Law No. 13.636 creating the National Programme for Productive-Oriented Microcredit (PNMPO).
Country
Type of law
Legislation
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.
Attached files
Web site
Date of text
Entry into force notes
This Law enters into force on the day of its publication.
Notes
This Law repeals provisions of Law No. 11.110 of 25 April 2005 and Law No. 10.735 of 11 September 2003.
Repealed
No
Source language
English
Legislation Amendment
No
Original title
Lei n. 13.636 - Dispõe sobre o Programa Nacional de Microcrédito Produtivo Orientado (PNMPO).