As an enterprising IT company with a social foundation, Dialog Group wants to contribute to entrepreneurs around the world. This way they can build a better and sustainable future on their own. We have recently become a proud partner of Wakibi. Wakibi is a non-profit organization that provides small loans to entrepreneurs in developing countries through its platform. Wakibi responds to the wishes of socially involved Dutch people. This is increasingly focused on transparency and effectiveness for charities and is therefore open to personal support that contributes 100% to the goal.
About Wakibi
Wakibi is a non-profit organization that provides small loans to entrepreneurs in developing countries through its platform. Wakibi responds to the wishes of socially involved Dutch people. This is increasingly focused on transparency and effectiveness for charities and is therefore open to personal support that contributes 100% to the goal. Participants can decide for themselves which project/entrepreneur they want to lend money to and see how the project is progressing. When the loan is repaid, the money can be provided to another project. On average, 98,4% of loans are repaid with an average repayment term of one year. That 1.6% is often the cause of natural disasters or wars.
Wakibi does not charge interest and does not retain any organizational costs on the loans and is unique in this regard
No profit motive
Wakibi does not charge interest and does not retain any organizational costs on the loans and is unique in this regard. 100% of the money from the loan goes to the project, Wakibi is not a profit-making organization. Wakibi has now helped more than 70.000 entrepreneurs in 81 countries with more than one million euros in loans. Wakibi is active across various sectors (e.g. agriculture, food, construction, clean water, education & housing).
Self-reliance is central to Wakibi in the fight against poverty. Wakibi is committed to giving entrepreneurs in developing countries the opportunity to build an independent life. The transition from neediness to self-sufficiency not only has an effect on poverty reduction, but goes hand-in-hand with social improvements, it has a clear snowball effect on the environment, health and medical care (doctor can be paid), education (school fees can be paid). ), entrepreneurship, women's empowerment, sustainable economic conditions and reducing corruption and conflict. Wakibi is powered by KIVA.
* The translations on this website are provided by G-Translate from Dutch
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