Tag: Favela Bank Brazil

Brazil´s 10 Largest Favelas Join to Open “Favela Bank” Offering Micro Loans, Debit Cards

Latin America News -
RIO DE JANEIRO, BRAZIL - The economic toll of the coronavirus pandemic has hit especially hard in Brazil's favelas, but the country's 10 biggest favela communities now have a plan to fight back: they are launching their own bank. Dubbed...
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