Brazil · Credit & Mobility
Key Facts
—R$30 billion ($5.9 billion) credit line. President Lula signed an emergency decree opening subsidized car loans for ride-hail drivers and taxi operators, branded Move Aplicativos.
—Rates below the benchmark. Financing is offered under the policy rate, with the development bank channeling funds through accredited lenders.
—About 1.4 million drivers eligible. Apps must show a driver held an active account for at least 12 months and ran a minimum of 100 trips; taxis must be registered and tax-compliant.
