O PAPEL DAS COOPERATIVAS NO CRÉDITO RURAL

The document examines how credit cooperatives in Brazil serve as an efficient tool for financial inclusion, particularly for small rural producers. It highlights that while overall rural credit declined by 14% between 2013/2014 and 2018/2019, cooperative credit grew by 51.3%, increasing its market share from 11% to 17.5%. The brief explains that cooperatives reduce transaction costs and information asymmetry due to their proximity to producers. Geographically, cooperative presence is strongest in the South, Midwest, and Southeast regions, while it remains scarce in the North and Northeast. The analysis also details the interbank relationship where commercial banks use cooperatives to meet mandatory rural credit application requirements. Finally, it outlines the tax and regulatory advantages cooperatives hold over traditional banks, such as exemptions from Income Tax and CSLL on cooperative acts.

• Credit cooperatives experienced significant growth during a period of general economic decline in rural financing. Between the 2013/2014 and 2018/2019 agricultural years, cooperative credit saw a real increase of 51.3%, rising to R$ 33 billion, which expanded its aggregate market share from 11% to 17.5%.
• Cooperatives facilitate financial inclusion for smaller producers by reducing transaction costs and information asymmetry. Because producers are often members of the cooperative, the institutions have better access to documentation and can monitor behaviors, which mitigates default risks.
• There is a stark regional disparity in the distribution of cooperative credit in Brazil. In the states of Rio Grande do Sul, Paraná, and Espírito Santo, cooperatives distribute between 25% and 35% of the total credit volume, whereas in all Northeast states, cooperative credit represents less than 5% of the total volume.
• Commercial banks, particularly private ones, utilize credit cooperatives as a channel to fulfill regulatory requirements to direct a percentage of deposits and rural savings toward rural credit at controlled rates.
• Cooperatives focus more heavily on 'custeio' (operational costs) than other financial institutions. In the 2018/19 agricultural year, 72% of cooperative loans were for custeio, compared to 59% for public banks and 43% for private banks.
• Cooperatives enjoy specific tax and regulatory advantages over traditional banks. They are exempt from Income Tax and the Social Contribution on Net Profit (CSLL) for cooperative acts. Additionally, they are not subject to compulsory deposits, meaning they are not forced to allocate a portion of demand deposits to rural credit.

APA

Assunção, J., Costa, D. R. D. M., & Souza, P. (2020). O PAPEL DAS COOPERATIVAS NO CRÉDITO RURAL. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2020/07/PB-O-Papel-das-Cooperativas-no-Credito-Rural.pdf

Chicago

Assunção, Juliano, Davi Rogério de Moura Costa, and Priscila Souza. O PAPEL DAS COOPERATIVAS NO CRÉDITO RURAL. Climate Policy Initiative, 2020. https://www.climatepolicyinitiative.org/wp-content/uploads/2020/07/PB-O-Papel-das-Cooperativas-no-Credito-Rural.pdf.

Wikipedia

{{cite report |last1=Assunção |first1=Juliano |last2=Costa |first2=Davi Rogério de Moura |last3=Souza |first3=Priscila |title=O PAPEL DAS COOPERATIVAS NO CRÉDITO RURAL |publisher=Climate Policy Initiative |date=July 2020 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2020/07/PB-O-Papel-das-Cooperativas-no-Credito-Rural.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{assuno2020papel, author = {Assunção, Juliano and Costa, Davi Rogério de Moura and Souza, Priscila}, title = {{O PAPEL DAS COOPERATIVAS NO CRÉDITO RURAL}}, institution = {Climate Policy Initiative}, year = {2020}, month = jul, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2020/07/PB-O-Papel-das-Cooperativas-no-Credito-Rural.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }