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Sep 20, 2016 10:49 AM ET

Archived: Brazil: Assobio – A loan of $30,000 helps to build a nursery for rare and endangered plants and trees.

iCrowdNewswire - Sep 20, 2016


Botucatu, Brazil / Agriculture
Borrower image
Borrower image

Assobio’s story


Marina is passionate about the rainforest and the people, plants and animals that live there. Between May 2000 and August 2006, Brazil lost nearly 150,000 square kilometres of forest, an area larger than Greece. Growing up in the Amazon, Marina saw first hand the impact human activity had on the forest and was determined to work to reverse its negative effects.

Marina started Assobio , a Social Business that aims to tackle deforestation through commercial plantation programs, run on behalf of businesses required under environmental laws to replace any forest they use. Assobio also provides training and education on the proper stewardship of native rainforest and offers employment opportunities through its reforestation programs to the most disadvantaged members of local communities.

Marina and Geysa, the founders of Assobio, believe that “Things can’t go on this way anymore. If we want future generations to remain and thrive in Brazil’s rainforests, we need to change our habits and attitudes. To us, changing the world means achieving a balance between humans and the environment.” This Kiva loan will be invested in new offices for the company that double as a nursery for rare and endangered rainforest forest plant species, essential for Assobio’s expansion and impact generation. 

This loan is special because:

It funds small and medium enterprises that can create jobs but are riskier. 

Kiva staff

More about this loan 

About Yunus Social Business (YSB):

Co-founded by Nobel Prize laureate Muhammad Yunus, Yunus Social Business (YSB) , is the international implementation arm for social business, headquartered in Frankfurt, Germany. Its primary activity is to initiate and manage Social Business Incubator Funds that create livelihoods and employment opportunities in vulnerable and underserved communities by supporting market-orientated and self-sustainable social businesses that are designed to address a pressing social need.

YSB is raising funds for its social businesses on Kiva. Because large amounts of credit are required, some social business loans will be raised only partially on Kiva, with the rest of the money coming from other investors in YSB.

A loan of $30,000 helps to build a nursery for rare and endangered plants and trees.

Contact Information:


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