Sitawi supported three more institutions: Instituto Alpha Lumen, Feira Preta and INOCAS. The loans amount to around 180 thousand reais so that the initiatives can develop and optimize their actions 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 proven impact and operate within ethical parameters. Want to know how it works? Login 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.
The Alpha Lumen Institute (IAL) is a non-profit school, founded in 2013, in São José dos Campos, and aims to offer 1st and 2nd elementary 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 reach their potential, acting as conscious leaders. The organization is a partner of the municipal education department and has been recognized by various media for its rapid growth. The first wave of students, in 2014, had 18 young people and, in 2016, that number jumped to 231 students. The forecast is that in 2017 the number of students will reach 500. Sitawi's support aims to make it possible to increase the infrastructure to receive more students at the IAL.
Learn more about the Alpha Lumen Institute
Innovation in the environment and territorial development
Currently, palm oil is the most widely used in the world and is an input for 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. Sustainable vegetable oil production from macaúba planted in the Brazilian cerrado pastures can exceed and replace world palm production 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 Macaúba plantation and cultivation company in the region of Patos de Minas ? MG which aims to produce sustainable vegetable oil in partnership with family farmers, avoiding deforestation or changes in land use 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 is on 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 Brazilian black population, which attracted part of the fair’s sponsorships, 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.
