SIGRIA - a solution to acess agricultural credit in a easy way and with risk control

• Grant number: 19/16484-3
• Support Opportunities: Research Grants - Innovative Research in Small Business - PIPE
• Start date: November 01, 2021
• End date: July 31, 2022
• Field of knowledge: Agronomical Sciences - Agronomy - Agricultural Meteorology
• Principal Investigator: Yury Catalani Nepomuceno Duarte
• Grantee: Yury Catalani Nepomuceno Duarte
• Company: Sigria Soluções em Investimentos e Empréstimos Rurais Ltda
• CNAE: Fundos de investimento ; Securitização de créditos ; Avaliação de riscos e perdas
• Principal investigators: Paulo César Cury Junior ; Raphael Sousa Teleze
• Associated researchers: Kauê Tartarotti Nepomuceno Duarte ; Roberto Arruda de Souza Lima
• Associated research grant(s): 22/15761-6 - SIGRIA Monitor, AP.PIPE
• Associated scholarship(s): 21/12081-1 - SIGRIA: a solution to acess agricultural credit in a easy way and with risk control, BP.PIPE; 21/12080-5 - SIGRIA - Agronomic intelligence applied to agribusiness, BP.TT; 21/12211-2 - SIGRIA - Agronomic intelligence applied to agribusiness, BP.TT

Abstract

The barriers and complications on access rural credit in Brazil harm several farmers and delay the access of millions for investment in crops in a timely manner for proper planning and good results. In addition, the risk assessment and the establishment of the interest rate determined by banks in private rural loans are arbitrary in relation to the agricultural potential and the performance and efficiency levels of rural property, often taking into account only socioeconomic aspects to establish or access to rural credit. In this sense, a tool that allows both the debureaucratization of access to rural credit and the evaluation of agricultural and climatic risks, associated with socioeconomic index, would leverage the credit market, allowing faster access to credit and allowing the farmer to have a better window to purchase the supplies. In addition, this tool would still enable peer to peer (P2P) investments, directly between investor and farmer, eliminating the need for a large bank structure behind such operations. Thus, the objective of this project is to offer a score risk to support the access to rural credit supply, based on agricultural science and economic performance of the rural area, embedded in a P2P investment tool, allowing easy access to credit by farmers and also enabling a new investment portfolio for players interested in this important and promising part of the Brazilian economy. (AU)