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Law No. 13.636 creating the National Programme for Productive-Oriented Microcredit (PNMPO).

Country/Territory
Brazil
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Credit Financial agricultural measures Agricultural development Rural employment
Geographical area
Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic
Entry into force notes
This Law enters into force on the day of its publication.
Abstract

This Law, consisting of 9 articles, creates the National Programme for Productive-Oriented Microcredit (PNMPO). Within the scope of the Ministry of Labour, the National Programme for Productive-Oriented Microcredit is set up to support and finance productive activities of entrepreneurs, mainly through the provision of resources for targeted productive microcredit. The beneficiaries of PNMPO are natural and juridical persons entrepreneurs of urban and rural productive activities, presented individually or collectively. The gross annual income for the beneficiaries of the PNMPO (defined in paragraph 1) is limited to the amount of R $ 200,000.00.

Full text
Portuguese
Website
www.planalto.gov.br