impactMarket is an open, free, borderless, censorship-resistant, and transparent crowdfinance infrastructure to fight poverty. It operates on top of Celo protocol, uses cUSD (Celo Dollar) as the main underlying digital currency, and runs autonomously through smart contracts.
RIO - Kakuma Refugee Camp
The Kakuma Refugee Camp, the world’s largest camp with over a 184,000 people, now has Unconditional Basic Income (UBI) which is presently available to 5000 refugees. Kakuma is mostly populated by asylum seekers from war-stricken- Somalia, South Sudan, and Ethiopia. The over-populated community faces very harsh weathers, outbreaks of diseases and poisonous animals. The programme is overseen by the Refugee Integration Organisation (RIO), & managed by the Kakuma Hub of the Global Shapers Community, World Economic Forum. The UBI is distributed using Celo Dollar, a crypto currency, and housed on the ImpactMarket and Valora apps. UBI Kakuma Refugee Camp was introduced by the Refugee Integration Organisation
Manager since Mar 6, 2021
Manager since Apr 11, 2021
Beneficiaries from different communities can claim $cUSD on a regular basis from their community contracts. UBI parameters take into consideration their beneficiaries' basic needs, and assessment by local social organizations and community leaders.
Anyone can back those communities by sending $cUSD (Celo Dollar) directly to their contracts. This measures global monthly inflow, and its rate vs distribution.
Monthly Economic Development
Main indicators on beneficiaries' direct financial activity including volume transacted last month, number of transactions, and how many people they have reached/transacted with.