Factors of restriction to rural credit for family farming from the perspective of financial institutions established in the municipality of Espigão do Oeste, Rondônia

Abstract

The contribution of agribusiness in Brazil is indisputable, especially in the economic and social context regarding family farming. However, family farmers face several challenges in the development of their activities, such as limitations in access to rural credit. Therefore, the present study sought to analyze the factors that restrict rural credit for family farming from the perspective of financial institutions established in the city of Espigão do Oeste, Rondônia. To this end, the study also sought to analyze the profile of farmers, to determine which measures can ease the restriction on credit, to identify the main PRONAF credit lines offered and demanded by producers. To achieve the objectives, descriptive and exploratory research was used, with deductive study methods and a qualitative approach. For data collection, bibliographic and field research was used based on interviews with the managers of the five financial institutions established in the municipality. As main results, it was found that rural producers have an age group profile mostly of thirty years, predominantly male and most have incomplete elementary education; the credits taken are in the PRONAF Costing modality. Also according to the interviewees, the main factors restricting access to PRONAF are related to property documentation, lack of guarantees, internal rating (historical) and the availability of resources. On the other hand, the regularization of property documentation, improvement of the internal rating and increase of the resources made available are some actions that could favor access to PRONAF credit.