Credit line Progress, aimed at entrepreneurs benefiting from the Family scholarship and not having income to invest in the business itself, it has expedited approval and lower interest rates than those applied in other modalities. The program aims to empower individual microentrepreneurs (MAY) in situations of poverty and extreme poverty to open or strengthen companies that help their families increase their income. Microenterprises that produce handicrafts, cakes, snacks, and that offer electrical services are examples of businesses supported by the program. See what are the prerequisites to apply for the loan:

Being over 18 years;
Be an individual micro-entrepreneur (MEI);
Not having predetermined restrictions in agencies such as Serasa and the Central Credit Protection Service (SCPC);
Have inscription in the Unique Registry (CadÚnico) and Bolsa Família;
Have an account open at Caixa Econômica Federal;
Make a registration in the Program Progredir.

It is worth mentioning that the entire amount obtained through this type of microcredit must go to the business. This means that the money cannot be used for other purposes, such as buying personal items and paying debts, for example.

Another observation is that, as the main objective of the program is to increase the income of families, if the company develops and manages to stay alone, the micro-entrepreneur must request his voluntary withdrawal with Bolsa Família. However, if the company goes bankrupt, the owner of the company has the right to reapply for the receipt of the monthly benefit.

Also read: Can all beneficiaries apply for a Bolsa Família loan of up to R $ 15 thousand?

Step by Step

Fulfilling the necessary prerequisites to apply for the Bolsa Família loan, the first step that the entrepreneur must take when applying is to make sure that their registration as MEI and National Registry of Legal Persons (CNPJ) are regularized. If you still do not have the registration, you must start the process of opening the microenterprise through the Entrepreneur Portal and pay all the forms of the National Simple Collection Document (DAS), to formalize the business.

Then, it is necessary to ensure that the applicant is registered in the Unique Registry (CadÚnico), the department in charge of registering and requesting the social programs of the Federal Government. After that, just sign up for the Progredir program. In this step, you will be asked for some personal information, such as name, CPF, age and address. The data will be sent to the bank for analysis, which will finally determine the conditions and amounts available for each case.

Available values

The amounts available to microentrepreneurs through the Progredir program can vary between R $ 300 to R $ 15 thousand, but it is the responsibility of the banks that grant credit to determine the interest rates, limits and payment terms for each case. To avoid indebtedness, it is up to the applicant to carefully analyze all the credit proposals received: each bank has its own credit and, consequently, variable interest rates.

Also read: Fintech offers microcredit of up to R $ 25 thousand to MEI; Find out who is entitled

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See how the loan of up to R $ 15 thousand

The money obtained through the credit line must be used exclusively in micro-businesses.

Step by Step

Available values

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