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Apply for a loan from Banco do Povo

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This credit limit gives a profit of R$ 200,000 to R$ 20,000 with an interest rate of approximately 0.35% per month.

In addition, the applicant has 90 days to pay the fees and, above all, can pay them in up to 36 installments.

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, the coronavirus has affected the lives of millions of Brazilians.

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The numerous scams in the economic crisis and the high unemployment rate in the country. Due to the spread of the virus, many people are unable to pay their bills.

Among those affected, one of the groups most affected by Covid-19 was the informal group. This is mainly due to the social isolation practiced 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!

Banco do Povo. Credit line for ordinary people

As mentioned above, this line of credit aims to help informal and rural workers through this difficult phase of the coronavirus. Of course, small business owners can only apply for this loan in the municipality where their business is located, subject to proof.

This credit limit gives a profit of R$ 200,000 to R$ 20,000 with an interest rate of approximately 0.35% per month. In addition, the applicant has 90 days to pay the installments and, above all, can spread them over up to 36 times.

What are the conditions for applying for this line of credit?

In order to accept a loan application, the following requirements must be met:

Be Brazilian by birth or naturalized;

Over 18s.

In the case of illiterate and disabled people who are unable to sign the contract, it is necessary to grant Banco do Povo a power of attorney authorizing a third party to sign the contract.

In the case of blind and visually impaired people, the contract can only be signed after it has been read by two witnesses who are over 18 or independent.

Are you looking for more loan options?

Sebrae and Caixa grant loans to small and institutional businesses. Click here or on the button below for more information!

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-19 has damaged the lives of thousands of Brazilians. 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.

Banco do Povo with credit line for informal workers

As mentioned above, this line of credit aims to help informal and rural workers through this difficult phase of the coronavirus. Of course, small business owners can only apply for this loan in the municipality where their business is located, subject to proof.

This credit limit gives a profit of R$ 200,000 to R$ 20,000 with an interest rate of approximately 0.35% per month.

In addition, the applicant has 90 days to pay the installments and, above all, can spread them out over up to 36 installments.

What are the conditions for applying for this line of credit?

In order to accept a loan application, the following requirements must be met:

be Brazilian by birth or naturalized;

Over 18s.

In the case of illiterate and disabled people who are unable to sign the contract, it is necessary to grant Banco do Povo a power of attorney authorizing a third party to sign the contract.

In the case of blind and visually impaired people, the contract can only be signed after it has been read by two witnesses who are over 18 or independent.

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.

*Research source: https://www.desenvolvimentoeconomico.sp.gov.br/programas/banco-do-povo-paulista/

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