Unemployment reached 12.6% in the three months from November to January.
Bank loan books for car loans continued to shrink in January on weak internal demand, while the use of credit cards saw a slowdown of its own.
Lending contracted both compared to the previous month and year-on-year.
The major microfinance lender failed to shine in the final quarter of 2016 as provisions and lawsuits added to expenses, hurting the bank's bottom line.
The investment will help expand access to affordable capital in Brazil as the secured loans Creditas offers have significantly lower interest rates than unsecured loans, said IFC in a press release.
The initiative will provide grants to finance regional public goods (RPGs) that are produced collectively by a minimum of three IDB borrowing-member countries, said IDB in a press release.
The outlook remains negative, reflecting the one-in-three chances that S&P could lower the ratings over the next 12 months, said the ratings agency in a press release.
The industrial activity index declined for the 12th consecutive month in January.