Impact

RIO - Unconditional Basic Income Fund

The Unconditional Basic Income fund is a crypto currency based fund that gives refugees and migrants $1.50 daily to help cater for the immediate and basic needs of refugees and migrants in Africa, Asia, and the Middle East.


This UBI fund is presently open to 16,500 refugees and migrants. With each beneficiary being eligible to $400, nearly $7,000,000 has been raised so far. The programme is funded by the Celo Foundation, housed on ImpactMarket, and managed by the Refugee Integration Organisation. 


Presently, the beneficiary communities are the Kakuma Refugee Camp, Kenya, the Krisan and Ampain Refugee camps, Ghana, Goa, Chennai, Bangalore, Mumbai, Delhi, Pune, Padhar, Madhya Pradesh.