Caixa Econômica Federal releases microcredit of up to $192.00

Caixa Econômica Federal will offer microcredit as a support to Brazilians after the emergency aid ends this month. The amount will be R$10 billion ($1.9 bn) and will also serve as a growth strategy for the institution in the coming years. According to Caixa, the goal is for about 10 million Brazilian entrepreneurs to benefit from small loans of up to R$1,000 ($192.00).

Source: Jornal Contabil