Law N 302 - Creates the Agricultural Solidarity Fund (FONSA) Colombia

Law 302 establishes the creation of the Agricultural Solidarity Fund, a special account attached to the Ministry of Agriculture and Rural Development, specifically intended to financially support small agricultural and fishing producers. The main purpose of this fund is to provide partial or total relief from your debts in adverse situations, such as extreme weather events, natural disasters, serious phytosanitary problems, or significant disruptions to public order that affect production or marketing in specific areas. The law defines the criteria to identify small producers, establishes the sources of financing for the fund, and details the operations that it can carry out, including the purchase of debts and the restructuring of financial conditions for debtors.