Rémi’s story – A helping hand to expand the family business

Thanks to the Alter’NA financial instrument, Rémi Labescau, a young farmer from Nouvelle-Aquitaine could kickstart his cow breeding project and join the family business, a 60 hectare farm previously dedicated to chicken breeding and market gardening.

With the Alter'NA guarantee loan he was able to purchase his herd and the equipment necessary for milking and breeding animals, as well as to renovate all the buildings of his parents’ farm.

The Alter'NA guarantee fund, set up with EUR 36 million from Nouvelle-Aquitaine regional funds, the European Agricultural Fund for Rural Development (EAFRD), and the European Fund for Strategic Investments (EFSI, Juncker Plan), has already helped hundreds of farmers in the Nouvelle-Aquitaine region to implement sustainable agriculture projects.