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 COVID-19  Brazil Project #47741

Fund for small business in response to Covid-19

by Associacao Saude Crianca
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Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19
Fund for small business in response to Covid-19

Summary

The Fund aims at strengthening up to 700 nano and micro businesses at the favelas and the outskirts of Rio de Janeiro, Brazil, as a way to mitigate the economic impacts caused by Covid-19. Each entrepreneur will receive seed money (between US$ 190 and US$ 665) to pay for supplies, equipment, and Internet access. All investments will be subsided by a one-year training and mentorship program created by Saude Crianca, Asplande and other Ashoka fellows and the Federal University of Rio de Janeiro.

$500,650
total goal
$497,305
remaining
43
donors
1
monthly donor
3
months

Challenge

The economic impacts of the Covid-19 andemic are already being felt and tend to worsen, according to studies published by the press. Those in more vulnerable conditions -the targets of this project- will be most affected. Seeking ways for people in social vulnerability to generate income is essential to ensure their independence both during the pandemic and after it is over.

Solution

This project will provide seed money for up to 500 nano and micro entrepreneurs who are facing economic challenges as a consequence of Covid-19. This money will enable them to buy supplies, equipment, and Internet access. At the same time, the entrepreneurs will go through a tailored-made training and mentorship process which will enable them to gain skills for growing the business and be sustainable in the long run.

Long-Term Impact

The project will enable 700 nano and micro entrepreneurs from the favelas of Rio de Janeiro to grow their business, built resilience towards economic hardships and recover from the economic impacts of the Covid-19 pandemic. .

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

http:/​/​www.saudecrianca.org.br
Saude Crianca institutional webpage
Ashoka Brasil institutional webpage
Asplande institutional webpage
Federal University of RJ institutional webpage

Organization Information

Associacao Saude Crianca

Location: Rio de Janeiro, RJ - Brazil
Website:
Facebook: Facebook Page
Twitter: @saudecrianca
Project Leader:
Mirella Domenich
Rio de Janeiro, RJ Brazil
$3,345 raised of $500,650 goal
 
48 donations
$497,305 to go
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