Sitawi opens new call for impact businesses in the Amazon

THE Sitawi Finanças do Bem has a call for impact businesses operating in the Amazon with credit demand between R$ 200 thousand and R$ 800 thousand. Until July 22, initiatives can apply to participate in the next collective loan opportunity.

The Amazon Impact Business Call aims to find businesses with a positive socio-environmental impact that are looking for financing for their operation. Through this initiative, in addition to the resource, the Sitawi it also offers technical support and mentoring for the business, as well as access to a network of mentors and partners. All these actions are intended to create financing alternatives and leverage organizations so that they can continue to positively impact people and the environment.

“With this call focused on impact businesses in the Amazon, Sitawi wants to strengthen organizations that, in addition to conserving biodiversity, generate work and income for people, promoting the local economy”, says Bruno Girardi, Impact Investment Manager at Sitawi Good Finance.

THE Sitawi offers organizations patient capital, with rates and terms that are better suited to impact ecosystem organizations than traditional loans. Repayment is estimated between 24 and 36 months, with a grace period of up to 6 months and an interest rate estimated between 7 and 12% per year. The exact conditions of the loan will be defined together with the organization, taking into account the impact generated, its maturity and the basic interest rate of the economy (SELIC).

To learn more about the requirements and participate, simply register on this page (https://bit.ly/chamadaamazonia) , to receive the registration form. Questions can also be sent to the e-mail emprestimocoletivo@sitawi.net.

Learn more about the Collective Lending Platform Sitawi: http://emprestimocoletivo.com.br/

Regarding the Sitawi

THE Sitawi is a public interest social organization (OSCIP) that develops innovative financial solutions for positive socio-environmental impact. A pioneer in the finance sector for positive impact, it works by connecting investors to social entrepreneurs through the Collective Lending Platform, Philanthropy Management, Endowment Funds and Conservation and Climate Finance. Since its foundation, it has mobilized more than R$300 million for socio-environmental impact. The organization has its headquarters in Rio de Janeiro and an office in São Paulo.

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