The economy in Brazil has grown rapidly over the past few years. During this time, a lot of people have started to invest in various business ideas. It is still difficult to get a business loan in Brazil. Some banks are not willing to lend to people who do not have a large amount of wealth.
The agriculture industry is essential to the overall economy. Although fewer people work in the industry each year, technology is helping increase production at farms. Brazil is known for producing some of the most popular crops in the world.
Bradesco is one of the most influential banks in Brazil. While Luiz Carlos Trabuco Cappi was leading the company as CEO, he decided to develop an agriculture lending program to help farmers. This is a program that has had massive success. Not only does the program help increase sales at Bradesco, but agriculture loans are a huge benefit to farmers across the country.
Starting a Farm
Some people dream of starting a farm. Starting a farm requires a ton of initial capital. Not only do farmers have to purchase land, but they also have to purchase equipment for the farm.
There are many people who simply want to own a small farm on their land to produce food. This is a great way to supplement a person’s income each month. The new lending program at Bradesco is perfect for these people. Getting a loan for this purpose is now a quick process. There is even an online lending option that customers can choose.
Starting a larger farm takes much more time and money. However, once a farm is running smoothly, it can be a great business to own. Farmers have to be committed to running their business the right way. One bad year can wipe out a farm if the weather prevents a solid crop from developing. Farmers need to have a stable financial position at all times in order to reduce the financial risk of default.
Read more on economia.estadao.com.br
Demand For Crops
Some of the crops in Brazil are increasing in value. For example, more people eat avocados than ever before. There are farmers in Brazil who are trying to grow more avocados. However, the farmers simply cannot keep up with the demand from customers. In these situations, an agriculture loan could help in several ways. A farmer could purchase a larger area of land in order to plan more avocado trees. Farmers could also invest in more efficient equipment to help workers with the farming process.
As the economy in Brazil continues to develop, many people will leave the agriculture industry to work in other industries. However, becoming a farmer is still a great way to make money. There are many people who are interested in starting a farm. A lack of capital is one of the biggest issues facing potential farmers. The new agriculture lending program at Bradesco is an excellent way for people to get the loans they need to start a farm.
The agriculture lending program was a great decision by Luiz Carlos Trabuco Cappi while he was at Bradesco. Luiz Carlos Trabuco Cappi left Bradesco in order to pursue other opportunities.
Luiz Carlos Trabuco Cappi started as a clerk in the first branch of Bradesco Bank in small town of Marillia. He studied bachelor of psychology in University of Sao Paolo. He becomes the marketing director, Vice President and president of Bradesco and its different subsidiaries due to his hardwork and dedication.
Find more about Luiz Carlos Tarbuco Cappi: http://insiders.morningstar.com/trading/executive-profile.action?t=BBD&PersonId=PS00003Y11&flag=Director®ion=USA&culture=en_US