Unicaja Banco reinforces its support to the cooperative La Palma de Granada, one of the most important in the production and trading of cherry and specialty tomato. Both institutions have renewed their collaboration agreement, in force since 2015, and which benefits the 700 farmers who are members of this cooperative.
Unicaja Banco offers to these professionals a specific comprehensive financial service, on advantageous terms, to facilitate and improve the development their activities. The agreement includes as well a line of products designed to meet the needs of the members of the cooperative.
The agreement, signed by Unicaja Banco’s Regional Manager in Granada, Manuel Conde, and by the President of Cooperativa Granada La Palma, Pedro Ruiz, falls within the bank’s support to the agricultural sector and especially within its interest in fostering the economic development of the areas where it operates, such as Granada province.
The agricultural sector remains a key in the financing policy of Unicaja Banco and therefore the bank plays an active role in providing assistance to this group of professionals, determinant for the boost of the economy and job creation.
Comprehensive financial service
Under the agreement entered into, Unicaja Banco offers loans for the campaign of intensive cultivations, loans to acquire or to improve farms, loans for the installation of drip irrigation or for the acquisition of farm machinery; Greenhouse Loan (Crédito Invernadero); Credi-plástico (for the acquisition of plastics for greenhouses), or Tarjeta Univerde, adapting repayments to campaign income.
Sociedad Cooperativa Andaluza Granada La Palma, with headquarters in Carchuna (Motril), was established in 1973. Currently it has 700 partners, around 1,200 employees and 854 cultivated hectares (25% of the greenhouse surface of the province of Granada). It is one of the largest fruit and vegetable exporter in Spain and a reference in the production and sale of cherry and specialty tomato.