Analysis of the resources of the ABC Program for the 2013/2014 crop year (until April)

Abstract

The possible reasons of the low level of adhesion of producers to the ABC Program continue being the interest rate of 5% a year – that have become less attractive than other lines of credit, such as PRONAMP (Programa Nacional de Apoio ao Médio Produtor Rural - National Program of Support to the Medium Scale Farmer), that had a decrease of interest rate reaching 4,5% - and the high level of requirements for attaining credit, as the ABC demands the producer to present a geo-referenced project of the property and soil analysis.