sitawi - Social Fund
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sitawi Social Fund finances existing revenue-generating initiatives of social organizations through loans with an appropriate rate, taking into account its social impact. The transfer of resources from the private sector for the third sector happens in a sustainable fashion, with long-lasting revolving funds: donations into the fund are readily used for social loans. Once the loan is repaid, a new loan can be made to other organizations with the same resource. Thus, the fund multiplies the social impact of the original donations.
Donation to sitawi
With the refinement of the Social Loan methodology and fall of interest rates in the country, sitawi will disseminate this practice to other actors in the financial system. This “bridge” will significantly increase the volume of resources available for social impact, since the credit market in Brazil (about $700 billion in assets) is more than 100 times greater than the amount of annual donations to social organizations (less than $5 billion).
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