Micro-credit programme could reach 20 million low-income workers

The micro-credit programme that the government intends to launch as one of the alternatives after the end of the emergency aid could benefit some 20 million low-income workers. Caixa is expected to enter R$10 billion ($1.85 bn) to finance the new line of credit, which could reach R$25 billion ($4.6bn). The average value of the operations is expected to be around R$1,000 ($185.00).

Source: Isto E