Federación de Cafeteros recupera la Cooperativa de Los Andes, que se hallaba intervenida desde el 2020
Cooperativa de Caficultores de Los Andes Foto: Cooperativa de Caficultores de Los Andes
TL;DR
- The National Federation of Coffee Growers (FNC) announced the recovery of the Cooperativa de Los Andes.
- The cooperative had been under intervention since 2020.
- A recovery plan was structured by the FNC in conjunction with the Superintendence of Solidarity Economy.
- The cooperative will resume operations and services for producers in southwestern Antioquia.
- The intervention helped the cooperative settle financial commitments with banks and the FNC.
- The recovery includes preserving the necessary budget, assets, and infrastructure for operation.
- Approximately 4,000 associates will benefit from purchasing guarantees and other solidarity services.
- The Cooperativa de Los Andes has a 25-year period to fulfill outstanding obligations to the FNC.
- This recovery is significant for Antioquia, the second-largest coffee-producing department in Colombia.
- The reopening will restore purchasing guarantees and vital services for coffee farmers in the region.