Palmas Bank
The Palmas Institute of Development and Solidarity Socioeconomy created the Palmas Bank to fight poverty in Conjunto Palmeira, a neighborhood of Fortaleza where 80 percent of residents have a family income of less than US$600.00 a month. The institution’s goals are poverty eradication, economic development, community organization, stimulus for potential local businesses, and the creation of jobs and income through a community economic circuit.
Institution responsible:
Palmas Institute of Development and Solidarity Socioeconomy—Fortaleza, Ceará (Instituto Palmas de Desenvolvimento e Socioeconomia Solidária – Fortaleza, CE)
Video about the project:
Watch the video
Additional information:
ODM Brasil website
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