02 — Capital markets · Credit
Credit.
Community lending built around productive capacity rather than extraction.
CNV / INAES · lendingLending around productive capacity
Community credit designed around what a project can produce, not what can be extracted from it.
Bridge
Placement gap
Covers the final quotas of an IOU.LAND raise, repaid from lagging sales.
Mutual credit
Member lending
Short-term credit to members, framed by the Mutual (INAES).
Transition
Project finance
Working capital for planting, infrastructure and setup, before revenue.
Coming online
Credit is being structured.
The lending directorate spans two orbits — Mutual credit to members (INAES) and project finance (CNV). Terms, rates and the application flow are in design.
Back to overview ↖Crisis and timing gaps are financed here or via Bonds — never by over-issuing the julio.