sitawi

Sitawi's mission is to develop financial infrastructure for the social sector in Brazil. We believe that adequate funding and effective counseling strengthen social organizations and increase their impact on the causes and beneficiaries. In the long run, the more resources - in volume and forms - available to the social sector, the more encouragement social leaders have to develop more innovative and sustainable models with greater impact. And sooner we will build a better country.

sitawi
Rua Maria Quiteria n. 121
Apt 402
Rio de Janeiro, RJ 22.410-040
Brazil
+55-21-22471136
http://www.sitawi.net/

CEO

Leonardo Letelier

Management Team

Rob Packer, Eduardo Leao

Board of Directors

Robin D Packer,Leonardo N Letelier Pimstein

Project Leaders

sitawi .

Mission

Sitawi's mission is to develop financial infrastructure for the social sector in Brazil. We believe that adequate funding and effective counseling strengthen social organizations and increase their impact on the causes and beneficiaries. In the long run, the more resources - in volume and forms - available to the social sector, the more encouragement social leaders have to develop more innovative and sustainable models with greater impact. And sooner we will build a better country.

Programs

Sitawi, Brazil's first Social Fund's, it's a nonprofit that provides loans between US$50,000 to US$250,000 including strategic advice at rates similar to the local base rate. Its clients are nonprofits or for-profits that have a social impact mission. Donations to the fund are 100% allocated towards loans. Once these are repaid, the resources are recycled into new loans and the social impact is multiplied.

Statistics on sitawi

Financial Statistics

  • Annual Budget for 2010: $155,000
  • Maximum Annual Budget: $155,000
  • Other funding sources: individual donors; corporations; income generating projects
  • Religious Affiliation: none
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