IDB disburses $750 mm to BNDES for loans to SME’s in Brazil

The BNDES reported that the Inter-American Development Bank (IDB) disburses a loan of $750 million, equivalent to R$4 billion, to the bank. The funds will be offered in financing to small and medium-sized companies in Brazil. The funds will make financing possible for more than 20,000 entrepreneurs, who will be able to access the funds through the lines available at BNDES.

Source: Valor Investe