Lower-interest credit for micro-entrepreneurs moves $1.3 mm in Brazil

A partnership between the National Confederation of Industry (CNI) and the Caixa made it viable to sign 35 contracts worth a total of R$ 7 million ($1.3 mm), with the support for micro and small entrepreneurs throughout the country. Among the benefits, the financing lines made it possible to reduce interest by up to 28% and a grace period of up to 60 months for payment.

Source: Valor Investe