Broto Brasilis
Project Street Address
Project City
Project Province/State
Project Postal/Zip Code
Project Country
Year initiative/program began:
1997
Field of work
Banking/Financial Services
If Field of Work is "Other" please define in 1-2 words below (and explain in detail in the entry form):
Service / Activity focus (If "other" please explain in entry form)
Transaction
Year organization founded (yyyy)
0
YouTube Upload
Project URL
Which of these barriers is the primary focus of your work?
Lack of skills and incentives to join formal economy
Which of the principles is the primary focus of your work?
Shorten timeline on individual “returns”
If you believe some other barrier or principle should be included in the mosaic, please describe it and how it would affect the positioning of your initiative in the mosaic
This field has not been completed. (333 words or less)
Name Your Project
Broto Brasilis
Describe Your Idea
What is your signature innovation, your new idea, in one sentence?
Generate liquidity for community craftswomen by financing the selling of their products.
Describe what makes your idea unique—different from all others in the field.
This initiative reduces the cash cycle of a product because it generated immediate liquidity for the craftswomen when paying immediately for every product crafted. Thereby, the stock risk of storing a product for a large period of time doesn’t affect the craftswomen and is financed by the initiative. This way, the resources circulate faster, stimulating the production of new items and promote the development of the local economy.
How do you implement your innovation and apply it to the challenge/problem you are addressing?
The innovation will be implemented with the constitution of a fund which will pay cash for the products crafted by the women. As each of these products are sold, the resources return to the fund to finance the payment of other items.
Do you have any existing partnerships, and if so, how did you create them?
There is a partnership with the NGO GESTO which works with themes related to citizen sector management and will help in constituting the necessary controls for the success of this initiative. This partnership was created by a union of interests because Gesto has the mission to improve social initiative s through management and Broto Brasilis needs a managerial solution to boost its innovation.
In which sector do these partners work? (Check all that apply)
Provide one sentence describing your impact/intended impact.
Development of local economy with the increase in the liquidity of resources that circulate in the community.
Please list any other measures of the impact of your innovation.
This innovation’s main measure of impact will be its replication to other models of similar activities. But, beyond that, other variables can be observed to help in this impact evaluation, such as: craftswomen’s income, amount of products crafted per month, volume of resources of the product sales finance fund, happiness of the craftswomen and their families.
Does your innovation address and/or change banking regulations?
No
How many people does your innovation serve or plan to serve? Exactly who will benefit from your innovation?
The idea of the project is to work with the families of 45 women associated to Broto Brasilis. We intend to increase the value gained by the families from 40% of minimum wage to 70% of minimum wage (R$ 290.50) in the first year and 100% minimum wage in the following year.
This Entry is about (Issues)
How is your initiative financed (or how do you expect your initiative will be financed)?
This initiative doesn’t exist at present. We hope it is financed by its own activities. Initially a fund is created which pays cash for the craftswomen’s products and as these products are sold, the resources return to the fund and will be used again to pay cash for the production of another craftswomen. And this way a feedback cycle is formed. A reducing index can furthermore be applied, which will permit the total volume of the fund to increase during time and enable each time more the financing of the product’s sales.
If known, provide information on your finances and organization:
Annual budget: R$18.000,00
Annual revenue generated: R$ 18.000
Number of staff (full-time, part-time, volunteers): 12 people.
What are the main financial barriers and how do you plan to address them?
The main obstacle is the selling of the products. For this, the community will have to mobilize itself to build a staff for attending clients and sales, besides seeking new channels for sale.
Aside from financial sustainability, how do you plan to grow the initiative?
This initiative will be applied to finance the sale of a set of 4 products manufactured by 45 craftswomen. In the future, we hope to expand it to a larger group of craftswomen and to finance a greater set of products.
Please select one
What was the motivation or defining moment that led to the creation of this innovation? Tell us the story.
In the rural neighborhood in which Broto Brasilis is acting there are many families who live in poverty, where the city’s HDI is 0.663 despite the region’s natural richness (forests, land and water). Many lands are destroyed by the intensive use of inappropriate practices of cattle producers and constant burnings. The youth is losing the accumulated knowledge of past generations about nature’s cycles and this way they can practice less impacting and more sustainable agriculture.
There is a great migration of youth to the urban region because besides the lost bond with past generations, many neighborhoods don’t have schools from 5th to 8th grade. Therefore, if a youngster doesn’t leave to the city he/she becomes dependent on a decaying process of agriculture.
We intend, through this project, to broaden Broto Brasilis Association’s universe of activities beyond sewing and food production, introducing agro-ecology and include youth, daughters and sons of producers who are already assisted.
This project is a small local initiative for organizing and training people to generate income with a group of women and young rural workers of Aiuruoca municipality.
Please provide a personal bio of the social innovator behind this initiative.
Adriana Galvao Medina, 48 years-old, sociologist from UNESP University in Araraquara, with a masters in Public Health from the University of Sao Paulo.
Worked in the field of culture, from 1991 to 1995 in the Image and Sound Museum in Sao Paulo coordinating the Documentation Department.
In Matutu Valley, took advantage of her professional experience in the cultural field and started Broto Brasilis’s work with a group of women concerned with the Valley’s environmental preservation and with the disappearance of traditional techniques of regional arts and crafts.
In Sao Paulo, worked in the Fundraising sector of the Women Education Network, where deepened knowledge in gender issues, acted in NGOs and Applications School of the University of Sao Paulo, developing training courses with the support of Solidarity Training Program, in the area of news and video, for teenagers of the outskirts.
By means of the masters at the Public Health Faculty, used methodological tools developed by her professor, Fernando Lefevre, to work with qualitative research analyzing collective discourse about Urban Violence and its causes.
a) Please identify the individuals that your innovation benefits (Please check all that apply)
Producers .
b) Do you help the people you serve to buy goods or services using financial innovation? If so, how?
This financial solution aims at rendering more liquidity to the craftswomen’s work. In other words, a job that would normally take some months to become money, can be paid immediately. Thereby, the craftswomen can use this resource to mobilize local economy and to invest in the production of new items which will be paid for immediately and again mobilize local economy, generating a cycle of growth and local development.
c) Do you help the people you serve to sell goods or services using financial innovation? If so, how?
The sale of products will be a fundamental step for the success of the innovation, because it will permit the renewal of financing funds for the craftswomen. This way, the faster the sales are, the greater are the available resources to pay cash for the craftswomen’s products and more resources will circulate in the local economy. Therefore, it will be necessary to organize the community in order to enhance the sales structure that already exists.
| Thais Barros said: Adriana, I´d like to thank you for your participation in this competition. Your project is very interested. I have a few questions ... about this idea. - 496 days ago read more > | |
| Thais Barros said: Adriana, Gostaria de agradecer a sua participação nessa competição. Achei o seu projeto muito interessante. Tenho algumas perguntas ... about this idea. - 502 days ago read more > |
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