Rural credit cooperatives in spain (1890‐1935): a good start was not enough

Abstract

The spread of agrarian credit cooperativism in Spain (1890‐1934) was done under a variety of ideological and economic orientations. This article focuses on the construction of a few tools and indicators to explain the characteristics of agricultural credit cooperatives. An analysis of financial operations of rural savings banks is related with socio‐political aspects that influenced their development; this analysis helps us to explain the relative success of German credit cooperative models adopted in the context of Spanish agriculture, as happened on European periphery.Agrarian credit cooperativism, rural savings banks, denominational movement.