Banco Nacional de Fomento Cooperativo

Banco Nacional de Fomento Cooperativo is playing a pivotal role in the development of the dairy industry by being involved in a proposed financial solution to aid dairy producers. The bank has been approached by producer organizations seeking a substantial financial loan to advance their operations.

Important Events

Producer organizations have sought a loan amounting to five million pesos from the Banco Nacional de Fomento Cooperativo. The primary goal of this loan is to fund the construction of a new processing plant. This facility is intended to manage the substantial production capacity of the basin, which is estimated at 100,000 litres of dairy products per day.