BNDES Approves R$30 Million Credit for Chilli Beans to Support 235 Franchisees, Create 700 Jobs by 2029

The Brazilian Development Bank (BNDES) has approved a credit line of 30 million reais to Chilli Beans, aimed at providing working capital to 235 franchisees. This financial support is expected to facilitate the expansion of Chilli Beans and its franchise network, with the potential to generate up to 700 jobs by 2029. The initiative is part of BNDES's broader efforts to promote the growth of micro, small, and medium-sized enterprises in Brazil. Additionally, BNDES has launched calls for proposals to strengthen the peripheral regions in the North and Northeast of the country.