Brazil’s Computer for All Program Has Already Lent US$ 16 Million

To promote digital inclusion by facilitating computer purchases and reducing the price tag, the Brazilian federal government launched the Connected Citizen-Computers for All program last November.

Three months later, the project is already operating through four credit lines set up by the National Economic and Social Development Bank (BNDES).

Cláudio Leal, head of the Indirect Operations department at the BNDES, thinks that the total amount of loans approved so far – US$ 16 million – represents a good initial result. The budget provides for up to US$ 140 million.

According to Leal, the financing provided by the BNDES is used by retail chains to buy computers from the manufacturers and then offer them to consumers for lower prices and on easier payment terms.

Besides the BNDES, the Banco do Brasil and the Caixa Econômica (Federal Savings Bank) are participating in the Computers for All program. The latter two institutions provide financing for their individual account holders to acquire computers.

The Computers for All program stipulates a basic equipment configuration using the Linux operating system. The intention is to promote digital inclusion.

ABr

Tags:

You May Also Like

An Arab Helpful Hand to Brazilian Deserts

During the international seminar about the semiarid and water resources, which took place in ...

Land Reform Hailed in Brazil as Key for Development

The FAO (UN’s Food and Agriculture Organization) secretary general, Jaques Diuf, declared that land ...

Brazil Has Already Exported 25% More than in 2004

Through the first week of April, Brazil’s exports in 2005 totaled US$ 25.039 billion. ...

Less Interest and More Jobs Contribute to 9.5% Retail Sales Growth in Brazil

Brazilian retail sales increased by 9.5% from January until September when compared with the ...

Foreign Investment Grows in Brazil But Decline Is Expected in 2009

The amount of foreign direct investment (FDI) entering Brazil remains high this year. According ...

Bush: Guilty Number One in WTO Talks Collapse. Brazil Commended.

As Director General of the World Trade Organization (WTO) Pascal Lamy failed to break ...

Brazil’s Petrobras Profit Is Up, But Its Stocks Go Down

Brazilian and Latin American stocks weakened on profit taking, this Monday, after Brazilian, Mexican ...

Export area of Cumbica Airport in São Paulo, Brazil

For All Its WTO Haggling Brazil Will Get US$ 160 Million… in Loss.

Although official estimates of developing country benefits of the current world trade talks are ...

RAPIDINHAS

Sex The  Brazilian  Touch After all, the Bobbit episode does have its Brazilian connection. ...

Alas, in Brazil, the Greener Times Seem to Be in the Past

Contradiction festers in Rio de Janeiro as international fervor surrounding June’s lackluster Rio +20 ...