Sitawi launches collective loan round to raise R$ 1.1 million for impact businesses

Individuals from all over Brazil can invest from R$ 10, with a return of 10% per year, repayment in 36 months and 3 months grace period

THE Sitawi has a new round of open collective loan. The initiative allows individuals from all over the country to invest directly in two businesses with a positive impact linked to the UN Sustainable Development Goals (SDGs). Funding has already mobilized around R$100 thousand for the Canudos, Uauá and Curaçá Family Farming Cooperative (Coopercuc), which aims to implement sustainable agriculture projects and process native caatinga fruits. Now, the focus is on raising funds for Incentiv.me, a tax innovation organization that connects social projects to the ecosystem of tax incentive laws.

The resources will make up the working capital of the impact businesses so that they can expand their scale of action and improve their operations. Investors can make investments from R$10 with a return of 10% per year, repayment in 36 months and a 3-month grace period. invest in impact here!

previous rounds

In the past two years, the Sitawi, through its Collective Loan Platform, has already carried out seven collective loan rounds, having mobilized R1TP4Q11 million so far. The organization, founded in 2008, has the mission of mobilizing capital for a positive socio-environmental impact and has already moved more than R$242 million through its activities. During that time, more than 70 impact investing transactions supported more than 58 businesses.

The Collective Lending Platform of Sitawi aims to offer investors the possibility of contributing capital to businesses that generate a positive socio-environmental impact and obtain attractive financial returns. Investors obtain competitive profitability and, on the other hand, businesses have access to a line of credit with lower interest rates than those practiced in the market. The model is known as P2P lending.

Amazon impact business call

THE Sitawi there is also a call for impact businesses that operate in the Amazon with credit demand between R$200 thousand and R$800 thousand. Until December 17th, initiatives that work with the forest economy standing can apply to participate in the next round of collective loans. Repayment is made between 24 and 36 months, with a grace period of up to 180 days and an estimated interest rate of between 7.5% and 11.5% per year. The terms of the loan will be defined together with the business, taking into account the impact generated by it, its maturity and the basic interest rate of the economy (SELIC).

The Amazon Impact Business Call aims to find businesses with a positive socio-environmental impact that mitigate the effects of deforestation in the Amazon and generate biodiversity conservation, income for their communities and preservation of local culture.

Through this initiative, the Sitawi provides the necessary capital, support and direction for the business, in addition to access to a network of mentors and partners. All these actions are intended to create financing alternatives to leverage these businesses, so that they can continue to make a difference, impact people and the environment.

To register your business, click here. Questions can be sent to the email emprestimocoletivo@sitawi.net.

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