President of BB says there are currently more than R$ 210 billion to lend to these entrepreneurs

The president of Banco do Brasil (BB), Fausto de Andrade Ribeiro, revealed that the financial institution will make another R$ 6 billion in loans available to Brazilian micro and small entrepreneurs.

“We will announce R$ 6 billion in Fampe (Micro and Small Business Guarantee Fund),” he said during a ceremony at the Planalto Palace to announce new measures of the Credit Brazil Entrepreneur program.

Ribeiro said that the BB currently has more than R$210 billion to lend to micro and small businesses.

Original Story:  Valor Globo | Estevão Taiar, Fabio Murakawa 
Photo: Banco do Brasil website
Edition & Translation: Prime Yield