Feb 27 • 18:35 UTC 🇧🇷 Brazil G1 (PT)

Palmeirais receives 55 paved streets and R$ 100,000 in credit for producers

The municipality of Palmeirais in Piauí, Brazil, has inaugurated the paving of 55 streets and announced R$ 100,000 in credit for local entrepreneurs and farmers.

In a recent announcement on Friday, the government of Piauí revealed that the municipality of Palmeirais has been the beneficiary of a significant infrastructure upgrade, featuring the inauguration of 55 streets paved with cobblestones. This initiative aims to enhance urban and rural mobility in the area, positively impacting both residents and local businesses. Alongside the street improvements, the government has also allocated over R$ 100,000 in credit specifically tailored for small entrepreneurs and rural producers in the region.

The funding is set to support 13 micro-entrepreneurs and three rural producers, allowing them to expand their operations in various sectors, including poultry farming, fish farming, and sheep farming. The credit scheme is managed in collaboration with the Piauí Development and Promotion Agency (Badespi), which plays a crucial role in facilitating access to financial resources for small-scale agricultural and business activities, further stimulating the local economy and fostering community growth.

During the inauguration ceremony, Governor Rafael Fonteles emphasized Badespi's vital role as a transformative agent in the region. He pointed out that this agency serves as a complement to existing financial institutions, such as the Banco do Nordeste, by providing essential credit access for locals. Such initiatives signal the government's commitment to rural development and infrastructure improvement, with the potential to enhance the quality of life for the residents of Palmeirais while promoting sustainable economic growth.

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