Social Income

Transparency builds trust.

Trust builds solidarity.

Since March 2020

6401 mobile money payments made

364 recipients empowered by a 3-year program

263 Active Recipients

3645 contributors donated a total of $520,130

How is Social Income funded?

Donations

$520,130

Total amount since March 2020

$452,250 contributions from

3629 Individuals

Already paid out: $209,390

To be paid out: $242,860

$67,880 contributions from

16 Institutions

Already used to cover costs: $55,820

To be used to cover costs: $12,060

Where are our contributors from?

We received contributions from 69 countries.

How are the funds used?

Expenses

$265,210

Total amount since March 2020

$209,390 paid out to 364 recipients

Last month: $7,970 to 263 recipients

To be paid out: $242,860

$55,820 Project Management Costs

Transaction Costs: $8,100

Delivery Costs: $3,250

Exchange Rate Loss: $11,780

Account Fees: $1,500

Local Staff: $14,460

Fundraising & Marketing: $7,000

Administrative Costs: $9,740

Reserves

$254,920

Total amount since March 2020

This covers payments for

300 recipients for 36 months

10791 recipients for 1 month

Reserves

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