Sitawi supported three other institutions: Instituto Alpha Lumen, Feira Preta and INOCAS. The loans total approximately R$180,000 so that the initiatives can develop and optimize their operations and management mechanisms in their different contexts.
Brazil is a country of social entrepreneurs. We have several initiatives that are transforming the social reality of thousands of citizens, however, many of them do not have access to patient and cheap credit. Sitawi's socio-environmental loan is a financial mechanism that provides credit to social organizations and impact businesses with low interest rates that have a proven impact and operate within ethical parameters. Want to know how it works? Access here.
Understand case by case:
enhancing skills
The official number of students with high abilities in Brazil is 2,600, however, it is estimated that there are up to 10 million unidentified students with this profile in the country. Normally, schools, whether public or private, are not prepared to receive this student, who ends up being stigmatized or silenced.
Instituto Alpha Lumen (IAL) is a non-profit school, founded in 2013, in São José dos Campos, and aims to offer elementary school 1 and 2 and high school courses for high-ability students with an innovative methodology.
Alpha Lumen has successfully welcomed and developed these young people so that they can reach their potential and act as conscious leaders. The organization is a partner of the municipal education department and has been recognized by various media outlets for its rapid growth. The first batch of students, in 2014, included 18 young people, and in 2016, this number jumped to 231 students. The number of students is expected to reach 500 in 2017. Sitawi's support aims to increase the infrastructure to accommodate more students at IAL.
Learn more about the Alpha Lumen Institute
Innovation in the environment and territorial development
Currently, palm oil is the most used in the world and is used in thousands of products, from foods such as margarine and ice cream to household cleaning products, hygiene and even fuel. However, palm plantation is responsible for large-scale forest conversion in the tropics and extensive carbon emissions, contributing to global warming. The production of sustainable vegetable oil from macaúba planted in the pastures of the Brazilian cerrado can exceed and replace the world production of palm without cutting down a single tree, generating reforestation and income for many people.
INOCAS (Innovative Oil and Carbon Solutions) – Soluções em Meio Ambiente Ltda is a company for planting and cultivating Macaúba in the region of Patos de Minas – MG that aims to produce sustainable vegetable oil in partnership with family farmers, avoiding deforestation or changes in the use of land with the coexistence of agriculture and livestock in the same place.
Diffusion of Afro culture and black protagonism
Feira Preta was created in 2002 by event manager Adriana Barbosa with the aim of disseminating customs and traditions of black culture and promoting business for entrepreneurs in the black community. Its first edition was held in 2002 at Praça Benedito Calixto, in São Paulo, and had 40 exhibitors.
In recent years, the Fair took place at the Anhembi Exhibition Pavilion and had more than 100 exhibitors. Over the 14 previous editions of the event, more than 130,000 people attended, generating revenue of ~R$4.5 million for exhibitors. Approximately 500 artists and 600 Afro-Brazilian micro-entrepreneurs participated in the Fair, many of whom started their ventures informally in past editions and today have formally constituted companies.
The impact of this initiative lies in generating employment and income for the Afro-Brazilian population, in addition to valuing black culture and promoting the self-esteem of this population. In addition to Feira Preta, the entrepreneur created a project called Black Codes, a strategic consultancy focused on identifying and understanding communication codes for the black Brazilian population, which attracted part of the sponsorship of the fair, and has the potential to generate revenue for the organization. throughout the year.
SITAWI already financed Feira Preta in 2011 and the repayment was made after the event ended.
