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Bunge announces millions in credit to Brazilian agribusiness

By Artur Piva

Bunge announced an initiative to provide US$500 million in credit for Brazilian agribusiness.

On Monday, July 29, the global giant in the agricultural industry launched Fincrop - a fintech focused on loans for rural producers.

Bunge's new venture will mediate the relationship between credit market agents and Brazilian agribusiness.

The company was born offering products and digital tools to improve the risk assessment of loans to rural producers.

The strategy is to use the relationship history that the agricultural giant has with 12 thousand producers in Brazil.

Thus, the national resellers "will be able to manage . . .

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