If you're a casual worker, Banco do Povo offers loans from R$ 200 to R$ 20 thousand. Find out more about what this company has to offer.
As we all know, Covid has affected the lives of millions of Brazilians, impacting on their financial health. The many impacts include the economic crisis and the country's high unemployment rate.
Due to the spread of the virus, many people are unable to pay their bills. As a result, Banco do Povo has a credit limit of between R$ 200 and R$20 thousand.
With interest of 0.35% per month.
What's more, the customer has 90 days to start paying the installments and, above all, they can start again in up to 36 installments.
What are the conditions for applying for this line of credit?
For your loan application to be approved, you must meet the following requirements:
Be Brazilian by birth or naturalized;
Be over 18.
Among those affected, one of the groups most affected by Covid-19 has been the informal group. Mainly because of the isolation practiced both in Brazil and around the world.
With this in mind, Banco do Povo, founded by the São Paulo state government, has created a special line of credit for informal workers affected by Covid-19. Better understanding!
Want to ask questions about this line of credit at Banco do Povo?
If you would like to make an inquiry or even request this credit limit, simply call the customer service channels (11) 3241-7133 or (11) 98370-9775 or access the bank's website by clicking here.
Finally, you can also go to the bank's physical address - Rua Boa Vista, 170, São Paulo - SP. Zip code: 01014-000 - open Monday to Friday from 9am to 4pm.
*Search source: https://www.bancodopovo.sp.gov.br/
