@article{Mizik:303728,
      recid = {303728},
      author = {Mizik, Tamas},
      title = {Bonusz Agro Cooperative: loan options},
      journal = {International Food and Agribusiness Management Review},
      address = {2020-05},
      number = {1030-2020-1049},
      year = {2020},
      abstract = {Cooperation of producers is essential in agricultural  production. The producer group is the official organization  of the European arable sector. The Bonusz Agro producer  group was established in 2015, and its legal form is  cooperative. They use cooperative principles such as the  democratic decision-making process ‘one member – one vote’  principle for both significant and insignificant decisions,  unlike some other cooperatives. The management of the  cooperative is considering investing in a new industrial  site. This new site will be for cleaning/drying the  produce, and storing it in a new storage facility, among  other things. The company currently lacks sufficient  financial resources to make this investment possible. One  of the obstacles to obtaining the necessary finances is the  lack of collateral the organization has control over. This  case study examines the investment decision. The main focus  is on how the organization can enlist the contribution of  all members. The most delicate part of the decision-making  dilemma is that all members would have to offer some of  their own assets as collateral. These assets would be part  of their agricultural land, which is necessary to obtain  the required external financial resources from banks.},
      url = {http://ageconsearch.umn.edu/record/303728},
      doi = {https://doi.org/10.22004/ag.econ.303728},
}