Sitawi Finance for Good is a nonprofit organization founded in 2008 that develops financial infrastructure for the Impact Economy in Brazil. The organization mobilizes and manages resources for those who want to build a better future, reframing the role of capital through positive social and environmental impact.
Brazil still is one of the ten most unequal countries on earth. Even with limited access to capital, there are thousands of social enterprises fighting these problems. Traditional banks offer loans with interest rates of up to 50% and foundation grants are too small and too restricted. The business model of some of these institutions is financially viable in the long-term, and loans have demonstrated their potential within the social impact sector.
Sitawi enables, drives and accelerates the flow of capital for greater positive impact through: facilitating impact investments by connecting investors to organizations and businesses with profound impact under an Empathetic Capital lens at its Crowdlending Platform; managing philanthropy through fiscal sponsorship, donor advised funds and endowments arrangements; developing and operating financial mechanisms for conservation and climate resilience.
We want to develop the Social Finance sector by promoting access to capital according to the specific needs of each supported organization. Sitawi's work on innovating the pathway to access capital and the financial instruments and mechanisms utilized to access capital aims to push traditional actors such as commercial banks to change their perspective on financing social enterprises.
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