Trailblazing Credit Program Provides Financing for Microentrepreneurs in Brazil

Peer Reviewed icon Peer Reviewed
Date issued
January 2013
Subject
Financial Inclusion;
Small Business Financing
Country
Brazil
Category
Catalogs and Brochures
Banco de Desenvolvimento de Minas Gerais (BDMG) is the development bank of the state of Minas Gerais, Brazil. BDMG will offer the new credit product "Acredita" or "Believe" to high potential microenterprises and individual micro entrepreneurs from the base of the pyramid (BOP) that have recently formalized their company and officially started doing business.