Page 37 - Sicredi Ingles Flipbook

people and small business owners without access to basic operations to manage their financial lives and their businesses.
Within this scenario, the implementation of policies and initiatives that promote finan- cial inclusion are considered tools to eradicate poverty and improve the living conditions in developing nations, like Brazil.
As a financial institution grounded on cooperative values, Sicredi plays an essential role in this process as, thanks to our ample
service network, we can provide financial
services in locations that traditional
entities usually don’t reach. Furthermore, we strive to meet demands for services and financial products that surpass the credit and savings needs of our members. Our solutions survey the suitability of formats, prices and channels of convenience in line with their expectations, guaranteeing significant financial impacts for members and communities
Greater security and transparency
In 2013 Sicredi concluded the integral auto-mation process for the Prevention of Money Laundering and Terrorist Financing, covering everything from the branches to the Sicredi Administrative Center – CAS. This is an important milestone in obtaining compliance best practices and excellence in operational security.
To this end, of note is the focused effort
on granting property financing, through
which the integration of Sicredi into the Housing Financial System (SFH, Portuguese abbreviation) allowed members to use their Government Severance Indemnity Fund (FGTS, Portuguese abbreviation) resources to purchase their own homes. Since the application of the pilot project, in 2013, the entire process for handling documents and approving operations is conducted online. We were thereby able to build equity for our members, through low-risk business.
Microcredit was another modality launched by the institution with a relevant financial impact, geared towards the needs of low-income individuals and small entrepreneurs, which currently make up the majority of our members, in terms of legal
Sicredi’s Trajectory and the Strength of Cooperation |
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