Vastos cafezais e grandes dívidas: Crédito hipotecário na formação da economia cafeeira em ribeirão preto (1876-1914)

Abstract

The great coffee production structure built in Ribeirão Preto in the late nineteenth century and early twentieth had the support of mortgage loans. Large share of the coffee plantations was mortgaged in this period. The mortgaged amounts exceeded the municipality’s real estate transactions. Large farmers or agricultural companies held significant debts, based on kinship networks or the same nationality. Despite the importance of foreign capital through banks and export houses, the largest share of mortgaged values was in the hands of people and companies from São Paulo.