Special Microcredit Line

This credit line aims to boost micro-entrepreneurship activities, sustainable financing for self-employment, youth entrepreneurship, and women's empowerment, with the financial agent being Banco Interatlântico.

Eligibility:

The following are considered eligible investments:

a) Financing for treasury support;
b) Financing for production factors;
c) Financing for investment;

Note: Only projects that demonstrate or are expected to generate the ability to repay by the borrowers are eligible.

Financing Conditions:

a) Amount of each Operation: The maximum amount for each operation is 550,000 CVE;
b) Term: The maximum repayment term for the financing is 5 years (corresponding to 60 months), which may include a maximum capital grace period of up to six months, depending on the credit risk assessment by Banco Interatlântico;
c) Interest Rate: The interest rate applied to credit operations is 4.5% per year, fixed for a maximum term of 60 months;
d) Guarantees: Banco Interatlântico requires clients to sign a blank promissory note, with a fill-in agreement;
e) Client: Borrowers must become clients of Banco Interatlântico, if they are not already, in order to be eligible for financing under this protocol.