The National Bank for Economic and Social Development (BNDES) reported on Wednesday (16) that approved a credit of $ 30 million for the expansion of the business of the company Chilli Beans, a retailer that sells sunglasses, and its franchisees.
According to the Bank of Development, the resources aim to finance the working capital.
The credit provides for the company’s transfers to micro, small and medium companies in its production chain, but not belonging to the group.
“With the credit limit, the company will be able to pass on funds to about 235 franchisees operating in various regions of the country. The goal is to provide financial support so that these small entrepreneurs can invest in their business, make improvements and even expand operations.
It is estimated that this action can generate up to 700 new jobs by 2029, ”said BNDES, in a press release.
