And the Sicredi Agricultural Credit Cooperative lead the renegotiations of the rural unfolding, a Federal Government Discount program that reached R $ 8.9 billion in renegotiated debts in August.
Sicredi is responsible for R $ 1.2 billion in renegotiated debts, against R $ 728 million from Banco do Brasil, according to data from the MDA (Ministry of Agrarian Development) obtained by Sheet first-hand.
Debts registered with the Federal Active Debt) account for another R $ 6.7 billion – most of them derived from BB loans, which leads the granting of rural credit and passes debts to the Union after a long period of default.
According to government data, the program included 231,000 farmers, being close to reaching the goal of 250,000 beneficiaries by the end of the year.
The government launched the rural unfolding in February. At the time, the MDA calculated 1 million indebted farmers, and R $ 32 billion in debts.
The launch coincided with the high prices of certain items, such as egg, coffee and beef, and one of the program’s goals was in the country, relieving inflationary pressure.
Minister Paulo Teixeira, in turn, was (Landless Rural Workers Movement), who asked for more overwhelming measures of land reform and support for small farmers.
Rural unfolds serves producers and family farming cooperatives, settlers, quilombolas, indigenous people and fishermen with debts registered in the DAU (Union Active Debt), installments accounted for damage or overdue for over 180 days.
The conditions vary according to the type of operation and debt size, but in general they are more advantageous when the debt is with a public bank, Incra or is registered with the DAU.
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