Recife, PE opens doors to small business growth with Cred Pop lending program

Recife, PE Cred Pop Small Business Lending Program

Cred Pop offers up to 3,000 Brazilian reais per recipient repayable in 12 installments. The program prioritizes often-overlooked groups of entrepreneurs including black residents and residents with disabilities. Each Cred Pop line of credit charges 0.99% interest and offers a four-month grace period for each payment. Recife will issue up to 10,000 lines of credit per year and pay the final installment for lines that complete the previous 11 payments.

RP

Recife, PE

Municipality in Pernambuco

Brazil