O financiamento hipotecário da cafeicultura no vale do paraíba paulista (1865-87)

Abstract

This paper analyzes the importance of mortgage credit for the growth of the coffee econorrry in the Paraiba valley region, using as documentary sources three mortgage books from the localities of Guaratingueta and Lorena. The paper shows how the traditional credit practices gave way to banking ones after the mortgage law of 1864/65. Nevertheless, only a small percentage of the population benefited from the new form of financing, with the wealthier ones enjoying the best credit facilities.