When there aren’t sufficient assets to use as collateral for bank financing, producers are registering their crops in the "Registro de Garantías Mobiliarias" (Movable Collateral Registry - RGM).
Prensalibre.com reports that "Of the 400 entries of movable items from January to November in the RGM, at the Ministry of Economy (Mineco), more than 150 correspond to crops of gold and pergamine coffee.”'
The coffee bean with a nutty flavor from the Acatenango Valley, in Chimaltenango, is the first in Guatemala to be recognized by the Industrial Property Registry.
In order to formalize the process of certification for the declaration of origin, the three producers from the Acatenango Valley gathered in the "Association of Coffee Producers Designation of Origin Acatenango".
Among the various forms of cheating, the most common is the legal form called "material and ideological falsehood," which occurs by performing a public document partially or completely false. In these operations attorneys as well as civilians participate.
According to prensalibre.com, "micro, medium and small business will be able to access credit and property at the registry as a guarantee for banks and other financial entities, such as agricultural equipment, harvest, merchandise inventory, certificates, computers, and other property.
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