Bolsa Familia Program


Direct translation is "Family Allowance", Bolsa Familia Program is a part of Brazilian governmental welfare program Fome Zero (Zero Hunger) launched by President Luiz InĂ¡cio Lula da Silva (Brazilian President 2003-2011). Bolsa Familia provides financial aid to low-income Brazilian families under the condition that their children attend school and are vaccinated. It is currently the largest conditional cash transfer program in the world.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Noninsured plans

Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio