The Minas Gerais Development Bank (BDMG) announced that it will extend the special financing conditions for its credit line for micro and small companies led by women.
The credit is intended to minimize the economic effects caused by the pandemic of the new coronavirus, the conditions will remain in effect until June 30th.
Credit from Minas Gerais can be accessed by women with a female equity interest equal to or greater than 50% of the share capital for at least six months. On the line, called Empreendedoras de Minas, the grace period has doubled from three to six months and the financing can be paid in up to 48 fixed installments.
“These more accessible conditions reinforce BDMG's commitment to support female entrepreneurship in Minas Gerais at this time of challenges caused by the pandemic”, says the president of BDMG, Sérgio Gusmão.
BDMG provides special credit conditions for female entrepreneurs until June 30th.
The bank extended the initial interest rate of 0,8% per month for micro and small companies led by women.
Source: Examination
