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Finance and Economy: Nina Silva

Aline Fonseca2020

WOW - Women of the World Foundation

WOW - Women of the World Foundation

"“Black Money” is a movement, created by my partner Alan Soares and I, that emerged to balance power relations in Brazil, with regard to the Black population. After all, money is an instrument of power, and there is no need to carry out extensive research to reach this conclusion, just look around to realize that those who have more money have advantages over those who do not.

The Black Money Movement is a hub for innovation and fostering entrepreneurship with a focus on the black communities. The intention is to make the money circulate and stay longer among black people before going into the hands of other ethnic groups, bringing more economic strength to our people. We can say that the profile of Afro-entrepreneurs in Brazil are mostly women (52%), less than 40 years old (69%). We are the micro-entrepreneurial majority, but we have not solved the problem of unemployment among the black population (67% unemployed in the country). We’ve been working consistently to turn this table around in the short and long run and make Brazilian society more equal in the intersection of race, money and power."

Considered by the UN one of the top 100 most influential African Descendent under 40 Latin America, Nina Silva is an IT expert and a black woman who was born and raised in a peripheral community in Brazil. After a burnout, she turned her career around with a purpose driven action and started investing in Business and Activism. She is the founder of the Black Money Movement in Brazil, a network that empowers black people, foster education and entrepreneurship, and create business opportunities for the Brazilian black community.

Details

  • Title: Finance and Economy: Nina Silva
  • Creator: Aline Fonseca
  • Date Created: 2020
  • Location Created: Rio de Janeiro, Brazil

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