Brazil to Sell 7 Million Popular Computers. Only 17% of Homes Have One

Brazzil Magazine covers

Brazil’s National Economic and Social Development Bank (BNDES) announced Monday, February 13, its approval of the first direct transaction involving computer purchases as part of the Connected Citizen program.

The BNDES is lending a total of US$ 13.8 million for the Magazine Luiza S.A. department store chain to buy at least 22,000  microcomputers for resale on easy terms.

The government’s digital exclusion map shows that 55% of the Brazilian population has never used a computer and that computers are present in only 16.6% of Brazilian households.

The BNDES had already approved an earlier, US$ 2.1 million loan to the Pão de Açúcar ("Sugarloaf"), Americanas.com, and TV Sky-Shoptime groups, which also plan to facilitate computer purchases.

According to the BNDES press office, 7 million computers are expected to be sold in the next three years. 5 million of them will be for low-income Brazilian families, while the rest will go to micro, small, and medium-size firms. The computers will be sold at a cash price not exceeding US$ 648.

The Connected Citizen program, created by the federal government in 2005, is designed to foster digital inclusion by giving the low-income population greater access to information technology and the Internet at a lower cost.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Brazil’s Central Bank Projecting 4.8% Growth for Country

The Central Bank of Brazil is maintaining its growth forecast for the Gross Domestic ...

Brazzil Magazine covers

Brazil Arrests Brasília’s Governor and Federal Intervention Is a Possibility

Brazilian police arrested on Thursday a key opposition party governor on bribery charges, potentially ...

Brazzil Magazine covers

In Rio, 95% of Favelas Are Controlled by Drug Lords and Police-Connected Thugs

Postcard-pretty Rio, in Brazil, is pockmarked with favelas (slums). More than a thousand of ...

Brazzil Magazine covers

New Chief of Brazil’s Petrobras, Born in Favela, Picked Up Recyclables in Trash as a Kid

Brazil’s state-controlled oil and gas multinational Petrobras, the sixth most profitable company in the ...

Brazzil Magazine covers

Brazil Rebuffs Argentina and Sliding Export Taxes Are Abandoned

The sliding export taxes rule, which applied to grains and oilseeds, triggered a 100-day ...

Brazzil Magazine covers

Brazil’s Lula Confesses Venial Sins and Hides Mortal Ones

At his first press conference since becoming president, Brazilian President Lula admitted that his ...