Peru: Agrobanco granted more than 498 million soles to 61,993 farmers as of September

Published 2021년 10월 4일

Tridge summary

From January to September of this year, Agrobanco provided 61,993 small farmers with timely loans totaling 498.3 million, with 62% of the disbursements made through the Direct Financing Program of the Agroperú Fund. The regions with the highest loan disbursement were Puno, Huánuco, and San Martín, and agricultural products received 71.3% of the total financing, with cocoa receiving the largest share. Small farmers have shown good payment compliance, making amortizations of 176.8 million soles in 2021. In September, Agrobanco disbursed 73.4 million soles in loans, a 32% increase from the previous record, benefiting 8,181 small farmers. From August 2011 to August 2021, Agrobanco also provided 20,377 small cocoa farmers with loans totaling 245.5 million soles.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From January to September of this year, Agrobanco served 61,993 small agricultural producers in the country with timely loans amounting to 498.3 million, reported the specialized state bank. 62% of the disbursements were made through the Direct Financing Program of the Agroperú Fund, he said. During this period, the regions that registered the highest disbursement in loans were: Puno (11.5%), Huánuco (7.7%), San Martín (7.3%), Arequipa (6.9%), Junín (6.9%), Cajamarca (6.7%) ), Ayacucho (5.9%), Cusco (5.5%), Piura (4.7%) and Áncash (4.2%), he specified. Agricultural products represented 71.3% of the total financing granted by Agrobanco to small producers, he said. The agricultural products with the highest disbursement were: cocoa (16.6%), potato (16.2%), coffee (13.6%), corn (9.3%), avocado (8.1%), rice (7%), citrus (2.8%), quinoa (2.5%), olive (2.2%) and mango (2.2%), he detailed. The remaining 28.7% of the disbursement made was for livestock production, the products with the ...

Source: AgroForumPeru