Brazil Offers Low-Interest Motorcycle Credit for Delivery and App Drivers, Electric Bikes Included

Surprisingly generous that ride-hailing app drivers are covered by the credit too.

Feels like a very Brazil-style policy push, given how delivery demand has been growing the motorcycle market there.

Would like clarity on whether this is part of the same Move Brasil push or a separate program.

Loan interest rates are a make-or-break issue for gig workers, so lower rates are a genuinely welcome move.

They say low interest, but without the actual rate figure it's hard to judge if it's really a good deal.

Including electric bikes in the credit program should also help push Brazil's shift toward electrification.