Brazil's $5.9 Billion Plan Helps 1.4 Million Drivers Buy New Cars
3 Articles
3 Articles
Brazil's $5.9 Billion Plan Helps 1.4 Million Drivers Buy New Cars
Brazil · Credit & Mobility Key Facts —R$30 billion ($5.9 billion) credit line. President Lula signed an emergency decree opening subsidized car loans for ride-hail drivers and taxi operators, branded Move Aplicativos. —Rates below the benchmark. Financing is offered under the policy rate, with the development bank channeling funds through accredited lenders. —About 1.4 million […] The post Brazil’s $5.9 Billion Plan Helps 1.4 Million Drivers Buy…
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Program provides up to R$ 30 billion in interest-reduced credit for taxi drivers and application drivers to buy new vehicles.
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