What is CRA? — Agribusiness Receivables Certificate

Definition of CRA

CRA (Agribusiness Receivables Certificate) is a fixed income security backed by agricultural sector receivables. It is a modality of agribusiness crowdfunding that allows investors to finance the Brazilian agricultural chain with security and attractive returns.

Advantages of Investing in CRA

• IR exemption for individuals: The CRA is exempt from Income Tax for individuals.
• Predictable return: Fixed rates or rates linked to market indices.
• Strategic sector: Agribusiness is one of the pillars of the Brazilian economy.
• High global demand: Brazil is one of the largest exporters of agricultural commodities in the world.

Risks of CRA

• Climate Risk: Droughts, frosts and other weather adversities can affect production.
• Price Risk: Variations in agricultural commodity prices.
• Credit Risk: The debtor may not honor payments.