Back to Portfolio page

Provi

Provi
Brazil
Education & Training
1 - No Poverty

The challenge

In Brazil, 13 million people are unemployed. Of these, 4.1 million are young adults (18 to 24 years old). Currently in Brazil, only those with credit history can take a loan; yet young people cannot create a history of payments if their student loan is not approved by the system

The innovation

Provi aims to break this cycle. It provides tailor-made credit at low to zero interest rates, enabling young people to undertake transformational courses. Provi partners with top educational players, focusing on short courses in skills that are highly applied in the market and lead to higher employability and increase in salary.

The impact

Over 1,800 students have already been offered accessible credit by Provi to perform life-changing courses. The majority of those are from lower-income backgrounds (51% from classes C, D or E), and have their own business or are seeking a first job or better remuneration. Provi’s loans are allowing these groups to gain increased education and achieve their professional goals.

Want to help us support social businesses?

Previous case

There is no previous post

Next case

There is no next post

Hasiru Dala Innovations

Virohan Institute

Ignis Careers

Waste Ventures

Cashpor

SMV Green

Sero

Finaktiva

Campo Vivo

Clearpath Coffee

Pomario

Escola do Mecânico

Morada da Floresta

PlantVerd

Provi

4YOU2

Assobio

Redação Online

Estante Mágica

Moradigna

ED Partners Africa

Farmers Fresh Zone

BURN Manufacturing

Alive & Kicking

Godson Commodities

Green Bio Energy

Spouts of Water

Ankole Coffee Producers Cooperative Union Ltd.

Tugende

Impact Water

Builders Products Industries

Greendipity

Meu Chapa

ED Partners

BridgeLabz

Instituto Muda

Acila Enterprises

Just Know Your Coffee Cup

Landmark Millers

EADC

Cycle Connect

Ankole Coffee Producers Cooperative Union (ACPCU)

Just Organik

Samhita

S4S Technologies

Rangsutra

IMIX

Eatcloud

Awake

Elepha

Clearpath

Cookie Consent

We use cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our cookies usage.