The BMW Foundation Fund aims to boost the start of the BMW Foundation's activities in Brazil. The German institution aims to promote cross-sectoral dialogues for the common good, in addition to fostering social innovation.
Sitawi is a public interest social organization (OSCIP) active in the development of innovative financial solutions for positive socio-environmental impact. Among its different initiatives, Sitawi developed the Sitawi Collective Lending Platform together with Mova Sociedade de Empréstimo entre Pessoas SA (“Mova”). Within the scope of the digital platform, Sitawi acts as Mova's banking correspondent to facilitate the loan contracting process, following the guidelines of CMN Resolution No. 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, pursuant to Resolution CMN 4,656. To contact the Mova Ombudsman, call 0800 701 0412.2022.2022.