CAIXA launches BRL 1,000 AID via app: see who can apply

The Federal Savings Bankl provides financial assistance to Brazilians through its digital microcredit simplification program for entrepreneurs, SIM Digital. This is a micro-credit, intended to serve individuals and small entrepreneurs (MEIs).

According to information from the foundation, the new assistance of R$1,000 through microcredit is benefiting millions of workers. The show began at the end of the first quarter of this year.

Amounts to be allocated to the microlending program amount to R$3 billion, extracted from the Lending Compensation Fund (FGTS). The implementing agency is the Microfinance Guarantee Fund (FGM) of Caixa.

New help worth R$1,000 via CAIXA

First of all, it should be noted that Brazilians can count on two options, depending on which one suits them. a look:

• singly. This method will allow access to a balance of up to 1000 BRL. The interest rate will be 1.95% per month, and the loan can be divided into 24 months. It should be noted that even those who are passive can get the program loan;
• Legal Entities. Here the individual micro-entrepreneurs (MEIs) benefit. The issued balance for this group can be up to R$3,000. The amount of the premiums is the same as that specified for individuals, 24 months and with a slightly higher interest than the first group: 1.99%. Also in the case of MEIs, only entrepreneurs with an annual gross income of R$ 360 thousand will be able to participate in the microcredit program.

How to request assistance of up to 1000 BRL in CAIXA?

For individuals, microcredit can be requested via mobile, through Caixa Tem. Anyone who wants to rent the service can do this automatically, however, analyzing the release should take an average of one week.

However, in the case of legal entities entitled to microcredit, i.e. MEIs, contracting can take place at the physical branches of Caixa.

I am negative, can I apply for the benefit?

Citizens with dirty names can apply for a small loan of R$1,000 or R$3,000. You will have access to loans including those with a bad (negative) name at credit analysis institutions, such as Serasa and SPC Brasil.

How to use Caixa Team?

After downloading the application, the user must perform the registration update in Caixa Tem. For this, the application asks the user to scan the ID document, send a “selfie” and report the monthly income.

In the case of MEI, credit must be requested at agencies. To be hired, a citizen must have an account with Caixa, have more than 12 months of billing as MEI and provide proof of residence, personal and company documents.

How to apply?

Interested citizens can apply for a small loan through the application square hisWith just a few clicks on your cell phone. Just update the app and request the service. The contracted amount must fall into the digital savings account within 7 business days.

See the step-by-step guide on how to employ microcredit through Site From the box below:

1. access the Caixa website through a browser;
2. Then click on “Account Access”; or
3. Click “Register”, if you do not have access;
4. Read the terms and conditions and click “I agree”;
5. Now, enter your full name, your phone number CPF and your date of birth
6. Once done, click Continue;
7. Fill in your Caixa account details, such as branch, account type, account number and card password;
8. Finally, register your login and password and click “Confirm”.