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FINANCING PROPOSAL
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September 2024
FINANCING PROPOSAL
REPORT This Financing Proposal report responds to the interest of Mr.
José Alsiviades Pérez Guerrero in continuing to encourage
Applicants:
programs agrop. 1) achieve agri-food sovereignty, through the
José Alsiviades Pérez Guerrero improvement of the Production Unit, consolidate an elite
I.D. V – 11,502,085 company of high production and sustainability adjusted to the
demands of the tropics, framed within the purpose for mass
Location: Sabanas de Capanaparo
Sector, Tranquero farm, Elorza, consumption of the population, 2) Develop the Production
Rómulo Gallegos Municipality. Unit, with efficiency and productive effectiveness by
Apure State modernizing all the existing management processes, take
advantage of the installed capacity through best practices in
Date: 09-01-2024
both the Agricultural and Livestock area as well as in the
infrastructure that the property has. 3) Achieve the sustainable
development of the farm and the sustenance of the family
ING. MSc. JOSÉ GREGORIO
PERNÍA heritage within the stipulated term of the Financing with the
Expert Appraiser timely payment of financing in order to set an example for
SUDEBAN P-2130, ASAPROVE producers in the area.
1545
FOGADE 1046, BANDES 1037
 FINANCING PROPOSAL:

PROJECT NAME:

“Sustainable Program in
BUFALINA LivestocK”
Production unit involved:

U.P. Tranquero Farm

PROPOSAL APPLICANT:

José Alsiviades Pérez Guerrero

I.D. V – 11,502,085

CONTACT PHONES: 0414-7157824

PLANNER: ENG. Master of Science.

AGRO. JOSÉ GREGORIO PERNÍA.

SAN CRISTÓBAL, TÁCHIRA STATE. SEPTEMBER 2024

 Diagnosis of the Production Unit
In a conversation held with one of the Owners of the Tranquero Farm and
Applicant for the Present Financing Proposal, Mr. José Alsiviades Pérez Guerrero I.D.. V –
11,502,085, it was considered important to mention some items that will allow the
development of this report.

The production unit “Tranquero Farm” located in La Vía Sabanas de Capanaparo,

Capital Parish, Rómulo Gallegos Municipality (Elorza) Apure State. It has ample
possibilities of being managed under an efficient technological model, which is based on
the adequate use of available resources to achieve economic improvement and promote
the socioeconomic advancement of the owner family.
 CERTIFICATE OF IMPARTIALITY

Who signs ING. JOSÉ GREGORIO PERNÍA, holder of Identity Card No.
8,108,150, registered in the College of Higher University Technicians under No. 1200,
I.D .V. Number. (214,892) and authorized by the Superintendency of Banks under No.
P-2130 and by the Association of Professional Appraisers of Venezuela ASAPROVE
No. 1545. Bandes 1037
Certify:
1. That the Financing Proposal made is the product of essentially objective,
scientific and universally accepted methods as fair, without the report having
been influenced by any factor, intention or personal feeling that could alter in
the slightest both the data or hypotheses. of work, as the result obtained by
applying the methods explained above.
2. That I have no interest, either direct or indirect, in the property worked on, in
any possible commercial option, nor do I have any type of family relationship,
blood or civil, up to the fourth degree of consanguinity and the second degree
of affinity with the owners of the aforementioned property.
3. That the data obtained from archives, institutions or third people to make this
financing proposal are true and no factor that could influence the final result
has been omitted or exaggerated.
4. That my services were requested solely and exclusively in my capacity as a
professional designer.
5. Likewise, it is expressly stated that no investigation was carried out on
possible liens or other legal effects that could exist on the Real Estate, as
they are not the subject of this report.

Certification issued for reasons of the financing proposal made to a Rural

Property that consists of a Production Unit called “TRANQUERO FARM” located in
Sabanas de Capanaparo, Elorza Apure State.

SEPTEMBER 2024
 I. OBJECTIVES

1. Request medium-term financing with the Financial Entity's own resources, which
allows the efficient exploitation of an established forage area and work on it to improve
an agricultural and livestock activity, which allows obtaining satisfactory returns.

2. Increase the sustaining capacity of the farm with the improvement of existing facilities,
in order to take full advantage of the forage capital that the Production Unit has.

3. Apply appropriate techniques, practices and procedures where performance and

profitability levels are achieved that favor the owner and his family environment.

4. Be an active part of the collective development that is generated in the area, based on
the effective integration of producers through their organizations.

5. Consolidate an agricultural operation that generates jobs in rural areas and therefore
favors some families; but at the same time it serves as an incentive for productive
activity on some farms with similar conditions.
1. Social diagnosis:
1.1.Applicant identification:
Name: José Alsiviades Pérez Guerrero.
I.D.. V – 11.502.085

Location: Sabanas de Capanaparo, Elorza Apure State.

1.3. Experience in the agricultural sector:

It has extensive experience in the field of livestock, agriculture, and poultry, due
to his rural origin, which places him in a position to perform effectively in the planned
unit.
1.4. Geo-economic environment:
The area of influence of the planned farm is widely known for its agricultural
potential, since its location (Altitude) allows it to enjoy natural benefits to establish a Dual
Purpose livestock development on the farm, coupled with this in the small and medium-
sized producers dedicated to livestock and agricultural production directly intervene
actively in the area.
1.4.1. Characteristics: It represents an area that produces milk, meat,
broiler chickens and some small-scale agricultural products, where the hydrological,
soil and climatological conditions allow the development of this type of activities with
acceptable performance.
.4.2. Institutional policies: The area has benefited from agricultural and
commercial credits since its strategic location allows good performance of the
agricultural and commercial sector.
1.4.3. Availability of labor: It does not represent any limitation, since it
takes advantage of foreign labor which acts legally under the administrative instrument
known as “farm workers.”
1.4.4. Basic services: The Production Unit is located 2 hours from the
town of Elorza. This sector has communication, medical-care, transportation,
educational centers, municipal, electrical and production support services.
1.4.5. Trade organizations: Livestock Breeders Association, Agricultural Cooperatives
and several collective milk collection centers operate in the area.

2. Physical diagnosis:
2.1. Basic information:
2.1.1. Location:
2.1.1.1. Political location:
Parish: Elorza
Municipality: Rómulo Gallegos
State: Apure

2.1.1.2. Physical address: The Production Unit is located in the Sector

known as Sanas de Capanaparo, Capital Parish, Romulo Gallegos Municipality of the
Apure State, barely 2 hours from the town of Elorza.

2.1.2. Land ownership: The Production Unit here under study is Private
Property, as stated in the Private Document Preliminary Purchase and Sale Contract,
duly signed between the parts on October 5th , 2023

Tranquero Farm , Borders Surface 2492.00 Hectares.:

NORTH Sabanas The Esmeralda Farm

SOUTH: River Capanaparo
EAST: Farm La Osa
WEST Sabanas Santa Elena Farm

2.1.4. General surface: The Production Unit is managed extensively with pastures with
forage for existing animals.
2.1.4.1. Total area of Tranquero Farm: 2,492.00 Has.
2.1.4.2 Total Worked Area 2,400.00 Has.
 2.1.4.2. Surface distribution:

CONCEPT SURFACE PERCENTAJE

Sown pastures 1000,00 40,13
Natural pastures 1390,00 55,78
Crops 0,00
Virgin mountain 92,00 3,69
Protective mountain area 0,00 0,00
Seats, roads and const. 10,00 0,40
Total 2.492,00 100,00

2.1.5. Roads
2.1.5.1. Access road:
Leaving from the City of Elorza Apure State, we take the Caribe
river Highway and before the Bridge where the Escamoto Battalion is located, we take
the agricultural median on the left where we travel approximately 1 hour and 40
minutes until we reach the Production Unit under study. this after passing the Yeguita
Farm , El Paraiso and Santa farm.

2.1.5.2. Road: Paved and agricultural median passable all year round,
preferably in a Four Wheel Drive Vehicle
2.1.6. Services:
2.1.6.1. Electricity:
It does not present electrical service.
2.1.6.2. Aqueduct:
6 Own boreholes and tanks in the farm's pastures.
2.2. Hydro-climatic information
2.2.1. Climatology
2.2.1.1. Temperature
Minimum: 20 ºC
Maximum: 35.00 ºC
2.2.1.2. Rainfall
 1,500.00 mm / year

2.2.1.3. Relative humidity

15%
2.2.1.4. A.S.N.M. 123 meters
2.2.1.6. Climate
B.H.P Rainy Warm
2.2.2. Water resources:
2.2.2.1. Surface water:
It uses the water from the farm's natural estuaries that are
located on the farm, and a tank in the pastures to water the livestock.

2.2.2.2. Groundwater:
There are 6 perforations, due to its altitude.
2.3. Agrological information:
2.3.1. Topography:
The topography of the farm is flat with little slopes, 90% mechanized,
workable with a tractor, and 90% mechanized.
2.3.2. Floors:
They are soils with a clay-loam texture, with a medium degree of
stoniness, with good fertility for annual crops and pastures. It has floodable areas in
the natural estuaries in the lower parts of the property.
2.3.3. Vegetation: It has 92.00 hectares of Virgin Mountain and a reserve area
for the farm's tributaries, which serve as a lung for the farm.

3. Constructive diagnosis:
3.1 Tranquero Farm has two foundations, each with housing and wooden
corrals, in addition to this it has approximately 17 kilometers of conventional fences
made of wooden fences and 5 hairs of barbed wire motto 500.

3.2. Animal agricultural activity

Currently the farm is dedicated to bufaline activity, milking, breeding,
milk and raising cattle from Bumautes.
 3.2. Production destination:
Producers in the area usually work with milking cattle, marketing their product to
collection centers and cheese factories in the area.

3.3. Technical support service:

For the Livestock, the property is visited quarterly by a Veterinary Doctor for the
well-being of the livestock, in addition, health actions are carried out for the herd, in
addition to complying every six months with what is established by the INSAI, Vaccination
against Foot and Mouth Disease, Rabies and Smut. Asymptomatic, or any other anomaly
that harms the herd.
3.4. Administrative aspects:
The administration is direct. As a result of the requested credit, it is planned to
improve the production and technical-accounting controls system, including a greater
number of workers and specialized technicians in order to maintain the expected
production levels.

PRODUCTION DATA: Milking is carried out daily on the farm, obtaining approximately 100
liters daily, which are curdled and the Cheese is sold in the Town of Elorza, obtaining 20
Kilos of Cheese sold daily at 3 usd/Kg.

3.6. Production services:

Considering the population of Elorza, we have:
Transportation of products and supplies Si
Agricultural mechanization Si
Agricultural harvest collection Si
Livestock technical assitance Si
Slaughterhouses and/or industrial refrigerators Si
Nearest collection center <Kms> si
Machinery and equipment repair workshops Si
Well-stocked farm houses Si
Artificial insemination route Si
Artisanal cheese factories nearby Si
Dairy agroindustrial plants Si
Forrajes: constituido por:
CLASS VARIETY ÁREA Has. U.A./Ha. % Aprov Cap Sust
Total U.A.
humidicola 1000,00 1,50 90 1.350,00
Natural grass
FORAGE
(Lamedora 1400,00 0,80 90 1.008,00
OFFER
Chiguira)
Total 2.400,00 2.358,00

INVENTORY OF EXISTING BUFFALINE LIVING:

TYPE OF LIVESTOCK QUANTITY U.A ANIMALOAD U.A.

Buffaloes 30 1,50 45,00
Buffaloes 1 2,00 2,00
Buvillas 70 1,00 70,00
Bumautes (300 kg) c/u 250 0,75 187,50
Calves 15 0,50 7,50
Female calves 15 0,50 7,50
TOTAL 381 319,50

Total numbers of livestock 381 animals

Exixting animal load 319,50 u. a
Surface farm 2492,00 has
Pasture surface introduced 1.000,00 has
Natural areas pastures 1400,00 has.
Total support capacity 2358,00 u. a.
Total forage availability 2.038,50 u. a.
Number of paddocks 4 with conventional fences.

BOVINES: Bufalino cattle of the Murra and Mediterranean breed, with modest
performances in terms of Weight/Animal/Day gain, wanting to improve the genetics of the
herd and need to be replaced with the improvement of the Herd that allows taking full
advantage of all the potential that the property offers.

MANAGEMENT:
- The existing herd is managed in pastures, supplementing its diet with molasses and
mineral salts under a Buffalo/Bucerro/Bumaute development system.
- Reproduction is by natural mating.
- According to what is stated by the owner, the herd of this agricultural property complies
with the legal requirements demanded by the national INSAI every six months, where the
national vaccination against foot and mouth disease, rabies, asymptomatic smut is
applied, in addition to ruling out possible outbreaks of brucellosis within the herd.

USE OF TECHNOLOGY:
- Use of herbicides to clean pastures.
- Maintenance of paddocks with farm workers. and piece-rate personnel.
- The Farm does not have Electrification 110, 220.
- The farm does not have an Agricultural tractor, so they are fundamental pieces in this
financing.
- Agricultural implements such as Shovels, Pickaxes, Back Fumigators, minor tools,
Grass Chopper, Motor Pumps and others.

INFRASTRUCTURE: the existing infrastructure is made up of:

- Main house of the farm
- Corrals, wooden sleeve.
- Pastures with conventional fences made of wooden posts and 5 strands of barbed wire
(Motto 500).

CHARACTERISTICS AND STATE OF THE INFRASTRUCTURE.

The infrastructure is modest, fully complying with the work carried out on the farm.

ADMINISTRATION:
Directly from the owner who regularly attends the farm, in addition at the time of the
visit 4 workers work as permanent employees of the farm, who carry out cleaning of
pastures, assistance to the livestock and general maintenance of the agricultural property.
 Chapter I
General information

Proposer identification
The applicant for investment leverage for the development of the project in question is a
Natural Person with the following identifying information.

JURIDICAL PERSON
CLIENT José Alsiviades Pérez Guerrero
Number I.D. V – 11.502.085
Contact phone 0414-7157824
Address Tovar Mérida State
Years of proven experience as an 45 years
agricultural producer
IDENTIFICATION OF THE PRODUCTION UNIT WHERE THE PROJECT WILL BE CARRIED OUT

Production unit location

Tranquero farm Sabanas de Capanaparo sector, Elorza, Rómulo Gallegos
Municipality. Apure State

The investment project is called “Sustainable Program in BUFALINA Livestock” which

aims to strengthen, develop and consolidate the existing productive areas on the property,
the reconstruction of the existing facilities within the area under study for better use of the
fodder capital and existing facilities and acquisition of machines and equipment in order to
modernize the Production Unit.
PROJECT EXECUTIVE SUMMARY

COMPONENTS DESCRIPTION
Name of the project “Sustainable Program in Bufalina Livestock”
Production Unit that Intervenes Tranquero Farm
Geographical location Apure State
Strengthening, development and consolidation
of the existing productive areas on the property
Interest to which the Project responds as well as the deployment of new production
techniques in the Livestock Sector aimed at F1
Dual Purpose Bufalino cattle.
Improvement of production processes,
Acquisition of buffalo cattle, Construction and
Strategic Lines Improvement of Pastures and Paddocks, as well
as the livestock infrastructure, machines and
equipment of the farm
Area: agricultural development and food
security.

Type: investment in the agricultural sector.

Scope, Type and Actions
Components: improvement of livestock,
increase in production, modernization and
improvement of processes and Agricultural
Infrastructure
At first, the direct beneficiaries total a total of
Direct beneficiaries
approximately 8 people. Which are part of the
direct and indirect personnel that work and
depend on the Production Unit.
The community in general: community
councils, cooperatives, small and medium-sized
businesses, individuals and others who sell
Indirect beneficiaries and/or consume the products that are processed
in the Production Unit under study, in addition
to the families in the area since the spread of
sources of employment in surrounding areas.

PROJECT EXECUTIVE SUMMARY CONTINUED

 COMPONENTS DESCRIPTION
Expected Execution Time 5 years
Total Project cost 1.070.000,00 Dólares Americanos
It will be guaranteed by the efficient
management of the different production
processes, which will be under the
Sustainability Strategies managerial direction of the applicant and a
group of professionals, technicians and
workers with competence in the
development of the productive activities
indicated in the project.
This Technical inspection report responds
to the interest of Mr. José Alsiviades Pérez
Guerrero in continuing Plan, to: 1) achieve
agri-food sovereignty, through the
improvement of pastures and forage,
consolidate the elite agricultural production
unit of high production and sustainability
adjusted to the demands of the tropics,
framed within the purpose for mass
consumption of the population, 2) Develop
the Production Unit with efficiency and
productive effectiveness by modernizing all
General characteristics of the project existing management processes, take
advantage through best practices of the
capacity to be installed in both the
Cowsheds, Homes and perennial crops
(Pastures), as well as in the infrastructure
that is desired to be founded in the
production units and, 3) Achieve in the
stipulated term of the Financing the
sustainable development of the Production
Unit and the sustenance of the family
assets with the timely payment of the
financing in order to set an example for
producers in the area.
Project Justification

Who Requests José Alsiviades Pérez Guerrero, agricultural producer duly identified with the I.D.
Number. V – 11.502.085, with proven experience for more than 45 years, has the help of the Family
Nucleus and Professional Friends, which is why it presents to you the project “Sustainable
Endogenous Program in Livestock Bufalina” With the aim of strengthening, developing and
consolidate the existing productive areas on the property, as well as the deployment of new
livestock and dairy production modules respectively.

The reasons that motivated the need to formulate and carry out the investment initiative respond to
the interest of consolidating an agricultural production unit with high levels of technology for the
improvement and increase of the production cycles that the U.P. currently has Tranquero Farm.

The efforts made so far have managed to keep the property under study productive, but with static
cash flows only for maintenance in accordance with the commitments made to external parts.

It is estimated that with the new financing and execution of the project in all its phases, the installed
and consolidated productive capacity will be maximized throughout these 5 years. Likewise, the
requested financing provides for the modernization of many of the production processes carried out
on the farm as well as the genetic improvement of the herd, seeking to consolidate itself as a pilot
farm in the area of action.

Given this, it is desired to establish this Investment Plan to be executed on the property.
 INVESTMENT PLAN 1.070.000,00 Dollars
BUFALINOS LIVESTOCK
No Amount Description Justification P.U. Dollars Sub-total USD
.

1 200 Pregnat It will increase the farm's daily 1.200,00 240.000,00

cash flow with milk and weaning
Buffaloes
of animals during the project.
2 400 Bumautes It allows obtaining in the short 350,00 140.000,00
and medium term, which is
essential in order to honor
financing commitments.
3 10 Older The inclusion of older 2500,00 25.000,00
Buffaloes buffaloes parents allows the
breed to be maintained,
although artificial
insemination is planned and
thus genetic improvement
will be achieved with
controlled breeding.

ADQUISICIÓN DE MÁQUINAS Y EQUIPOS Y CONSTRUCCIONES

No Amount Description Justification P.U. Dollars Sub-total USD
.

4 2 New Technique in a farm is a 100.00,00 200.000,00

agricultural fundamental factor for good
tractors development, with the inclusion
of these it will allow the
conditioning of pastures with a
better forage supply and thus
increase averages in milk and
meat respectively.
5 2 Hydraulic It will allow the conditioning of 30.000,00 60.000,00
lifting new areas with introduced
harrows pastures or protein banks for
existing livestock
6 2 Rotary Allows the cordoning of the 15.000,00 30.000,00
ground and the cleaning of
medium-sized weeds in order to
maintain the animal load
7 1 Jumbo Essential in the Production Unit 150.000,00 150.000,00
Caterpillar for the construction of canals,
machine lagoons and conditioning of
pastures
8 1 Cattle raising Construction of Corral and cow 225.000,00 225.000,00
and livestock pasture (1500 m2) in Iron, dirt
Management floor, 4 drawers, working chute,
shed, Roman and pier.
 TOTAL USD 1.070.000,00

Requested Amount
A financial requirement is estimated to be in the order of 1,070,000.00 American Dollars,
which will be used to promote and strengthen the productive peasant sector of Venezuela,
by virtue of currently having the guarantees that guarantee the requested amount, as well
as the respective repayment sources.

Chapter II
Estudio de Mercado
Products

The products currently sold by the Producer Obtained in the Production Unit, are
made up of Milking Buffalo Cattle and rearing of Bumautes from weaning, which generate
outflows of male animals that are destined for sale after weaning and animals for discard.
Which are sold to slaughterhouses and/or feedlots according to the commercial prices of
the moment.

Business market

The food sector, in general terms, is considered to have the highest inventory
turnover, since daily consumption by the various levels of the population energizes the
food chain. These products are subject to variables such as family income, which can
affect the speed of rotation of said inventories.
Within consumption itself, we must highlight that in Venezuela, both the dairy circuit
(milk) and meat crops function without major inconveniences, because there is a growing
demand that national production cannot cover.

Currently, several of the products that are generated in the Agricultural Unit here
under study are under regulation imposed by the Ministry of Popular Power for Food
MPPAL, and more recently with the promulgation of the Fair Prices Law that structures a
 market dynamic under policies of adjustments controlled by the State and not by the free
exercise of competitors.

Given this, we can observe in each of the product lines of the food basket, the
behavior of mass consumption, revealing the high mobility and ever-increasing demand for
meat, milk and their derivatives; becoming fundamental for a balanced diet. The behavior
of the prices of the items in question is also appreciated, with the capacity to generate a
projection in accordance with the profitability levels.

Productesperados
Demand Potential
y tratados Market
en el apartado económico financiero del proyecto.

One of the main entities in the state purchase of food is The State Under the
different Food Programs already established, within the framework of the decentralization
of the regional purchasing management of this state network, governed by the Ministry of
Popular Power for Food, which could open opportunities in each of the regions for the
marketing of basic food products.
In Venezuela there is a culture of consuming milk, meat and dairy products
(cheese) as a complement to meals. In this sense, there is a marked trend that favors
producers in the Venezuelan countryside in general. However, other items such as poultry,
fish and vegetables have been gaining increasingly important market shares.
On the other hand, Venezuelans have within their consumption habits at social
gatherings to offer their guests roasts, a wide variety of dairy products and charcuterie
(cured meats), both national and imported, this indicates that the production offered here is
highly guaranteed.

Service aspects

The services that exist in the area and its adjacencies where the production units
are located, such as: transportation of products and inputs, technical assistance,
slaughterhouses, recipients, companies providing services of various kinds, suppliers and
machinery repair workshops and equipment, commercial houses that distribute agricultural
goods and inputs, among others necessary for supply and marketing, can be found regularly in
the town of Elorza, Apure State.
 Chapter III
GUARANTEES OFFERED

Project Commitment

The agricultural producer has been generating different alternatives for both plant and
animal production cycles for about 45 years, but approximately 20 years ago a plan was
conceived to develop the production unit through the exploitation of Dual Purpose Bufalino
cattle but with its own resources. which limits it to grow and promote the desired livestock
development.

The Production Unit is fully operational and its operating expenses are covered., but the
productive efficiency indices do not correspond to the investment in agricultural infrastructure
and machinery and equipment it has, due to lack of sufficient financial resources to make a
profitable productive and business unit through best practices. This being the objective image
pursued with the new financing.

Objectives to be pursued

 Incorporate this production unit actively and directly into the regional and national
development process according to the lines of the Simón Bolívar National Plan and
the fundamental approach and provisions for the productive decentralization of the
agricultural sector contained in the National Livestock Development Plan 2011 -2030,
currently approved by the competent bodies.

 Rationally use the resources granted by the financial entity for the necessary
improvements that allow productive activities to be consolidated profitably in the
Production Unit here under study.
 Achieve an increase in the productive efficiency cycle in the management of the
buffalo herd.

 Achieve an increase in milk and crop production through the use of technology,
improvement of cultivated grass areas and animal reproduction.

 Increase the number of jobs and use the existing workforce more efficiently both in
the activities of the Production Unit with the new technologies to be developed.

 Establish a system of electric fences throughout the farm for better distribution,
management of the herd and use of forage.

 Promote the conditioning of the existing facilities where the current herd will be
managed, arranging the existing infrastructure for the herd of high genetic value that
will enter through financing.

CONCLUSIONS
The program presented here comes from a series of compilations and studies
based on the need to search for food that allows minimizing the impact caused by large
States, which is why together with a group of selected professionals I present the following
financing proposal in favor of the Field Venezuelan and the Double Purpose Bufalina
Livestock, (Alternative forever).

1.Tranquero farm is located in the Capanaparo River basin, making it an excellent area for
the development of dual-purpose Bufalina livestock, allowing the forage supply to be
maintained throughout the year. There we will carry out the Livestock production of dairy
bellies and good weight calves at weaning.

2.The current production on the farm is considered regular but could be improved, which is
why the client wants to introduce Pregnant Buffaloes with better genetics in terms of milk
to his herd, taking advantage of the forage supply he has and thus be able to increase his
daily averages of milk, all with the firm purpose of consolidating the farms as cattle raising
Bufalina Doble Purpose.
3.The farm is currently attended directly by the Financing Applicant and collaborating
partners, who regularly attend the farms and their contribution to the farms goes towards
achieving the greatest benefit that they offer every day.

4.At the time of the visit, permanent workers work on the farms who carry out cleaning and
maintenance tasks on the farm in addition to ensuring the development of cattle
established in the production unit.

5. Consider that this financing request is adjusted to the needs required by the farm,
which has conditions to improve productivity and therefore I consider the investment
advisable, under the regulations established by the financial institution.

6. Regarding Dual Purpose Buffalo Cattle, it is important to know that in our tropics,
crosses are made with buffalo animals to obtain adaptability and resistance, along with
good production of meat and milk.

7.The double buffalo dual purpose system today is becoming a very viable alternative to
produce meat and milk without the need for a large infrastructure to achieve this goal.
There are many advantages compared to specialized dairy systems or the full-milk rearing
system. Ultimately, it generates greater income from the sale of milk and at the end of
lactation and the subsequent sale of the calf at weaning.

8. It is important to mention that this endogenous sustainable dual-purpose buffalo cattle

program will allow the commercialization of cattle on foot or in Canal to regions such as
the center of the country and why not outside the country, of course, always fully
complying with The Sanitary Measures imposed by the Venezuelan State for this purpose.