2025.07.09
On June 23, the Japan International Cooperation Agency （JICA） signed a loan agreement with the Brazilian Development （BNDES）Bank of the Federative Republic of Brazil at JICA headquarters in Japan, to provide Japanese ODA loan for "COVID-19 Crisis Response Emergency Support Loan." The project outline is explained below.
Signing ceremony
Terms and Amount of Loan
- Country
（
Target Areas
）
Federative Republic of Brazil
- Project Objective
The objective of the Project is to maintain the provision of services of the health and medical sector and to maintain the employment and corporate activities of Micro, Small and Medium Enterprises (MSMEs) by providing support to medical institutions, medical manufacturers and MSMEs through financing to BNDES, thereby contributing to stabilization of socio economy in Brazil.
- Project Component
A) Loans through BNDES to medical institutions and medical manufacturers (for working capital, procurement of hospital beds, equipment, etc.)
B) Loans through intermediary financial institutions certified by BNDES for MSMEs (for capital investment, maintenance and creation of employment, and working capital to ensure the continuation of business activities)
- Maximum Loan Amount
30,000 million Yen
- Annual
Interest Rate
0.01％
- Repayment Period
15 years
- Grace Period
4 years
- Procurement
No procurement needed for the two-step loan.
- Executing Agency
Brazilian Development Bank (BNDES)
- Contribution to SDGs
Goal 3 (Good health and well-being)
Goal 8 (Decent work and economic growth)
- Planned Implementation Schedule
The completion of disbursement is considered as the completion of the Project (April 2026).
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