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Loans

Finagro

Rural loans rediscounted with state backing.

Note: The calculation shown is for informational and reference purposes only. The installment shown does not include the mandatory insurance associated with the loan. The final value is subject to the credit study, approval conditions and applicable costs.

Finagro
I want it

Choose your Finagro line

Rediscount lines with Government backing per your project.

Short Term

DTF + 2% transitory crops
  • Corn, rice, soy, vegetables
  • Term up to 2 years per cycle
  • Rural Guarantee Fund backing
  • Direct disbursement to producer
Crops harvested in under 24 months.
I want it

Legal Cannabis

DTF + 4% with ICA/INVIMA license
  • Financing for medical cannabis crops
  • Infrastructure and biosecurity
  • Valid license required
  • Regulatory advisory included
Licensed companies from the legal cannabis sector.
I want it
Benefits

What does it offer?

Government-subsidized rates via Finagro

Eligible for Rural Capitalization Incentive (ICR)

Rural Guarantee Fund backing

Terms up to 12 years by purpose

Agricultural and legal cannabis crops eligible

Everything you need to know

Know more about your credit

Everything you need to know at a glance.

Amount
By project
Term
Up to 12 years
Rate
Subsidized by Finagro
ICR
Up to 40% subsidy
Guarantee
Rural Guarantee Fund
Eligible
Agriculture + legal cannabis
Coverages and uses

What can you finance?

These are the coverages and uses of your loan.

Permanent crops

Coffee, palm, cocoa, fruit and long-term crops.

Transitory crops

Corn, rice, soy and eligible short-cycle crops.

Rural infrastructure

Construction or improvement of rural housing, warehouses and productive systems.

Land purchase

Financing for rural land purchase with subsidies and grace periods.

Simulate your Finagro
Calculator

Simulate your Finagro

Calculate your exact installment before requesting.

Our simulator shows you the amount, term and estimated monthly installment. No commitments.

Go to the simulator

Ideal for

Agricultural producers and mid/long-term rural ventures.

Interested?

Write to us and an advisor will get in touch.

Request more information
All included

Mandatory insurance included

Complete coverage backed by Finagro and the Rural Guarantee Fund.

Debtor life with FAG backing

The Agricultural Guarantee Fund backs up to 80% of balance on claims.

Finagro crop insurance

Covers losses from climate events, pests and uncontrollable diseases.

Monthly premium of 0.30%

Preferred subsidized rate and eligible for ICR incentive.

Requirements to get it

Requirements to obtain it

Requirements for the Finagro loan with preferential DTF rate and FAG backing.

Membership as a partner

  • Original valid national ID card (or foreigner ID for non-Colombians).
  • Be of legal age (18+) to hold the product.
  • Fill in the single INOVACOOP membership form.
  • Personal-data handling authorization (Law 1581/2012).
  • Authorization to consult and report to credit bureaus.
  • Payment of the minimum membership social contribution.

AML compliance (SARLAFT / FATCA)

  • Know-Your-Customer form (SARLAFT), duly signed.
  • FATCA / CRS form declaring foreign tax obligations.
  • Written declaration of the lawful source of funds and assets.
  • Two personal and two commercial/family verifiable references.

Finagro classification

  • Be classified as small, medium or large producer by total assets (current Finagro resolution).
  • Perform a rural activity included in Finagro rediscount credit lines.
  • Activity executed 100% within Colombian national territory.

Project documentation

  • Finagro investment plan (official FIN-001 form) with use of proceeds.
  • Land-tenure certificate with georeferenced coordinates.
  • Technical and economic study of the crop or livestock project.
  • Current ICA/INVIMA registration; Ministry of Justice license for cannabis.
  • Complementary FAG (Agricultural Guarantee Fund) guarantee request.
  • Subsidized agricultural insurance policy (mandatory for certain lines).

Credit requirements

  • Minimum three (3) months of membership.
  • Good payment history: no active negative credit-bureau reports.
  • The installment cannot exceed 40% of net monthly income.
  • Mandatory borrower life insurance and product-specific policies.
  • Fill in the credit application and payroll deduction authorization.
Documents must be current and original. INOVACOOP may request additional information based on credit or risk analysis for the product.
How to open your account

Request in a few steps

Pick your preferred channel — the process is fast and simple.

Online

100% digital
From the app or portal, without leaving home.
  1. 1 Log in to the INOVACOOP app or web portal.
  2. 2 Choose "Finagro" and complete the simulator to see your installment.
  3. 3 Attach required documents digitally (ID + supporting docs).
  4. 4 Electronically sign the promissory note from the app.
  5. 5 Receive the disbursement in your INOVACOOP account in 24 business hours.
Request online

Physical branch

Personal advisory
An advisor guides you through the whole process.
  1. 1 Visit your nearest INOVACOOP branch with your original ID.
  2. 2 Ask an advisor about the "Finagro".
  3. 3 Fill in the application form with the required documents.
  4. 4 Sign the physical promissory note and contract with the advisor.
  5. 5 Receive the disbursement by check or transfer the same day.
Visit a branch
Full transparency

Rates and fees

Know current rates and costs associated to your loan.

Monthly nominal rate Variable subsidized
Effective annual rate DTF + 2% approx.
Debtor insurance 0.35% monthly of balance
Administration fee $8,000 COP monthly
Prepayment No penalty
Late fee Current usury rate

Rates are estimates and depend on your individual credit study.