President Luiz Inácio Lula da Silva signed Medida Provisória 1.3832/2026 to expand credit for small businesses and informal workers [1].
The measure aims to broaden access to affordable financing for micro-entrepreneurs and those in the informal economy. By lowering the barriers to credit, the federal government seeks to stimulate economic activity across Brazil ahead of the upcoming electoral period [2].
According to the official text published in an extra edition of the Diário Oficial da União on Saturday, June 1, 2026, the government has authorized up to R$ 2.75 billion for guarantee funds [1]. These funds are designed to mitigate risk for lenders, encouraging them to provide loans to smaller entities that typically lack traditional collateral.
A central component of the package is the strengthening of the Desenrola Adimplentes program. This initiative specifically targets workers who have kept their payments up to date, offering them a monthly interest rate of 1.99% [3]. The program allows for the combination of public and private credit to increase the total available liquidity for borrowers.
Under the new rules, the government is facilitating the use of the Fundo de Garantia do Tempo de Serviço (FGTS) in private payroll-deductible loans. This shift allows workers to leverage their severance funds to secure better terms on credit, bridging the gap between formal employment benefits and the needs of informal business operators [3].
While the measure was officially signed in June [1], the government presented the new phase of the program to the public on June 29 [4]. The expansion focuses on providing a safety net for those who have demonstrated financial reliability, but still struggle to access the formal banking system [4].
“The government has authorized up to R$ 2.75 billion for guarantee funds.”
This policy represents a strategic effort to inject liquidity into the lower tiers of the Brazilian economy by leveraging state guarantees to lower private sector risk. By targeting 'adimplentes' — those with a history of on-time payments — the government is attempting to reward financial discipline while expanding the reach of the Desenrola program beyond debt renegotiation into proactive growth capital.
