With no defined interest, the credit will use the FGO as collateral and will require six months of operation and a minimum number of deliveries to release the financing
President Luiz Inácio Lula da Silva launches this Friday (12) a new credit program of the federal government, the Move Entregadores e Motos Apps, created to help delivery app workers to buy or change motorcycles. Under the program, each worker will be able to finance a new motorcycle for up to R$ 20 thousand, paying off the remaining debt in up to 48 monthly installments. The government will allocate at least R$ 2.5 billion to the initiative and also foresees discounts negotiated with manufacturers. The launch takes place at 11 am, at the Planalto Palace.
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Move Entregadores is an expansion of a previous program, Move Apps, launched in May this year. Aimed at app drivers and taxi drivers, that first program set aside R$ 30 billion — twelve times more than the amount now foreseen for motorcycles — to finance cars of up to R$ 150 thousand, in up to 72 installments and with interest of up to 1.01% per month.
In the case of motorcycles, the interest rate has not yet been announced. To make it lower, the government will use the Operations Guarantee Fund (FGO), a public fund that works as a kind of guarantor: if the worker fails to pay, he covers part of the bank’s loss. With less risk, banks tend to charge lower interest rates.
To access credit, the worker will need to prove that he has been working for at least six months on delivery platforms, such as iFood, and that he has completed a minimum number of deliveries in this period.
The program is launched in an election year and targets a large group of voters. According to the IBGE, in 2024 Brazil had about 1.7 million app workers, of which approximately 500 thousand were delivery workers. Most are men between 25 and 39 years old, residents of the Southeast Region – precisely the portion of the population in which Lula registers the highest rejection rates, both in the evaluation of the government and in the electoral polls. Therefore, the initiative is seen as a strategic way to bring this category closer to the government.
