Social Income

Transparency builds trust.

Trust builds solidarity.

Since March 2020

6138 mobile money payments made

365 recipients empowered by a 3-year program

264 Active Recipients

3641 contributors donated a total of $512,070

How is Social Income funded?

Donations

$512,070

Total amount since March 2020

$445,040 contributions from

3625 Individuals

Already paid out: $198,870

To be paid out: $246,170

$67,020 contributions from

16 Institutions

Already used to cover costs: $55,120

To be used to cover costs: $11,910

Where are our contributors from?

We received contributions from 69 countries.

How are the funds used?

Expenses

$253,990

Total amount since March 2020

$198,870 paid out to 264 recipients

Last month: $5,290 to 173 recipients

To be paid out: $246,170

$55,120 Project Management Costs

Transaction Costs: $8,000

Delivery Costs: $3,210

Exchange Rate Loss: $11,630

Account Fees: $1,480

Local Staff: $14,270

Fundraising & Marketing: $6,910

Administrative Costs: $9,620

Reserves

$258,080

Total amount since March 2020

This covers payments for

300 recipients for 36 months

10817 recipients for 1 month

Reserves

We keep liquid funds to make sure we can cover payments over multiple months without being dependent on contributions.