnishment to the productive assets, as the reports to the risk analysis central service, auctions of the guarantees, which not just were the source of rural jobs, but in some cases their residence places, the National Government took part in this sector in order to avoid, firstly the forcible displacement and secondly to avoid the garnishment of farms and other productive assets, which made the source of job and the generation of economic resources which allow to satisfy the basic needs and create new agricultural jobs. Also, the governmental intervention allowed the standardization of the mature liabilities through of the restructuration of their liabilities and standardizing the mature portfolio and terminating the legal proceedings, to releasing from an attachments, updating the information in the risk analysis central service in order to change the condition of the producers and that they can get a credit again and to allow the incomes of new financial resources to the Colombian people in order to promote their productive, economic and social reactivating

  • Why PRAN is important?

The objectives of the sectorial politics are the reactivating the agricultural and livestock production and the promotion the integration and usefulness of the productive chains, the motivation to the realization of projects of high impact as economic as social on the level regional. For this reason, it was adopted The National Plan of Agricultural and Livestock Recovery through of the decree 967, 2000 from here on out “PRAN”, in order to develop their principal objective; it could purchase the agricultural loan portfolio for small and middle producers, who were interested in this plan.

  • Support Agricultural and Livestock Fund

The Support Agricultural and Livestock Fund- FONSA, is managed by FINAGRO and give economic support to small producers and fishing producers in order to relief as partial as total their debts when exist some difficulties like climate problems, phytosanitary or plagues, or situations of law enforcement.

  • What is?

FONSA, The Support Agricultural and Livestock Fund- FONSA created by the Law 302 of 1996; their objective is giving economic support to the small producers and fishing producers in order to relief as partial as total their debts when exist some difficulties like climate problems, phytosanitary or plagues, or situations of law enforcement. According to this concept, FINAGRO have been working in the FONSA plan, which benefited to 160.000 farmers in 1996 in their obligations with the banks until 80% of the par value of these. Likewise, FINAGRO is working with FONSA Pnud for small producers who were in substitutions programs of illicit crops; for the producers who have been affected by the winter, freezing and by phytosanitary problems like was the case of the rotting of the shoot in the plantations of palm oil in Tumaco.

  • How can to get it?

According with the requirements stablished by National Government through registration, in this case by decision of the Board of Directors, composed by Minister of Agriculture, Minister of Treasury and the Director of National Planning Director (DNP) or their delegates.

  • Who can get it?

The beneficiaries are stablished by National Government in this case by decision of the Board of Directors, composed by Minister of Agriculture, Minister of Treasury and the Director of National Planning Director (DNP) or their delegates.

  • Benefits of the new purchase of portfolio

The maximum amount by beneficiary will be COP$20.000.000. The small producers will have a term of until 10 years to pay their obligations. During the first 3 years, will not generated interests. Between the years 4 to 10, the interest rate will be of the IPC+ 2% EA, settled over capital. If a producer pays during the first 3 years, that is a dead time of interests, it will be possible to cancel the obligation and then it pays the same value which FONSA purchased the obligation. If a debtor pays the interests before the date of due date, between the four and ten year, this quote will be paid to capital, that is, the beneficiary could not pay interests.

  • Financial Intermediaries

These are all entities which can do financial intermediation in agricultural and livestock credits.

Financial Entities which can intermediate rediscount resources, get the guaranties before FAG, get the incentives or subsidies in the interest rate, given by the National Government are controlled by The Financial Superintendence of Colombia.

The savings cooperatives and credit cooperatives, integral cooperatives, which are controlled by Solidary Economy Superintendence and that are registered in Guarantee Fund for the Cooperatives - FOGACOOP and that fulfill and hold the following indicators, also can do intermediation of the rediscount resources, to get the guaranties before FAG, incentives like ICR:


Liquidity Fund Ratio (Liquidity Fund/ Deposits) >= 10%


Solvency Ratio *(1,2) (Pat.Tec / ActPNR) >= 18%

Soundness of the Balance

Structure of Balance (Act.Product / Pas with cost) >= 100%

Without prejudice of the maximum limit for each cooperative, fixed limit by the Board of Directors, to do these operations, FINAGRO and the Cooperatives will be abided by the following limits:

a) FINAGRO will do operations with the Cooperatives until for a maximum percentage equal to 10% of the technical patrimony. This percentage is extended to 20% by decision of the Board of Directors.

b) Each Cooperative can do rediscount operations with FINAGRO until for a maximum percentage equal to 10% of the technical patrimony.

Without prejudice of the previous, FINAGRO keeps in reserve the right to approve or refuse some application to get the rediscount for the Cooperative, and also can stop the rediscount of operations by the fulfillment with the due payment of any of the contracted obligations.

Note: For all purpose under of the present Services Handbook, the savings cooperatives and credit cooperatives, integral cooperatives, which are controlled by Solidary Economy Superintendence and that are registered in Guarantee Fund for the Cooperatives - FOGACOOP, are considered for the Financial Intermediaries and must have a sponsor bank and then do the rediscount operations through of the tool SIOI according with Chapter VI of the present Handbook.

The entities that is going to start operations by first time, have to send the application to the Operations Vice President Department in FINAGRO, attached with a current certificate of existence and legal representation and the Balance Sheet of the last period. Once verified the fulfillment of the requirements and previously the beginning of the operations, the Financial Intermediaries have to subscribe the “Contract Marco for doing operations with FINAGRO”

The credits are given with:

Resources of rediscount, which are identified as rediscount portfolio.

Self-resources of Financial Intermediaries in substitution obligatory investments in TDA (Securities of Agricultural and Livestock Development), identified as substitute portfolio.

Self- resources of the Financial Intermediaries which are not going to be validated as substitute portfolio, but in order to get it, it is necessary to gain access to the guarantees of the FAG or subsidies of rate interest given by National Government according with the current regulations. These credits are identified as agricultural and livestock portfolio.

  • Program for Associations

Know more about the program for associations

FINAGRO promotes a model for associations based on productive connecting, which are included a specific group of producers, marketers and support entities that are looking for the following objectives:

Insurance Commercialization

Technical Assistance

Technological Transformation

The most possibility to get a credit

Increasing of the production

Corporate training

  • Diagram of the connecting for associations

Members and roles

• Identify networks for associations, which fulfill minimum requirements.

• Offer of financial programs and non-financial programs

• Articulation with financial entities

• Monitoring to applications of credit

• Support for corporate training and technical

• Articulation with entities that develop interesting projects for networks for associations.


• Financing

• Licenses

• Research

• Exports

• Training


• Disposal for changes

• Teamwork

• Production

• Providing of advices

• Implementation of Technological packages

• Insurance purchase

• Technical assistance

• Technological transfer

• Aggregate value

• Research

• Economy of scale

  • Rural Microcredit ¿What is it?

This is a credit product managed by FINAGRO whose objective is to promote the access of the rural population into the financial system, as a strategy in order to fight the poverty in the rural sector and looking for incomes for the economic and social strengthening of the farmer families, who have in charge of small productive units and of the increasing in competitiveness for the sector based on the growth and consolidation of the rural microenterprises.

  • Who can get it?

The Rural Microcredit Program is designed for small business units with needs in working capital and also that are dedicated to the agricultural and livestock activities, marketing or services in production, located on the rural sector and principal towns which are leaded by people with difficulties to access to financial system, especially to the credit.

  • How can to get it?

To access to the microcredits is necessary to contact to the Financial Entities that have this product and fulfill the requirements demanded by these entities. FINAGRO have two components: • The Fund of Rural Microfinances • The line of credit of microfinance

  • Investments What is it?

The Investment of Risk Capital Fund was created by article 10 of the Law 1133 of 2007 will operate as a Fund without legal capacity and will be managed by the Financing Fund for the Agricultural and Livestock Sector-FINAGRO. The objective will be support and develop productive initiatives, preferably with limited zones to the private investment and giving priority to the productive and rural- industrial projects.

  • How can to get it?

All projects which are implemented in the rural-industry, livestock, agricultural, fishing, poultry, forest sectors and in general in the rural and livestock and which have feasibility on the technical, financial, environmental and social viewpoint and also that are defined into the Decree what creates and modifies the Risk Capital Fund. The Board of Directors of FINAGRO, with the vow of the Minister of Agriculture and Rural Development will decide, what are the projects that will be subjected to the procedure, in order to carry out investments of which deals the following article. To carry out an investment with the resources of the Fund have to do a feasibility study of the project in order to analyze the financial, technical, environmental and social viability. If after of the feasibility study, the project is viable, The Fund can stablish a corporation or introduce a judicial component which can operate like a carrier of the investment in order to carry out this project with or without the audience of possible investors for the purpose of defraying all necessaries expenses and investments in a pre-operating stage in order to develop this. Subsequently, the project will be subjected to a technical, environmental and financial evaluation by a third party unaware of the feasibility study. Finally, if the reports and studies mentioned before are favorable, the Fund can proceed to do the investment. If some report and study is not favorable with observations and conditioning, The Fund can carry out the investment on the condition that be possible to do the necessary adjustments in simultaneous way. If the results of the evaluations generate the technical, environment, financial and social unfeasibility of the project, it will proceed to the dissolution and settlement of the Corporate stablished as a carrier of the investment, unless that it decides a term for other projects, which have to fulfill the previous procedure in this article.

  • Who can get it?

All specific projects could be carrying out through to furnish capital to the companies stablished as carriers to do investments in a direct way or through any other legal entity which to furnish capital to the created corporates or if this legal entity participates in investment funds like principal or holder.