Almost half of the NGOs in Brazil (48%) have some commercial activity, according to a survey carried out by Sitawi-Finanças do Bem, an organization that offers social loans from R$ 50,000 to R$ 200,000. The other half, according to the survey, survives only on donations from third parties.
For Sitawi, the data demystify the notion that commercial activities divert organizations from their objective. Among those surveyed, 65% stated that commercial activity significantly contributes to the organization's mission. Although 34% of these NGOs claim not to make any profit or even have a loss with commercial activities. For most (69%), the result is positive revenue. Read full article.