page_title: Banco Palmas
section_title: Bairro Escola de Trabalho ("Neighborhood Work School")
hierarchical_section_title: Banco Palmas / Social Projects / Bairro Escola de Trabalho ("Neighborhood Work School")
caption_attribution_description: English: A Bairro Escola student gaining work experience in a neighborhood commercial shop.
context_page_description: Banco Palmas is a Brazilian community bank founded in 1998 in Conjunto Palmeiras, a neighborhood of 32,000 inhabitants located in the suburbs of Fortaleza - Ceará, Brazil operating under the principle of the "Solidarity Socio-Economy."
  It is the first of currently 52 similarly structured community banks - also known as "community development banks" - throughout Brazil. It is managed locally by the Association of Residents of Conjunto Palmeira, known by its acronym ASMOCONP, the staff of which is mostly volunteer. Its mission is to implement programs and projects for work and income generation using solidarity economy systems primarily focused on overcoming urban and rural poverty. Its objective is to ensure micro-credits for local production and consumption with low interest rates and no requirements for registration, proof of income, or guarantor. Its mission is also to provide access to banking services to residents of poorer communities who generally would not otherwise have access to them in traditional banks, based on lack of credit history or financial collateral and/or physical distance.
context_section_description: Bairro Escola de Trabalho is a project of practical training, employment and income generation for youth aged 16 to 24 years old in which neighborhood businesses (commercial, service, etc.) train and employ young people in the community. More than 1,000 youth in the neighborhood and surrounding areas had participated within the first three years of the Program’s implementation.
  The objective of the Project is aimed toward the development of the district by involving youth living in social exclusion. It is believed that community-strengthening actions such as these have reduced rates of violence among young people from the moment they find themselves valued and integrated into the social and economic life of the community which is simultaneously responsible for the well being of the region where they live.
  Innovative Aspects of the Project: 
  Provides a wide range of vocational courses for young people;
  The training is customized: Each business can receive, at maximum, two trainees at a time;
  Increases the chances of post-course employment as the students are trained according to the specific needs and characteristics of the enterprises;
  The process of professional training is both an opportunity for meeting and integration among the various segments of the community;
  Stipends allocated to each student, thereby reducing training costs for the student and enabling the service to reach a greater number of young people.
  Project Components:
  TRAINING/INTERNSHIP - Professional training for students in businesses known as “training enterprises.”
  FINANCING - microcredit line up to R$3,000 granted by Banco Palmas, in partnership with Banco Popular do Brazil, to expand the “training enterprises,” and another credit line of up to R$15,000 for the incubation of new businesses for students who wish to start a collective productive enterprise.
  INCUBATOR - New collective business incubators created by students developing new links in supply chains.
caption: A Bairro Escola student gaining work experience in a neighborhood commercial shop.
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