One dream leads to another. Anybody who enters a house for the first time and sees everything brand new and shining, simply dreams of filling it with beautiful things. The federal government launched the My Better House program in June 2013 to ensure fulfillment of this second dream, the.
My Better House is a CEF line of credit targeted at My House, My Life beneficiaries. Each family that is current with its house payments can finance the purchase of furniture and appliances (bed, table, stove, refrigerator, microwave, digital television and tablet computer, among others) at interest rates subsidized by the federal government, of 5% per year.
The success has been so great that in just one year, 592,000 families injected no less than R$ 2.9 billion into the country's economy. That is: in addition to more comfort for the beneficiaries, the My Better House program helps heat up the industry and trade sectors.
