Banco do Nordeste Announces R$ 1.6 Billion Investment in the Acredita No Primeiro Passo Program to Support Small Businesses, With Reduced Interest Rates and Focus on Income and Job Creation

Written by Fabio Lucas Carvalho

Published on 29/04/2025 at 09:48

Updated on 29/04/2025 at 10:21

Foto: Reprodução

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Funding for the Acredita no Primeiro Passo Program Increases to R$ 1.6 Billion, Focusing on Entrepreneurship in the Northeast.

The Bank of the Northeast (BNB) announced that it will allocate R$ 1.6 billion to the Acredita no Primeiro Passo Program in 2025.

The information was disclosed by the institution’s president, Paulo Câmara, during an event held last Friday at Costa do Sauípe, on the coast of Bahia.

Increased Support for Entrepreneurship

The initiative, created by the Ministry of Development and Social Assistance, Family and Hunger Combat (MDS), offers microcredit to families registered in the Unified Registry.

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Higher Volume of Operations

Currently, the Bank of the Northeast is the main financial agent of the program. By February 2025, the bank had already executed over 86 thousand contracts, moving R$ 720.8 million in credit operations.

This performance confirms the institution’s central role in strengthening the initiative.

During the event, the Secretary of Socioeconomic Inclusion of the MDS, Luiz Carlos Everton, highlighted the importance of the announced increase.

He celebrated the expansion as a progress to support small entrepreneurs.

Credit for Those Who Need It Most

According to Paulo Câmara, the Acredita no Primeiro Passo was designed to offer real opportunities to beneficiaries of social programs. “The program seeks to provide credit to those who need it most, generate income and jobs, and boost the growth of the Northeast,” he stated.

Banco do Nordeste Announces R$ 1.6 Billion Investment in the Acredita No Primeiro Passo Program to Support Small Businesses, With Reduced Interest Rates and Focus on Income and Job Creation

Funding for the Acredita no Primeiro Passo Program Increases to R$ 1.6 Billion, Focusing on Entrepreneurship in the Northeast.

Increased Support for Entrepreneurship

Higher Volume of Operations

Credit for Those Who Need It Most

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Banco do Nordeste Announces R$ 1.6 Billion Investment in the Acredita No Primeiro Passo Program to Support Small Businesses, With Reduced Interest Rates and Focus on Income and Job Creation

Funding for the Acredita no Primeiro Passo Program Increases to R$ 1.6 Billion, Focusing on Entrepreneurship in the Northeast.

Increased Support for Entrepreneurship

Higher Volume of Operations

Credit for Those Who Need It Most

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After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

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