Collective lending platform has raised over R$ 1 million for impact businesses

Just over a month on the air, the Sitawi Collective Lending Platform, launched by Sitawi Good Finance with the support of Sabin Institute, has already exceeded R$ 1 million in loans for businesses with a positive socio-environmental impact. Of the 5 organizations that entered the platform, two have already reached their goal, well before the deadline for funding, set on August 12.

The platform is available on the website www.emprestimocoletivo.net. Nela é possível  pesquisar o perfil, o impacto e projeções financeiras dos negócios, e emprestar aos que estiverem com captação aberta. O valor mínimo de empréstimo é R$ 1 mil.  E o repagamento será mensal, com juros de 1% (também ao mês). Em até 24 meses os investidores terão recebido todo o dinheiro emprestado de volta. Toda a operação é realizada através do modelo de P2P lending, em parceria com a CapRate.

Businesses will use the money to leverage their operations. Coopsertão, a cooperative in Pintadas, Bahia, and the first organization to reach the goal, plans to double its pulp production in 2019. “Today we are able to buy between 2% and 3% of fruit production from our cooperative members. With the loan we want to reach 50%”, says Valdirene Oliveira, president of Coopsertão. For Valdirene, the support of investors who participated in the collective loan will give a new horizon to the cooperative – and will have a great impact on the region of Pintadas, a municipality with around 10,000 inhabitants. “Our reality is difficult, mainly because of the climate. It is a satisfaction, and a motivation, to know that people from so many parts of the country believe in our project”, he says. 

Choice of projects

As organizações que estão na plataforma foram selecionadas pela Sitawi Finanças do Bem com base em seu crescimento histórico, na sustentabilidade financeira, no impacto e na liderança. A soma de todos os valores buscados pelos negócios é de R$ 1,5 milhão. “Trabalhar com finanças significa tomar decisões, julgamentos que pressupõem valores integrados nas decisões financeiras. Esses valores ficam entrelaçados no dinheiro e se movem na sociedade para construir o mundo. Dessa forma, o capital sempre se move com valores e cabe a nós decidir que valores são esses e o que colocamos na frente do dinheiro”, diz Leonardo Letelier, fundador e CEO da Sitawi Finanças do Bem. 

Democratization of impact investing

A Sitawi Finanças do Bem foi pioneira em empréstimo coletivo de impacto no Brasil e agora expande sua atuação para diminuir barreiras rumo à democratização do investimento de impacto no Brasil. Por isso a escolha do modelo de crowdfunding, que já soma US$ 34 bilhões por ano em todo o mundo, e deve crescer 10 vezes até 2025. “O investimento de impacto tem crescido em reconhecimento e em valor movimentado, mas ainda há grandes barreiras para que o investidor comum possa aplicar seu dinheiro com mais propósito. Do outro lado, estão os negócios de impacto, que necessitam de capital para crescer e seguir impactando positivamente o meio ambiente e a vida de milhares de pessoas”, comenta Andrea Resende, Gerente de Finanças Sociais da Sitawi.

Com esse espírito, a plataforma de empréstimo coletivo surgiu por iniciativa  da Sitawi, com dez anos de experiência e histórico em investimento de impacto, e do Instituto Sabin, com articulação e foco em inovação em finanças sociais. O aporte inicial do Instituto foi de R$ 500 mil, em uma estrutura de blended finance, in which philanthropic capital is used to subsidize the operation, provide anchor investment and attract market investors.

Fábio Deboni, executive manager of Instituto Sabin, explains that the platform is similar to the collective crowdfunding, only with a different bias: resources are raised as loans, not as donations. “Our objective is for the Institute's investment to leverage more resources from individuals and corporations,” he explains.

In addition to bringing new resources to organizations with few available loan options, the platform aims to consolidate crowdfunding as an impact financial instrument. “With this initiative, social impact organizations will have the opportunity to obtain loans at a reasonable interest rate, which is currently not possible in public and private banks”, praises Fábio.

selected businesses

Check out the 5 impact businesses that are on the collective loan platform: 

COOPSERTÃO (caption closed):  

A  Cooperativa Ser do Sertão – COOPSERTÃO reúne produtores do ramo Agropecuário de Agricultura Familiar em Pintadas, no interior da Bahia. Fundada em 2008, tem como missão promover o fortalecimento da agricultura familiar por meio do cooperativismo, com práticas agroecológicas e profissionalização das unidades produtivas. A cooperativa foi uma iniciativa de mulheres da região, sendo ainda gerida por maioria do gênero feminino e com participação relevante de produtoras mulheres na base de associados. Ao final do seu 2° ano de funcionamento, a organização escoava basicamente umbu e frutas típicas da região, transformando-os em geleias, doces e polpas.  Hoje, após 10 anos de existência, está expandindo uma fábrica de polpa de frutas. Todo o excedente da operação é redistribuído para a implementação de técnicas agroecological crops, with the aim of enabling production throughout the year, without the drought interrupting the production process. Main SDGs: 2 Zero Hunger, 3 Health and Well-being, 5 Gender Equality and 12 Responsible Consumption and Production.

Organic in Box:  

Founded in 2014 in Rio de Janeiro, the organization was born from the desire to make food available certified organic products for consumers at prices below those commonly practiced in this segment – in addition to valuing small rural producers, who now have a reliable outlet for their products at fair prices. For this, Orgânicos in Box developed an e-100% certified organic products commerce, which spreads withorganic food around the citythe Rio de Janeiro. Since the beginning of its operation, Orgânicos has sold approximately 300 tons of pesticide-free food, currently growing at a rate of 10 tons per month. Main SDGs: 2 – Zero Hunger and Sustainable Agriculture, 3 – Health and Well-being and 6 – Drinking Water and Sanitation.

UPSHealth  (caption closed): 

UPSaúde is a company created in Rio Grande do Norte in 2018 with the objective of improving several aspects of Public Health communication, aiming at decrease of queues and promoting easy access to information. Through a smart appia of data, the organization serves pains from all public health audiences,sitting features for physicians, hospital managers and patients. Thanks to online appointment bookings, availability of management reports andlemedicina, has already promoted an average reduction of 38% in the queues for service in the municipalities that contracted the service. Main SDGs: 1 – Eradication of Poverty and 3 – Health and Welfare.

Status4:

Develops software for Water Distribution Managementua, focusing on automatic detection of leaks in the distribution network. It locates leaks more efficiently than traditionally used methods, in addition to adding intelligence to the service: it indicates water consumption, points of attention for possible losses and reports based on artificial intelligence, to give more precision and speed to the diagnosis. Stattus4 was founded in 2016 in Sorocaba, in the interior of São Paulo. It already has contracts with private and public water distributors, such as Iguá Saneamento (through Águas Cuiabá), and also with gas distributors, thanks to small adjustments to the sensor. Its solution has already reduced from 30% to 18%, for example, the gross water loss of Sociedade de Abastecimento de Água e Saneamento de Campinas (SANASA), in 2019. Main SDGs: 6 – Drinking Water and Sanitation, 9 – Industry, Innovation and Infrastructure and 11 – Sustainable Cities and Communities.

I inteceleri:

Founded in 2013 in Pará, Inteceleri is a startup from Pará that was born from the initiative of parents and teachers who had children and students with difficulties in learning mathematics in a traditional format, a national reality. The company develops teaching methodologies, supported by digital educational games and virtual reality equipment, which are used by teachers and students. All content is developed to associate the problems proposed in the amschool environment to the student's daily life, favoring the development of the mathematical sense in an interactive and playful way, focusing on the student's protagonism. One of its great successes, the Matematicando application, facilitates learning through colored tables, and stimulates the improvement of mental calculation and logical reasoning. The company is even qualified as a Google partner for Education. Inteceleri has already benefited more than 249 thousand students and more than 8 thousand teachers in 14 cities in the North and Northeast regions of Brazil. Main SDGs: 4 – Quality Education, 10 – Reduction of Inequalities.

The 1st Round of Collective Loan has as a strategic partner the Sabin Institute, as development partners to CapRate, a Impact Workshop, a TozziniFreire Advogados and the Vieira Rezende Advogados, and the support of Money and Conscience Network in distribution. To learn more about the business and participate as an investor, visit www.emprestimocoletivo.net.

 

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