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Brazil economy boom lifts slum life with new homes and credit
In Sao Paulo and the Heliopolis slum, Brazilians gain access to loans and credit that fuel home purchases and consumer buying. Families move from renting to owning, with small loans and cheaper terms driving mortgage-like payments. experts debate long term benefits and risks of sustained growth.
MENTIONED IN THIS ARTICLE
Paulo
Brazil
Maria “Nazare de Souza
Heliopolis
de Souza
Souza
United States
Sion
Latin America
Silva
Nuno Camera
Dresdner Kleinwort Investment Banking
Germany
Dresdner Bank AG
Salvador Rodrigues
General Motors Corp
Robson Augusto
Marcelo Medeiros
U.N
Brasilia
Fernando Rodrigues