Sistaco

Sistaco started in May 2011 after a gap was found in the accessories market for affordable statement pieces that are fashionable for all ages. The name Sistaco came about after it was decided that the business wanted to support women, not just in Australia but in less fortunate countries as well. A company run by women, for women, means that a large part of the philosophy is to inspire women to be themselves and to be strong, independent and confident. This philosophy is not only met through the confidence women gain in wearing the product, but through education, inspiring stories and the knowledge that they are supporting something bigger than themselves. After much deliberation, the first charity Sistaco is supporting is Awaken Mozambique. Awaken Mozambique is a 'not for profit' organisation that provides women in the African country of Mozambique the chance to realise their own dreams, by starting a business through micro-financing. A lot of these women are the only means of income for their family and are often providing for children from other families where there are no surviving parents. Not only are the women assisted financially, but part of the package includes business education, teaching them techniques such as budgeting, purchasing and salaries. This form of charity work has proven results and not only affects the person receiving the loan, but also their family and the community around them. Sistaco will support individual women in Mozambique and will provide step by step case studies on the business they start and the change it is making in their and their children's lives. The first two women we have supported with microloans are: ADELINA Adelina is 37 years of age. She is married with 5 children 4 of whom are at school. There is one family member living with them. Her husband currently earns $100 per month and is the only income earner. In the past Adelina has sold bananas and oranges but would like to start a canteen. Through Awaken Mozambique, Sistaco have helped Adelina realise her dream of starting a canteen through our first loan with the organisation. We look forward to sharing with you the progress of Adelina's business and how it changes her life.