CREDIT COOPERATIVES AND RURAL CREDIT

significant aspects for the socioeconomic development of small rural producers

Abstract

Credit cooperatives have shown considerable growth over time and are considered an agribusiness enterprise. One of the great characteristics of these institutions is that they bring advantageous financial aspects, especially to rural producers. Based on the principle of offering the best portfolio of services and financing facilities for their rural activities to their members, the small farmer credit cooperative needs to have efficient management in order to meet the needs of its members and satisfy their expectations. The cooperative movement has the obligation to seek what the market has to offer in relation to new technologies and the best credit options, within the needs of its members, in this case, small rural producers. The objective of this research is to identify how much the credit cooperative promotes and allows opportunities for these rural producers to develop economically and sustainably. The methodology used was a Literature Review. Through this study, it was possible to conclude that although credit cooperatives are highly relevant for promoting the socioeconomic development of rural producers, there are still difficulties to be overcome, such as bureaucracy and lack of information regarding credit and development cooperatives.