Brazil Injects R$ 2.75 Billion into Pronampe Funds

What Is the Government Injecting R$ 2.75 Billion Into?

Brazil's federal government has issued a Provisional Measure (MP) via an extra edition of the Official Gazette, authorizing the Union to inject a total of R$ 2.75 billion into two guarantee funds that underpin credit and debt-renegotiation programs for small businesses.

How Is the Money Split Between the Two Funds?

Of the total amount, R$ 2 billion goes to the FGI (Fundo Garantidor para Investimento), which backs financing under the Pronampe program. The remaining R$ 750 million flows into the FGO (Fundo Garantidor de Operações), which also supports Pronampe lending targeted at micro and small enterprises.

What Is Pronampe and Who Does It Serve?

Pronampe — the Emergency Credit Access Program — was created in 2020 to provide affordable financing to individual micro-entrepreneurs (MEIs), micro-enterprises and small businesses. By boosting the guarantee funds, the government can extend the program's reach to more companies that might otherwise lack collateral.

What Changes for Desenrola Brasil?

The Provisional Measure also allows financial institutions authorized to operate the Desenrola Adimplentes scheme to combine their own resources with Union funds, making more credit operations viable under that program. Additionally, President Lula's decree extends the deadline for financial-education actions adopted by banks under Novo Desenrola Brasil. Finance Minister Dario Durigan confirmed the program, launched in May and originally set to close on August 3, will now run until August 31.