, which reached more than 1.5 million people in educational campaigns against the contagion of the coronavirus, distributed more than 20,000 basic food baskets and hygiene kits to the population, in addition to 1.2 million masks. Furthermore, to boost the local economy, 21 sustainable businesses received over R1TP4Q1.5 million in low interest loans. The initiative is a partnership between the Partners for the Amazon Platform (PPA), USAID, NPI Expand a NPI Expand, Palladium and Sitawi, and sought to serve the territory of the Brazilian Legal Amazon, especially the states of Amazonas and Pará.
© 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.