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

by sitawi
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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).

SITAWI team :)
SITAWI team :)

Hello from SITAWI!

Find out our latest news!

 

IRRI2015 Results :: Managing Director Gustavo Pimentel elected world’s Best Social-Environmental Analyst and SITAWI makes the Global Top10 in the largest independent survey of responsible investing - IRRI2015.

 

New fund :: SITAWI and Ellen Macarthur Foundation have developed a fund to promote the CE100 Brazil program. The British foundation was established in 2010 with the aim of accelerating the transition to the circular economy, regenerative and restorative by design, making it a global thought leader. The CE100 Brazil program was launched in October, 2015, and it is the national satellite for the global program.

 

Finance for Forestry :: Sustainable finance consultant Fred Seifert spoke in Washington, DC about his analysis of the impact of World Bank’s projects in the state of Pará at a seminar organized by Bank Information Center that gathered representatives from civil society in a number of countries to discuss the World Bank’s Forest Action Plan.

 

Girl Power :: 2016 has arrived with new members on our team at SITAWI. Patrícia Herkenhoff has joined the sustainable finance team as an ASG researcher and Cristine Pavoni will work with the social finance team as a senior consultant. The SITAWI team is now made up of eight men and nine women divided between our offices in Rio de Janeiro and São Paulo. But it doesn’t stop there! Our team is growing and we are hiring.

Inova Urbis Team - SITAWI
Inova Urbis Team - SITAWI's new loan

SITAWI will manage SouMinasGerais Fund for Mariana dam disaster victims

Caetano Veloso, Criolo, Jota Quest and other singers joined on December 8th , in Belo Horizonte, a fundraising event to support the victims of Samarco’s dam in Mariana, Minas Gerais. The whole #SouMinasGerais concert revenue will be directed to a philanthropic fund called SouMinasGerais, managed by SITAWI.

  

CoP 21 – From Paris, Gustavo Pimentel

Whereas Brazil aligns with the European Union demanding a climatic agreement legally binding, US and China heads of state deliver uplifting but unyielding speeches. Gustavo Pimentel covers the events in Paris focusing on the theme Climatic Finances: the pie needs more public and private resources to grow in order to face the challenges.

 

Loans to housing transformation in Rocinha – Rio de Janeiro

SITAWI celebrates another Socio-environmental Loan with an special touch. The project developed by Inova Urbis will take place in Rocinha, Rio de Janeiro, near SITAWI’s headquarters. The project proposes a consultancy conceived to improve the lives of the community inhabitants aiming for more comfort, security and better sanitary conditions.

 

SITAWI joins the GIFE network

SITAWI officially joined the GIFE network (Institutions, Foundations and Companies Group). “This is a major step to reinforce the strategical partnership system with social transformation players and catalysts. We hope to make a contribution with our expertise in Finance for Good, impact investing and socially responsible finances with the certainty that the exchange with GIFE and its other associates will be highly enriching”, said Leonardo Letelier, SITAWI’s CEO and founder.

 

Social Impact Business Marathon – RJ

Promoted by SEBRAE RJ with SITAWI’s support, the Marathon took place between November 12th and 15th, as part of Entrepreneur Fair in Rio de Janeiro. There were more than 100 inscribed and 53 participating projects. Education, healthcare and culture came up as the most discussed subjects, but the award highlights were about minority empowering businesses.

 

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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
$56,650 raised of $60,000 goal
 
 
463 donations
$3,350 to go
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