Social Income is an initiative in solidarity that aims to connect people across the world through small, impactful donations.
If you think about it, we already have everything we need to offset inequality: those who can help and those who can use it. All we need to do now is bring them together.
That’s where Social Income comes in ― to carry out a direct redistribution of wealth based on solidarity and enabled by technology.
Social Income won’t end structural inequality once and for all. But it will build a foundation for real change, helping those in need and giving everyone a chance to contribute to a fairer future.
By asking for a modest contribution of 1%, we make it possible for people from all walks of life to participate.
From you to someone in need. This is solidarity.
Made possible by the rise of mobile banking in Africa.
Social Income payments are sent directly to recipients’ mobile phones.
The amount disbursed is determined by the average salary where recipients live.
To be effective, it corresponds to at least 30% of typical monthly wages in the location where it is sent.
We work where we can make an impact. Sierra Leone.
We've started helping recipients in Sierra Leone, one of the poorest countries on Earth. There, a small donation can go a long way.
Average income in Sierra Leone: USD 45 per month
World Bank, 2018 (GDP nominal per capita)
As of March 2020, recipients each get USD 30 per month, guaranteed for three years.
We started our Pilot Phase and paid out Social Income to a small community in Freetown, Sierra Leone.
We started our Development Phase and worked with up to 40 recipients and optimized our payment process.
We reached our Public Phase and are progressively rolling out Social Income to recipients and contributors on a larger scale.
Contributors will be able to make adjustments to their payment plans online.
We have established a method and a set of qualitative and quantitative criteria to measure the project’s impact by. Now we are refining it with the help of our recipients.
We are developing a new mobile app to facilitate the onboarding and management of recipients with a smartphone.
Slated for Feb 2022