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

by sitawi
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We believe that it is possible for institutions and businesses to build a world where the capital is cheaper, more abundant and patient, generating positive environmental impact.

Over the last months, we have been supporting three social and environmental loans in the areas of environment, entrepreneurship and cultural empowerment, education and technology. R$180 thousand in donations from people who believe in Finance for Good became social and environmental loans, with rates below market, for the Alpha Lumen Institute, INOCAS and Feira Preta. Besides the low interest rates and flexible conditions, organizations can also rely on SITAWI’s expertise in this process.

In november, the biggest event of black culture in Latin America celebrated its fifteenth birthday! Rio de Janeiro received for the first time, on 26 and 27 November, the Black Cultural Fair. The event of December 11, in São Paulo, brought together a lot of music, literature, fashion, art and gastronomy. We are very happy to support this initiative once more, through the social and environmental loan.

This mechanism is possible thanks to supporters like you!
Thank you :)

Rafael Ribeiro - BrazilLab mentorship
Rafael Ribeiro - BrazilLab mentorship

Our team on focus in september!

Rob Packer, our Fund Manager, moderated the debate about the depth of social impact at ANDE Annual Conference, in the USA. “It was important to moderate this table with such renowned people in the sector, like Sasha Dichter, Chief Innovation Officer of Acumen, and Nicole Etchart, co-founder and co-CEO of NESsT. As SITAWI along with ANDE lead the series of meetings Metrics in Practice, I hope that we can use those methods to improve the way all members of the impact business ecosystem in Brazil measure their social and environmental impact"

Rafael Ribeiro, our Social Impact Bonds coordinator, lectured about Alternatives in the Hiring Models in the third cycle of BraziLab mentorship program. "It is important that entrepreneurs wishing to act in the public sector avoid an excessively commercial approach and open channels for partnerships and the creation of personalized solutions, collaborating with managers and public servants", commented Rafael.

Finance for Good was also the theme of the first video of the series "Impact Talks" from the Impact Hub! Our director, Gustavo Pimentel, talks to the co-founder of the initiative in Florianópolis, Gabriela Werner, about SITAWI's performance. Watch the video.

This is only possible because of you! Thanks for believing in our cause :)

Regards,
Luiza Coimbra

Finance for Good Dialogues
Finance for Good Dialogues

To celebrate SITAWI's 8 years, we organized an event on July 14th in our new office in Rio de Janeiro, with themed talks on Finance for Good in Brazil. Following, we had a happy hour to celebrate our anniversary. Check the photos from this event and others.

SITAWI and the State Government of Ceará have signed the first contract to structure a Social Impact Bond in Brazil, a social results payment mechanism. The initiative was supported by Social Finance UK, a partner that was the first organization to develop this instrument, and had initial support from the Inter-American Development Bank. This first project will focus on the Health sector.

This is possible only because of you! Thanks for believing in our cause :)

Regards,
Luiza Coimbra

Hello!

For the consistency of our commitment to stakeholders, this month we received the prize of Most Transparent Organization from the Associação Brasileira de Captadores de Recursos – ABCR (Brazilian Association of Fundraising).

“This prize is the seal of our work and values. Having this stamp is very important. But SITAWI Finance for Good’s most important asset is the people and the connections” said Renata Linhares, our Fundraising Coordinator, in the prize ceremony last day 5 th in São Paulo.

You're part of this success! Thanks to you we can improve the social and environmental sector in Brazil :) 

SITAWI Team

Kids boxing
Kids boxing

Hello from SITAWI!

Find out our latest news!

SITAWI's olympic campaign For More Champions: +100 children with access to further education through boxing and 15 high-performance athletes! Multiply your social impact, help the development of brazilian champions! :) See the campaign in portuguese.

New Board member: Lucia Hauptman is now part of SITAWI’s board of advisors! Lucia is founder and president of PRADA Assessoria and partner at Prada Empresarial. She has already served as director at Booz & Company, Vice-President at Credit Suisse and was part of the corporative finance and M&A teams at JP Morgan. Currently, she is also a member of the board of directors of the insurer, PortoSeguro. Welcome, Lucia!

SouMinasGerais Fund: The concerts in São Paulo and Minas Gerais in support of the regeneration of the Rio Doce basin raised 445,000 reais, managed by our Philanthropic Fund SouMinasGerais and committed to RiodeGente, a campaign coordinated by Greenpeace that aims to perform an independent research to suggest solutions and quantify the impact of the environmental catastrophe in Marian. Read more.

“The future has arrived early” – In an article in Institutional Investor magazine, our director, Gustavo Pimentel, points to ASG analysis as a tool for managing risk as well as for seeking opportunities. “A company with high socio-environmental rating could be underpriced”, he says. Read the article (portuguese only).

 

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Organization Information

sitawi

Location: Rio de Janeiro, RJ - Brazil
Website: http:/​/​www.sitawi.net/​
Project Leader:
sitawi .
Rio de Janeiro, RJ Brazil
$58,802 raised of $60,000 goal
 
487 donations
$1,198 to go
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