can say more of the subject, the truth is that it was very little information and encouragement to handle cases there. Stripped of their land to farmers is the equivalent of taking vehicles to carriers. This is a brief note. LAND AUCTION
working
distorted by misinformation
The land auction was one of the flags of agricultural strike and news in some quarters. The truth is that the problem has always been there and now affects a relatively small number farmers (as Conveagro are 1.200 those legal problems.) It is also true that until now the solutions have primarily benefited larger farmers, although the state has forgiven debts to small (1). Therefore, we can say that in the case of auctions of land, there has been a tendentious use of spirits and figures, providing a clear example of misinformation in the sector.
Importantly, agricultural loans have grown 20% since October 2007, and were more than 72,000 customers in the financial system, with a portfolio that exceeded S/.1, 900 million (2). The fact that over 98% of farmers to honor their debts, according to official figures, is a factor that has contributed to the growth of the placements in the sector. So, is it appropriate to write off more debts or refinance?
banks need to face two situations appropriately. The first is to differentiate between the debtors, who have an interest in paying for those who do not, because there are people who want to pay and makes commitments to do so, but there are also people who are waiting for action for release from its duties in According to Agrobanco, 94% of their arrears are "dishonest." That is, banks must separate the wheat from the chaff. But a second issue that deserves careful treatment is precisely the auction of land since in some cases there is interest in using the auction as an easy means for the appropriation of land. This is compounded when the risks of climate and constant prices, the agro-create unpayable debt in the short term. We must be watchful.
(1) On 5/12/2006, Congress passed the "Law Debt Sanitation Revolving Funds Program and former National Livestock Development Fund (EX FONAFOG)."
(2) Information reported by the SBS (www.sbs.gob.pe) to 31/10/2007 .
