Safra Plan: Sicredi should release almost R$ 23 billion for rural credit.

The Cooperative Credit System (Sicredi) will offer more than R$ 22.9 billion to the agricultural sector within the 2020/2021 Harvest Plan. Value 10% above the value available in the 2019/2020 harvest.

The estimate is that the resources will be distributed in approximately 227 thousand operations, according to a note from the cooperative financial institution, which serves more than 4.5 million members.

In the states of Paraná, São Paulo and Rio de Janeiro, the value will be R$ 6.9 billion, 18% higher than that offered in the last harvest. Of the R$ 22.9 billion, R$ 10.4 billion must be allocated to funding, commercialization, industrialization and investment operations.

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For associated rural producers in Paraná, São Paulo and Rio de Janeiro, more than R$ 6.9 billion must be made available through 100 thousand funding and investment operations.

Of this amount, around R$ 1.6 billion will be made available by Pronaf, of which R$ 1.2 billion for agricultural costs and R$ 400 million in investment lines.

In the 2019/2020 Harvest Plan, 80% of the operations carried out by Sicredi were carried out with associated small and medium-sized rural producers. The institution's expectation is that the percentage of people served with these profiles will be maintained in the next cycle.

“The member who obtains financing for his rural enterprise generates jobs and income, fueling the development of his community”, stated in the note the executive director of Credit at Banco Cooperativo Sicredi, Gustavo Freitas.

2019/2020 harvest

In the season that ends today - still without consolidated data -, Sicredi estimates that it has released R$ 20.7 billion in more than 203 thousand operations, an increase of approximately 15% compared to the resources granted in the 2018/19 cycle.

Sicred

Sicredi is already receiving financing proposals for the 2020/2021 Harvest Plan, which runs until the end of June 2021.

Before requesting credit, the associated rural producer must plan the next harvest, considering what he will plant, what the cultivation area is and the necessary budget. Based on soil assessment and technical guidance regarding the use of inputs and other services that will be used.

After that, armed with all this information, you can contact your agency to proceed with the proposal and other procedures for approval and release of credit.