Matchfunding BNDES+ Cultural Heritage

Culture

about the background

The BNDES+ Heritage Matchfunding Fund aims to select projects capable of leaving a legacy for Brazilian Cultural Heritage, training them in mobilization through crowdfunding and tripling their collection. In the biggest matchfunding in history, for every R$1 raised from the public, the BNDES contributes R$2.

Impact

R$+6 million invested in equity

R$+3 million contributed by BNDES

R$+2 million donated by the crowd

11 thousand donors through the platform

43 initiatives financially supported

SDGs

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Our impact closer

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© Sitawi Finance for Good | 2008-2023

Sitawi is a social organization of public interest (OSCIP) active in the development of innovative financial solutions for positive socio-environmental impact. Among its different initiatives, Sitawi has developed the Sitawi Collective Loan Platform in conjunction with Mova Sociedade de Lending between People SA ("Mova"). Within the scope of the digital platform, Sitawi acts as Mova's bank correspondent to facilitate the loan contracting process, following the guidelines of CMN Resolution No. 3,954 and, as of February/22, also of CMN Resolution No. 4,935, both published Brazilian central bank. Mova is a financial institution duly approved and authorized by the Central Bank of Brazil to carry out financial intermediation between people, under the terms of Resolution CMN 4,656. To contact Mova's Ombudsman, call 0800 701 0412.2022.2022.

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