Motofrete: learn how to request credit of up to R$21,000 for couriers

According to data from the Institute for Applied Economic Research (Ipea), released on May 10, 2022, Brazil has 1.5 million drivers who act as product deliverers and private drivers. Rio de Janeiro concentrates around 188,046 of them. To stimulate the activity, the Development Agency of Rio de Janeiro (AgeRio) created a line of credit for couriers motorcyclists who work via delivery application. Know more.

Read more: Senate foresees expansion of IPVA exemption for motorcycles

Learn more about MotoFrete special credit

Motofrete microcredit is a line of credit aimed at motorcyclists who are accredited and operate in delivery applications. It is a local program, that is, aimed at motorcyclists in the State of Rio de Janeiro. Read below for more information about the program:

What can I use the credit for?

Microcredit can be used for the purchase and maintenance of a motorcycle for work purposes, in addition to the purchase of equipment necessary for work, such as:

• Trunk;
• baggage handler;
• Helmet;
• Vest;
• Delivery backpack.

What are the conditions given by the program?

The financing has a ceiling of R$21,000, in addition to a payment period of up to 24 months and an interest rate of 0.25% per month (ie, 3% per year).

What are the criteria for applying for the benefit?

The interested motorcyclist can act in a formal or informal way (that is, he can be hired directly by an establishment or deliver to delivery apps, such as iFood, by example). However, he cannot be enrolled in defaulters records, such as SPC / Serasa.

In addition to these criteria, you must have a guarantor (guarantor) who also has a clean name OR form a group of solidarity guarantee, that is, forming a group of between three and ten motorcyclists to apply for credit together. Among the advantages of this second option, the best is that you do not need to prove income.

How to apply for the benefit?

1. Enter the AgeRio website and fill out the financing request.
2. Wait for the analysis period and, if approved, one of AgeRio's employees will contact you to request the documentation.
3. After submitting the documents, you will receive the contract and must sign it. In a few days at most, the money will be in your account.

What documents does AgeRio require?

For motorcyclists, RG and CPF, proof of entrepreneurial activity, CNPJ (if any), proof of residence with a maximum of 90 days of issue, bank receipt and authorization for consultation at BACEN, required and issued by AgeRio.

For the guarantor, RG and CPF, updated proof of residence and income, authorization for consultation at BACEN and a copy of the spouse's RG and CPF, if any, are requested.