Brazil Boosts Credit Access of Microentrepreneurs with IDB Aid

    The Inter-American Development Bank is lending Brazil USD10 million to scale up lending activities for microentrepreneurs in the food services sector in Sao Paulo, Brazil. The loan will support the credit program of wholesale distributor Tenda Atacado, Ltda. for street vendors, small food shops and other small grocery suppliers. The program seeks to help food microentrepreneurs purchase appliances, equipment, carts, counters and other assets. 

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.