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 thousand to R$ 200 thousand. The other half, according to the survey, survives only with third-party donations.
For Sitawi, the data demystifies the notion that commercial activities divert organizations from their objective. Among those surveyed, 65% stated that commercial activity contributes significantly to the organization's mission. Although 34% of these NGOs claim to have no profit or even loss from commercial activities. For most (69%), the result is positive revenue. Read full article.
