Social Income

Transparency builds trust.

Trust builds solidarity.

Since March 2020

6664 mobile money payments made

364 recipients empowered by a 3-year program

252 Active Recipients

3663 contributors donated a total of $528,600

How is Social Income funded?

Donations

$528,600

Total amount since March 2020

$461,360 contributions from

3647 Individuals

Already paid out: $215,390

To be paid out: $245,970

$67,240 contributions from

16 Institutions

Already used to cover costs: $68,540

To be used to cover costs: -$1,300

Where are our contributors from?

We received contributions from 71 countries.

How are the funds used?

Expenses

$283,930

Total amount since March 2020

$215,390 paid out to 364 recipients

Last month: $7,990 to 263 recipients

To be paid out: $245,970

$68,540 Project Management Costs

Transaction Costs: $13,870

Delivery Costs: $4,820

Exchange Rate Loss: $11,350

Account Fees: $1,970

Local Staff: $19,940

Fundraising & Marketing: $6,940

Administrative Costs: $9,650

Reserves

$244,670

Total amount since March 2020

This covers payments for

284 recipients for 36 months

10210 recipients for 1 month

Reserves

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