Agrobanco reported that, from January to December of this year, they disbursed more than S / 746.5 million in agricultural and livestock loans.
Thus, 89,344 small agricultural producers were benefited, and loans exceeded the amounts of the last three years.
The state bank specified that 62% of the total disbursements were through the resources of the direct financing programs of the Agroperú Fund.
In addition, considering the financing modalities, 36% of the disbursements were granted to small farmers who applied for their credit individually, while 60% of what was placed was for organized small producers and the remaining 4% was directly focused on small producer organizations.
César Quispe, president of the Agrobanco board of directors, pointed out that the achievements have not only been in higher placements, but also in the improvement of various management indicators, such as the default rate of the new portfolio, which does not exceed 5%, ” as well as the consolidation of adjustments in management documents and the bank’s organizational structure, adapting it to the specialization in rural microfinance, thanks to the teamwork of the board of directors, managers, collaborators and the determined support of the Ministry of Agrarian Development and Irrigation (Midagri) ”.
Progress in bankarization
More than half of the small producers served in 2021 accessed a loan for the first time, that is, more than 49,000 entrepreneurs of family farming were inserted into the financial system thanks to rural banking, adds Agrobanco.
On the other hand, Agrobanco reached 29,259 rural women with S / 222.9 million in agricultural and livestock loans. 62% of the women assisted obtained their first loan to start family farming.
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