Economic Growth Brazil Project #9109

You give 2, SITAWI lends 20, we change 2,000 lives

by sitawi

Project Report | Nov 13, 2017
Loan for innovation in education in Brazil

By Luiza Coimbra | Communications

Bianca, 4YOU2 student in Sao Paulo

It is estimated that 95% of the Brazilian population does not speak English. Several factors help explain this number, including courses with expensive prices, poorly trained teachers, and business models that do not favor learning.

With this in mind, the entrepreneur Gustavo Fuga created 4YOU2, bringing an innovative model that combines foreign teachers, an adaptive methodology, and the lowest price in the market. The logic is simple: unite people who want to teach English and learn about Brazilian culture with people who want to learn English and get to know different cultures.

Founded in 2011, 4YOU2 has already helped more than 10,000 students, mostly from middle and low-income backgrounds, learn about and gain access to new cultures. Consequently, it has also contributed to their personal and professional development as well.

In order to grow and improve service quality, 4YOU2 realized two things: that it was necessary to create new methodologies; and in order to develop these new methodologies, it would need capital to invest in innovation. SITAWI supported the implementation of a new online methodology through a social and environmental loan of R$ 70,000.

The expectation is that the implementation, together with the management system, will provide higher quality teaching to students, greater control over information, greater efficiency in customer relations, and a reduction in operating costs.

Get to know the project!

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Aug 16, 2017
SITAWI among the best NGOs in Brazil!

By Luiza Coimbra | Communications

Andrea Resende receives the Best NGO Award

It is with great joy that we share that SITAWI was elected one of the best social organizations in Brazil! The first edition of the Best NGOs Award, an initiative of the Doar Institute and Época Magazine, placed SITAWI among the list of Brazilian NGOs that stand out for their transparency, efficiency, quality of the management and good governance practices in their areas of activity.

“Being among the best NGOs in Brazil represents the result of our efforts to consolidate ourselves as a reference in effectiveness and innovation among organizations seeking social and environmental impact.Such awards contribute to our mission of mobilizing capital for positive social and environmental impact, enhancing transparency and bringing more credibility to our peers and partners,” commented Luiza Coimbra, from the communications team.

In total, 1,560 organizations signed up for the selection process and the top 100 were chosen by an executive committee based on performance. A commission made up of representatives of Época Magazine, the Doar Institute and the Center for Public Administration and Government Studies of the Fundação Getúlio Vargas evaluated five principles: cause and strategy; representation and responsibility; management and planning; financing strategy; and communication and accountability.

Since its foundation in 2008, SITAWI has already disbursed more than R$10 million to social and environmental impact, designated to more than 50 organizations and impact businesses. In nine years, more than 200,000 people were reached through projects that permeate human rights, local development, environment, health, income generation, education, gender and others. All results are audited and reported annually on our website.

This achievement would not have been possible without our supporters, employees, volunteers and partners. We thank each and every one of you who support and joined us in the development of Finance for Good :)

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Jun 5, 2017
Social Inclusion startup is TOP10 in Brazil!

By Luiza Coimbra | Communications

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