Jalisco's corn producers from the Cienega province are locked in a cycle of low profitability. The corn producers have been affected by the lack of access to adequate financial intermediaries such as banks. The cycle of low profitability contributes towards a low quality of life and a lack of competitiveness. Hence, farmers have not been able to adjust to the fierce competition from the US producers. A lack of trustworthy collateral is a major problem in order to get access to credits. The grain receipts system (GRS) provides a method of collateralizing crops for access to credits. With the...