CMN Resolution No. 5,293 - Special Conditions for Working Capital Financing for Agro-Pastoral Cooperatives under Pronaf

Resolution No. 5,293

The current text of the MCR can be found at the following electronic address:
www3.bcb.gov.br/mcr.

CMN RESOLUTION NO. 5,293, OF APRIL 23, 2026

Defines special conditions for working capital financing destined for agro-pastoral cooperatives within the scope of the National Program for Strengthening Family Agriculture – Pronaf.

The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the Monetary National Council, in a session held on April 23, 2026, in accordance with Arts. 4, main text , item VI, of Law No. 4,595, of December 31, 1964, 4 and 14 of Law No. 4,829, of November 5, 1965, and 3, § 3, of Law No. 11,326, of July 24, 2006,

R E S O L V E S:

Art. 1 The Section 18 (Transitional Norms) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the Rural Credit Manual – MCR shall enter into force with the following alterations:

“16 - Working capital financing under the protection of Section 6 (Investment Credit for Income Aggregation – Pronaf Agroindustry) of this Chapter is admitted, until June 30, 2026, observing the general conditions of Pronaf and the following special conditions:

a) beneficiaries: agro-pastoral production cooperatives of family agriculture, as defined in MCR 10-6-3, that:

I - have as main activities the processing, industrialization, and marketing of milk;

II - demonstrate difficulty in paying, in 2026, part of the value of their short-term debts; and

III - are participating in the National Program for Support to the Qualification of Management of Family Agriculture Enterprises – Mais Gestão, instituted by Ordinance MDA No. 26, of August 10, 2023, or in the National Program for Strengthening Cooperativism, Associativism, and Solidarity Enterprises of Family Agriculture – Programa Coopera Mais Brasil, instituted by Decree No. 12,088, of July 3, 2024, through a declaration to be provided by the Ministry of Agrarian Development and Family Agriculture – MDA;

b) repayment: up to 6 (six) years, including up to 12 (twelve) months of grace period;

c) credit limit: up to R$40,000,000.00 (forty million reais) per cooperative, considering all operations contracted in one or more financial institutions, observing the limit of R$90,000.00 (ninety thousand reais) per associate with active CAF (Cadastro Agrícola Familiar) and classified under Pronaf, listed in the Legal CAF of the cooperative, regardless of the limits established in Table 2.4 – Investment Credit – Pronaf Agroindustry (MCR 10-6) of MCR 7-6;

d) financial charges: 8% (eight percent) per year, to be charged, including, during the grace period; and

e) source of resources and remuneration of the financial institution: exclusively equalized resources, as defined in an ordinance of the Ministry of Finance.” (NR)

Art. 2 This Resolution enters into force on May 1, 2026.

GABRIEL MURICCA GALÍPOLO
President of the Central Bank of Brazil