The federal government launched this Monday (22) the ambitious Believe Program, with the promise of injecting vigor into the national economic scenario, focusing especially on supporting individual micro-entrepreneurs and small businesses. The initiative aims to release up to R$30 billion in credit, marking a significant step in the search for economic development and job creation.
1. Believe credit: learn about the new government program
The Believe Program unfolds into four main axes. The first, called Believe in the First Stepis aimed at microcredits for members of the Single Registry for Social Programs of the Federal Government (CadÚnico). The second axis, called Believe in Your Businessencompasses initiatives such as Desenrola, a debt renegotiation scheme aimed at micro and small companies, as well as a specific credit program for these businesses.
2. What are the expected impacts of the program?
- Predominantly financed by Operations Guarantee Fund (FGO)the implementation of the Believe Program promises a minimal impact on the federal budget, focusing more on tax waivers, that is, amounts that the government will no longer collect.
- For 2025, a fiscal impact of R$18 million is expected, reducing to R$3 million in 2026 and no impact expected for 2027.
3. Unwinds small business and other credit measures
- Develops Small Businesses: Focused on renegotiating debts of MEIs and micro-enterprises, with renegotiated Pronampe debts being accounted for as presumed credit.
- ProCred 360 Line: Targeted at MEIs and micro-enterprises with revenues of up to R$360 thousand, with Selic interest plus 5% per year.
- Discount at Peac: 20% reduction in the Warranty Grant Charge for companies with revenues of up to R$300 million per year.
4. CadÚnico: program believes credit
- The Believe in First Step program offers credit at reduced rates to people enrolled in the Single Registry (CadÚnico) looking to start or expand their business.
- The Operations Guarantee Fund (FGO), with an initial contribution of R$1 billion, half of which in 2024, was created to ensure operations.
- The partner banks of the National Oriented Productive Microcredit Program (PNMPO) will provide credit lines, with coverage of up to 100% of the operation and a limit of R$80,000.
- At least half of the resources will be directed to women entrepreneurs.
5. Believe MEI:
- The program provides lines of credit with interest rates competitive for MEIs, MPEs and the possibility of renegotiating debts linked to Pronampe.
6. Program accredits real estate credit:
- It aims to increase liquidity and access to financing in the real estate sector, facilitating the purchase of properties.
7. Eco Invest Brasil:
- It guarantees exchange rate protection to encourage investments in environmentally sustainable projects.
8. Beyond credit: focus on sustainability and the real estate market
As part of the Believe Program, the Eco Invest Brasil, aiming to attract international investments for sustainable projects in the country. Additionally, the program includes efforts to strengthen the secondary real estate credit market, with the Asset Management Company (Emgea) playing a central role in securitization aimed at reinvigorating this sector.
In summary, the Believe Program proposes itself as a catalyst for both economic dynamization and sustainable innovation, paving the way for a more integrated development that is aware of contemporary socioeconomic and environmental realities.
