SAN JUAN DE LA MGUANA.- About thirty small coffee growers benefited from a loan amounting to just under half a million pesos at a rate of 0.5% interest, for the promotion and sustained production of coffee in this province.
These loans were facilitated by the Inter-American Foundation in the person of his representative in the country, Luis Mena, which were processed by the Federation of Coffee Growers and Farmers for Development of San Juan-FECADESJ-, chaired by Antonio Luciano Abreu (Tony).
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Mena said that those loans will be paid by coffee growers with the coffee they produce on their respective plots prices that, according to Luciano Abreu, currently range between RD$12,000 and RD$132,000 per quintal.
The act of delivery of said resources was carried out in the facilities of the agribusiness owned by FECADESJ, located at kilometer 9, San Juan-Azua highway.
Between the benefited Loans include Diogenes Delgado, Adriano Comas Luciano, Salvador Ramirez, Gospel of the Saints; Olanda Pinales, Bernardino Comas, Maria Laura Cena, Ernesto Encarnacion; Ernesto Valenzuela, Benito Mateo, Carmen Lucia Arnaud, Eduardo Suero: Francisco Sánchez, Tomás Moreta Lucía Moreta, Domingo Merán, Víctor Medina; Florentino Valenzuela, Isidro Concepción, Mercedes Andújar and Fernelis Mora.
Luis Mena guaranteed the beneficiaries of these loans at very preferential rates, that there will be new resource facilities for the development and promotion, not only of coffee, but of other agri-food items.
