Caixa allows $1.2 bn in credit to micro-companies

The volume of credit granted by Caixa to micro-enterprises totalled R$6.3 billion ($1.2 bn) during the coronavirus. In May alone, the volume loaned to the segment more than doubled in relation to the same month of 2019. Last month, Caixa loaned R$2.464 billion ($465 mm) to micro-enterprises, an increase of 111% in relation to the R$1.164 million ($219 k) loaned in May of last year.

Source: Agencia Brasil