Resolution No. 12 - Modifies Resolution No. 7, which establishes rediscount lines for agricultural and rural microcredits.

The resolution authorizes Finagro to implement a rediscount line for agricultural and rural microcredits aimed at financing working capital for small producers and rural microentrepreneurs, including costs of voluntary microinsurance premiums. Finagro may carry out rediscount operations up to 20% of its technical assets, expandable up to 30% by decision of its Board of Directors.