Find out what Bolsa Família Microcredit is

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Understand what Bolsa Família Microcredit is

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For those who are already part of the Bolsa Família program and are in need of money, a loan is available through “Bolsa Família microcredit” or “Microcrédito Progredir” which aims to facilitate lines of credit for low-income citizens through the Federal Government.

It can be requested by those who are microentrepreneurs and are also part of the Progress program.

O Microcredit acts as a way to help increase income and maintain small businesses and even self-employed workers. To apply, you must meet certain requirements. Look!

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Some of the requirements are to have an income of less than R$ 170.00 per person in the family. You must also have an active registration with Single Registration to prove that you receive aid. If there are young people and children in the family, they need to be enrolled in public schools.

It is also necessary to register with the Individual Microentrepreneur (MEI), to prove that you have a micro-company or that you work independently. This registration can be done through the Entrepreneur Portal.

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How to apply for Bolsa Família Microcredit?

If you meet the prerequisites stated, simply request a loan on the Microcredit Progress.

If the person meets the prerequisites mentioned above, simply request a loan on the Microcrédito Progredir website. To do this, register by clicking on “New register”, then you need to inform your CPF and state.

Then, confirm your details and complete your registration. Remembering that a credit analysis will be carried out to check whether it is possible to apply for a loan in your name. The average loan amount is from R$ 3 thousand to R$ 15 thousand.

Bolsa Família Microcredit interest rates

Fees are charged through the Microcredit Progress, they may vary according to the user's profile, the amount to be borrowed and the number of installments to be paid.

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For more information visit the website of Progress Program.


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