What is Bolsa Familia loan?

Bolsa Família loan is a special initiative developed for beneficiaries of the Bolsa Familia Social Program.

This mode of oriented productive microcredit, offered by the Progress program , aims to support small entrepreneurs and complement the family income of those who receive.

Thus, unlike a conventional loan, Bolsa Familia loan is a line of credit specifically directed to participants in the Bolsa Familia program.

Who can apply for Bolsa Familia loan?

Access to Bolsa Família loan is restricted to active beneficiaries of the Bolsa Familia program.

Therefore, to be entitled to this credit line, it is necessary to be registered and regularly participate in Bolsa Familia, and is registered in the Cadastro Único (CadÚnico).

Therefore, this condition is fundamental, as this loan is an initiative aimed at the participants of this income transfer program.

Thus, access to credit is directed to those who are already part of the country's social assistance system.

Necessary documents

To request the loan of Bolsa Familia, the beneficiaries will need to submit some basic documents, such as:

• Photo ID (RG, CNH, etc.);
• Registration of Individuals (CPF);
• Proof of updated residence;
• Last paychecks or income statement.

This documentation is fundamental to prove the eligibility of the applicant and provide the necessary information for credit analysis and loan grant.

Participating financial institutions

Although Caixa Econômica Federal is the main institution responsible for the administration of Bolsa Familia, other financial institutions, such as Banco do Brasil, Santander and Bradesco, can also offer the loan of Bolsa Familia.

Thus, the beneficiary of Bolsa Familia may have the opportunity to apply for loan at various financial institutions, increasing their credit access options.

Loan values ​​and conditions

The Bolsa Familia loan is limited to 40% of the benefit amount received by the participant.

Thus, this restriction aims to prevent the loan from excessively compromising family income, allowing resources to be applied productively.

The other conditions, such as interest, payment terms and specific requirements, are defined by the participating financial institutions themselves.

How to request?

More information must be waited for the Bolsa Familia loan request process.

However, it is expected that this request is possible with the cashier, the main income transfer application.