[ad_1]
In order to provide emergency aid, Caixa Econômica Federal intends to make available to those who had been receiving the benefit loans with special interest rates, granted by the federal government as a way to mitigate the economic impacts of the new coronavirus pandemic.
The information on the credit release was reaffirmed by the president of Caixa, Pedro Guimarães, in a video posted on the bank’s YouTube. “After the pandemic, these Brazilians will have access to credit at much lower rates than before,” he revealed.
Guimarães also said that Caixa created the “largest digital bank” in Latin America, with 105 million accounts, which allowed 35 million Brazilians to become bank employees. The digital account was created to facilitate the transfer of the benefit, the value of which can be used by the Caixa Tem application.
On another occasion, the bank’s president had already said that Caixa should make R $ 10 billion available to 10 million microentrepreneurs. The loans would have a value of R $ 1,000, with a payment term of three to five years, in addition to lower interest than those practiced in the market.
“Microcredit was a project we were working on even before the pandemic. But the discussion we had internally was that it would not be economically possible and profitable to carry out credit operations of R $ 100 or R $ 200 using our branch base, nor the lottery players “, said Pedro Guimarães, adding:” The only way was through an application, which we end up developing now. So the question of the solution via digital accounts accelerated the main project that we had in Caixa in years ”.
In total, 67.7 million Brazilians were covered by the Federal Government’s emergency aid program. According to Guimarães, of the 48 million beneficiaries who do not participate in Bolsa Família, 33 million were not Caixa clients.
In order to pay for emergency aid, Caixa intends to keep digital accounts active, including other services, including microcredit.
“These people, before, when they needed money, they took it out in loan sharks or financial institutions, with interest of up to 20% per month. After the pandemic, we will launch a large microcredit program, using this digital account, and we will place it for a small fraction of what was charged to these people. It will be something very different ”, concluded the president of Caixa.
