Please describe how your project has been successful and how that success is measured
Solidarium works to increase the income from its direct beneficiaries to the equivalent of 1 minimum wage ($265) per month. Currently, Solidarium generates $70 per direct beneficiarie, in average. This increase results from a set of activities such as growth of sales in retailers, an increment of production capacity and an increase in the number of products developed. With a greater income, they are able to move out the poverty line, improve its health and from its family, provide a better education for its children, improve its housing and finally, to inspire other people to become part of this network.
Solidarium has a monitoring system called DASH BOARD. In this system, we follow the main results generated by the company both in the social and economic sides such as Income, Direct Beneficiaries, Indirect Beneficiaries. This system is monitored monthly and integrated into a spreadsheet. The results are printed and shown to the entire organization. Furthermore, we cross the monthly goals with the results obtained to evaluate the performance of Solidarium considering the actions and goals previously outlined. This analysis results in the redesign or maintenance of our Impact Strategy considering the short, medium and long term.
How will your project evolve over the next three years?
The next major milestones of Solidarium are related to (1)expansion of commercial agreements, (2)increase sales of our E-Commerce and (3)strengthening our production network. (1)To make E-Solidário Walmart a channel widely recognized by the consumers of Solidarium. For this, Solidarium will have to develop an innovative communication approach focused on results. (2) To fullfil the commercial agreement with Natura (the largest door-to-door cosmetics manufacturer in Brazil), which will demand about 50k shopping bags per month. (3) To qualify Allied Organizations which will work with Income Generation and Fair Trade as a way to broaden our impact and share the market channels opened by Solidarium.