BMG Bank’s Marcio Alaor Is Honored By His Hometown

The country of Brazil is divided into 26 states and within those states there are a number of small towns, villages, and big cities. The people of Brazil live an interesting lifestyle. They have learned to cope with economic ups and downs, political corruption and isolationism through the years, and the people of Brazil have gotten stronger because of those challenges. Brazilians have learned to help each other in the good times and the bad, and there is no better example of how that works than Marcio Alaor the Vice-President and Director of one of the most successful banks in Brazil, BMG Bank.
Mr. Alaor is a well-respected financial leader in Brazil these days. But Alaor, like many other successful business leaders, started as a poverty-stricken victim of a corrupt government. But Alaor pulled himself out of the flames of poverty and became a leader. Alaor’s hometown recognized his leadership by naming a food court in a newly developed exhibition center in his name. The San Antonio community of Mount in the state of Minas Gerais named “Food Court Alaor Marcio Araujo” after Alaor not because he was a successful banker but because he helped the people of the community in so many other ways.
Mayor Luís Antônio Resende thanked Alaor for dedicating his life to his hometown. The mayor said the people will always remember Alaor when they visit the “Food Court Alaor Marcio Araujo” in the old converted warehouse that is now a modern exhibition center that displays and sells products from the city and from other areas of Brazil.
Marcio Alaor was humbled by the tribute. Alaor helps the city because he wants to help the place that gave him a start in life. Many of the people living in Santo Antonio do Monte remember Alaor for not only volunteering for projects that brought change to the city, but for also offering the people “payroll loans” that helped them survive during harsh recessions and the devastating inflation that eats away the disposable income of the citizens of Santo Antonio do Monte and all middle-class citizens.
Consignment credit has become a major factor in small cities like Santo Antonio do Monte. Alaor and BMG Bank President Ricardo Guimarães have made it their personal mission to help as many people as possible by granting payroll loans to people that are employed. But Alaor doesn’t always put the bank’s needs in front of the needs of the people. The christening of the food court verified Alaor’s commitment to the people of Santo Antonio do Monte.

Categories: Banks,BMG