The purpose of this work is to analyse social, economical and environmental impacts of the
financing granted to craft fishermen from municipal district of Bragança, Pará, with resources
of North Constitutional Fund — FNO. In Bragança, the fishing activity is the principal source
of the municipal district economy, represented by industrial and craft fishing, however, the
craft capture is more significant. Taking into consideration the economical and social
importance of this category, it’s necessary to guarantee its social reproduction, through
actions that allow to it to face challenges of the sea, and provide necessary ways to a condign
life. The area in study is located in the north Brazilian coast, in reentrances of Pará and
Maranhão, characterized by hot climate (monthly average of 26ºC) and vegetation dominated
by swamp area covered with mangroves, representing about 53% of the total area in the
country. The field work was developed through survey of informations with the financier
agent: BASA — Amazonian Bank. Then, it was interviewed 38 of the 192 financed
fishermen. A semi-structured questionnaire was used, toward to gather informations about
socioeconomic profile, fishing features, fishing production, time of activity, as well as theirs
opinions in relation to the financing that they had accomplished. It was observed that: i) the
financed fishermen visualized the credit with help her condition but that didn't correspond to
their expectations; ii) several associations of fishermen were created more by the need of
obtaining of the credit than for the organization of the category; iii) they increased his
production capacity with the obtaining of the motorized embarkation, however such didn't
mean an increase in the medium term family income; iv) the number of embarkations
increased, but it didn't cart a maintainable increase in the fishing production. It follows that
this financing had their limits, which took to the failure, in relation to the objectives of FNO,
as fund of local and regional development. That limits were: the elaboration of projects
without effective participation of fishermen; absence of technical and continuous support; low
schooling and little organization and political participation of the fishermen.
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