Last month, we closed another call for impact businesses with the aim of promoting organizations that aim to promote the sustainable development of local communities in the Amazon and forest conservation.
This call is in partnership with PPA (Partners for the Amazon Platform), CLUA (Alliance for Climate and Land Use) and Fundo Vale.
What types of organizations have signed up?
Altogether, more than 50 organizations signed up to raise funds with us. The vast majority are small and medium companies with the most varied aspects of impact:
- Sustainable agriculture
- productive chains
- Citizenship
- Culture
- Sustainable consumer goods
- green technology
- Education
In addition, cooperatives, social organizations and associations were present. See the graph below:
After this stage, the impact investment team evaluates and selects businesses. The organizations that fit the bill undergo a careful and in-depth analysis of financial and impact data. After that, they are eligible to raise funds on our Crowdlending Platform for Impact.
Impact analysis and assessment
This in-depth analysis assesses the organization's governance, ethical code, execution capacity, market and business model. Regarding impact, Sitawi studies both the scope (for example, how many people will benefit or how many hectares of native forest will be preserved) and the depth of the impact (to what extent this initiative improves the lives of these people). The assessment also includes interviews with founders, employees, customers, beneficiaries and other stakeholders relevant to the organization.
“With this call for proposals aimed at impact businesses in the Amazon, Sitawi wants to strengthen organizations that, in addition to conserving biodiversity, generate work and income for people, boosting the local economy”, it says Bruno Girardi, Vice President of Sitawi Finance for Good
Check out the impact areas that signed up:
.
