You give 2, SITAWI lends 20, we change 2,000 lives

by sitawi
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives
You give 2, SITAWI lends 20, we change 2,000 lives

Ten years ago, SITAWI was born. No one was talking about "Impact Investing" or "Finance for Good," but that was - and still is - our reason for existing. We were three people, a single "product" (but not a single “Real” in the organization's account), a diversity of causes to impact, and many social organizations and impact businesses to support.

Today the term Impact Investment is part of the traditional financial market dialogue. We are now 34 people, with a spectrum of ways to operate philanthropic capital and make financial capital more responsible. We mobilized more than R$ 14 million with a high multiplication factor - each R$ 1 consumed internally in our operations allowed us to allocate R$ 5.30 in impact - through the support of more than 100 individuals and companies, most of which we have been working with for several years.

And the numbers go further. Our philanthropic and social and environmental revolving funds have supported more than 50 organizations, reaching more than 250,000 people in all regions of the country. With our support, billions of Reais have added a lens of environmental, social and governance (ESG) to more responsible and sustainable investment opportunities.

During the same period, the social and environmental challenges did not diminish; in fact, they became more complex and require greater coordination and multidisciplinarity in their solutions: thus, in addition to loans, our operations started to incorporate investments, guarantees, crowdlending, philanthropic and social and environmental revolving funds, social impact bonds, ESG analysis of companies and assets, social and environmental risk assessment, green bonds valuation ... and the list should continue growing. This diversification of solutions has a single purpose: to mobilize even more capital for positive social and environmental impact, and thus fulfill our mission.

I want to make two invitations to you: join us in celebrating our achievements, since you have been an integral part of them - from the beyondBanking award (IDB, 2011); the recognition as the 8th most influential social organization in Latin America (TOP500 ONGs, 2017); and as one of the Top 100 NGOs in Brazil (Época / Doar Institute, 2017); to the recognition of our Sustainable Finance program as one of the 10 best in social and environmental research for investors in the world (IRRI, 2017). And since we are nothing without a community, nor would we go very far, please come closer to our work, whether as a supporter or a partner.

I want to thank you for all your support and ask for you to be a donor in our new campaign: "Transforming the Social Finance sector in Brazil".

We look that our joint achievements over the next 10 years will be greater and more relevant than the first 10.

Thank you!

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Rede Asta is a social business that supports the role of women artisans in the creation and development of sustainable solutions from the reuse of waste. By connecting labor to the production of corporate gifts from the waste of large companies, the organization provides the re-significance in three aspects: (i) to the lives of women entrepreneurs, (ii) to materials that would go to waste and (iii) to the form of consumption and disposal of large organizations.

SITAWI supported the initiative through the Social and environmental Loan mechanism, enabling the purchase of complementary materials for the production of corporate gifts for a large client. The supply of patient capital allowed the productive cycle not to be broken. "Rede Asta is a proven and relevant impact business for low income communities and, above all, women artisans who are able, through the network, to have access to constant corporate demand, an efficient logistics network and professional training. In this way, it constitutes a business of social and environmental impact relevant to society," commented the analyst of Social Finance at SITAWI.

With an inclusive essence for both the producer and the buyer, Rede Asta offers corporations the production of handmade sustainable gifts with upcycling techniques from the company's own waste. For artisans, it offers entrepreneurial vision training focused on the manufactured market; a network of businesses; and access to the market for buyers of craft products and services. In addition, it maintains a Business School for Artisans, which aims to teach how to manage income from products, as well as empower and make artisans independent. Brazil is still a country with a strong gender exclusion. Although the majority of the population are women, they find it more difficult to enter the labor market and, when employed, have lower wages than men. 

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The macaúba palm, native to the Brazilian Cerrado, has great potential for extracting sustainable vegetable oil. With this in mind, INOCAS, a social business based in Patos de Minas - Brazil, decided to promote the sustainable extraction of the fruits of the native palm trees to leverage the productive chain of the organic macaúba. The initiative is supported by SITAWI and the Mahle Institute and is structured in three pillars: training and mobilization of family farmers for the sustainable extraction of organic native macaúba; access to public policies that benefit producers; and organic certification of the native product. The impact generated is related to social inclusion, the valorization of Brazilian biodiversity and the generation of work and income for family farmers.

The main innovation of INOCAS lies in its planting system and business model since the cultivation of macaúba in agroforestry systems allows for the production of large quantities of vegetable oil without negative impacts such as deforestation, land use change or land use.

The project aims to promote the productive chain of macaúba as a source of sustainable vegetable oil by increasing the production of organic quality foods, as well as generating inputs for cosmetics, chemicals, and fuels, replacing transgenics and other exclusive and degrading crops. Its cultivation takes place through agroforestry – the joint cultivation of agricultural crops - avoiding deforestation or changes in land use with the coexistence of agriculture in the same place.

The project also generates benefits for workers. In Minas Gerais, more than 200,000 people work on coffee farms during the harvest season, which runs from May to September. After the coffee season, unemployment rates generally increase. The workers interviewed in the Leuphana University feasibility study earned on average R$ 73 per day, or R$ 1,600 per month with the native macaúba crop. This means that since the macaúba harvest occurs from October to January - that is, after the coffee harvest - it creates opportunities for additional income and better remuneration for the workers.

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Bianca, 4YOU2 student in Sao Paulo
Bianca, 4YOU2 student in Sao Paulo

It is estimated that 95% of the Brazilian population does not speak English. Several factors help explain this number, including courses with expensive prices, poorly trained teachers, and business models that do not favor learning.

With this in mind, the entrepreneur Gustavo Fuga created 4YOU2, bringing an innovative model that combines foreign teachers, an adaptive methodology, and the lowest price in the market. The logic is simple: unite people who want to teach English and learn about Brazilian culture with people who want to learn English and get to know different cultures.

Founded in 2011, 4YOU2 has already helped more than 10,000 students, mostly from middle and low-income backgrounds, learn about and gain access to new cultures. Consequently, it has also contributed to their personal and professional development as well.

In order to grow and improve service quality, 4YOU2 realized two things: that it was necessary to create new methodologies; and in order to develop these new methodologies, it would need capital to invest in innovation. SITAWI supported the implementation of a new online methodology through a social and environmental loan of R$ 70,000.

The expectation is that the implementation, together with the management system, will provide higher quality teaching to students, greater control over information, greater efficiency in customer relations, and a reduction in operating costs.

Get to know the project!

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Andrea Resende receives the Best NGO Award
Andrea Resende receives the Best NGO Award

It is with great joy that we share that SITAWI was elected one of the best social organizations in Brazil! The first edition of the Best NGOs Award, an initiative of the Doar Institute and Época Magazine, placed SITAWI among the list of Brazilian NGOs that stand out for their transparency, efficiency, quality of the management and good governance practices in their areas of activity.

“Being among the best NGOs in Brazil represents the result of our efforts to consolidate ourselves as a reference in effectiveness and innovation among organizations seeking social and environmental impact.Such awards contribute to our mission of mobilizing capital for positive social and environmental impact, enhancing transparency and bringing more credibility to our peers and partners,” commented Luiza Coimbra, from the communications team.

In total, 1,560 organizations signed up for the selection process and the top 100 were chosen by an executive committee based on performance. A commission made up of representatives of Época Magazine, the Doar Institute and the Center for Public Administration and Government Studies of the Fundação Getúlio Vargas evaluated five principles: cause and strategy; representation and responsibility; management and planning; financing strategy; and communication and accountability.

Since its foundation in 2008, SITAWI has already disbursed more than R$10 million to social and environmental impact, designated to more than 50 organizations and impact businesses. In nine years, more than 200,000 people were reached through projects that permeate human rights, local development, environment, health, income generation, education, gender and others. All results are audited and reported annually on our website.

This achievement would not have been possible without our supporters, employees, volunteers and partners. We thank each and every one of you who support and joined us in the development of Finance for Good :)

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Organization Information

sitawi

Location: Rio de Janeiro, RJ - Brazil
Website:
Project Leader:
sitawi .
Rio de Janeiro, RJ Brazil

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Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

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