We bridge the gap between private sector companies, that want to support the UN Sustainable Development Goals, and community-embedded groups looking for microloans.
Our story, and therefore our pilot project, starts with the Bidibidi refugee settlement in
Uganda. In partnership with the local organization "Afri-Youth Network" we are identifying specific business opportunities using a human-centered approach. Our team offers access to information, such as how to create a simple business plan, what is a realistic timeline, how to structure a financial plan, and tools to accompany the microloan.
Contrary to banks, private sector companies will give donations. Thus, the loans don't have to be paid back to the companies or us, but stay within the community, going to the next project. This way, we are creating a ripple effect.
We believe everyone can create their future and change the world - we are here to help jumpstart that process.
Why we do this
Our story starts with Malish James, a refugee, storyteller and founder of the Afri-Youth Network in Uganda’s Bidibidi refugee settlement. Exploring the challenges in Bidibidi with Malish, we discovered a problem we want to solve:
While the refugees in the community receive food aid from international organizations, they struggle to afford other basic commodities, such as new clothes for their children. So rather than eat the food, they need to exchange it in order to supply their basic needs. Instead of having to use food as a
currency, we want to empower them to identify other sources of income.
We want to see a world in which everyone has the means to create the life they dream of. By using a combination of human-centered approaches, storytelling and a digital platform, we want to raise donations from the private sector and distribute these as microloans in underserved communities. Instead of having to pay back the loan to a bank, the loan has to be paid back to the community. This way, the money can go to the next project, creating a ripple effect.