Advertisements
Last Monday, the 22nd, the government announced the Desenrola Program, an initiative aimed at renegotiating the debts of individual microentrepreneurs (MEIs), microenterprises, and small businesses.
This program aims to facilitate access to credit and provide more favorable conditions for companies with annual gross revenue of up to R$4.8 million.
Desenrola Program: Simplified Renegotiation
Called the “Desenrola” program for small businesses, it will be launched with the aim of simplifying the renegotiation of bank debts.
It will operate through an online platform, similar to the Desenrola for individuals which has already renegotiated more than R$50 billion in debt for 14 million indebted people.
As a result, small businesses are expected to gain access to interest rates below those charged in the market and attractive discounts.
Target Audience
The target audience for Desenrola is individual microentrepreneurs (MEIs), microenterprises, and small businesses facing financial difficulties.
According to data from Serasa According to Experian, approximately 6.3 million micro and small businesses were in default in January 2024. The program presents an opportunity for these entrepreneurs to regularize their financial situation.
Grace Period and FGO Guarantee
The Minister of Micro and Small Enterprises, Márcio França, announced that companies joining “Desenrola” will have a grace period of up to six months, that is, an initial period without installment payments.
In addition, the negotiations will have the guarantee of the Operations Guarantee Fund (FGO), which will ensure payment of the debt to creditors, even if the negotiated installments are not paid.
Acredita Program: Stimulating Credit and Microcredit
In addition to Desenrola, the government launched the Acredita Program, focused on stimulating credit for entrepreneurship and small businesses. The measures include:
Microcredit for Low-Income Individuals
The microcredit program, carried out through FGO-Desenrola, will have a source of R$ 500 million in funds for investments in 2024.
This initiative aims to provide credit to people registered with the Single Registry (CadÚnico), which contains data on 95.7 million low-income Brazilians.
This program also focuses especially on extending credit to women, who often face difficulties accessing financing.
ProdCred 360: Specific Credit Line
The government also announced ProdCred 360, a credit line intended for MEIs and microenterprises with annual revenue limited to R$ 360 thousand.
Under this arrangement, the interest rate will be the Selic rate (10.75% per year, currently), plus 5% per year. This measure aims to offer more advantageous conditions for these small businesses to invest and grow.
Expansion of FAMPE
As part of the credit stimulus package, Sebrae will expand credit lines under the Guarantee Fund for Micro and Small Businesses (FAMPE).
Over the next three years, FAMPE intends to enable an additional R$ 30 billion in credit. With net assets of R$ 2 billion, the fund will be leveraged for new operations, boosting access to credit for these entrepreneurs.
Image: Federal Government Press Release
