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Brazil favelas launch bank amid economic hit of pandemic Issued on: 4 min Sao Paulo (AFP) The economic toll of the coronavirus pandemic has hit especially hard in Brazil s favelas, but the country s 10 biggest slums now have a plan to fight back: they are launching their own bank. Dubbed the G10 Bank, the new financial institution is set to open later this month, offering micro-loans to small business owners struggling to survive the pandemic and debit cards to slum-dwellers excluded from the traditional banking system. Brazil has the second-highest death toll worldwide in the pandemic, after the United States, with more than 225,000 people killed.

Sao pauloUnited statesMinas geraisElizandra cerqueiraJair bolsonaroGilson rodriguesSouth americanBistro mains de marieCelia da costa gomesஸ்ம் பாலொஒன்றுபட்டது மாநிலங்களில்மினாஸ் கெரைச்ஜெயர் போல்சனாரோகில்சன் ரோட்ரிகஸ்தெற்கு அமெரிக்கன்பிஸ்ட்ரோ மெயின்கள் டி மேரி