SITAWI Finance for Good
Develop and FlourishThis NGO is Certified
HeadquartersRio de Janeiro, Rio de Janeiro, Brazil
Previous ranksLast year : Not ranked
2 years ago : Not ranked
Sector(s)Economic Empowerment, Environment
Facts & Data
Official Website http://www.sitawi.net/
Countries of operation Brazil
Countries where legally represented Brazil
Country where headquartered Rio de Janeiro, Rio de Janeiro, Brazil
Type of organisation nonprofit
Number of employees 25
Year founded 2008
Current CEO Leonardo Nicolas Letelier Pimstein
Primary contact and general inquiries email@example.com | +552122471136
Employment opportunities View opportunities
Mobilize more capital, more types of capital and better use and deployment of capital to transform more lives.
SITAWI means “to develop and flourish” in Swahili.
2005 – Leonardo Letelier, Harvard MBA and consultant at McKinsey for 10 years in different countries, realized he should use his business and finance expertise to help to change social realities in Brazil.
2007 – After two years of preparation and research, Leonardo reimagined Finance as a force for good and started operations for what would become SITAWI, which would be founded the following year.
2008 – Foundation of SITAWI and structuring of the Social & Environmental Loan
2009 – First Social &Environmental Loans for Solidarium, Caspiedade and Davida.
2010 – Invitation to take part in the Clinton Global Initiative (CGI) and certification as OSCIP.
2011 – Awarding of the beyondBanking prize from the Inter-American Development Bank
2012 – Article published in Stanford Social Innovation Review and creation of a new product: Filantrophic Funds Management for Families and Companies: first client USAID +Unidos.
2013 – Expansion of focus to the Finance for Good, including a Sustainable Finances program. Resumption of Business & Impact activities.
2014 – Nomination of the joint Executive Directorship for the Social Finance Taskforce. Ecomudanca/Itaú Fund follows SITAWI’s lead by incorporating loans in its social investment strategy.
2015 – Leadership on Green Bonds and Social Impact Bonds in Brazil.
2016 – ABCR Award for Most Transparent Organization and A+ Seal in Transparency and Management from Instituto Doar.
Jucieli Stoinski, BDO Brazil, Rua Buenos Aires, 48 - 4ºandar, 20.070–022 Rio de janeiro, RJ, Brasil, Tel: (55 21) 2210.5166