IQI continues partnership with social impact fund Wakibi

January 05 2023 - News

Looking back on yet another successful year, IQI has decided to continue its strategic partnership with the Dutch microfinancing platform Wakibi throughout 2023. For every euro we initially donated to the fund, the social impact was already over four times bigger in 2022. Wakibi has a partnership with the international nonprofit organization Kiva. All of their projects are set up to support the Sustainable Development Goals (SDGs) set by the United Nations (UN).

Social responsibility

IQI started the partnership with Wakibi in 2021 as an alternative to traditional holiday gifts. Being a socially responsible company, this is a wonderful opportunity for us to empower people in less developed countries to improve their lives and at the same time make real impact in a sustainable way. In 2022, we have supported over 65 projects around the world through Wakibi.

Numbers indicating success

As most recent numbers show, Wakibi’s impact has once more grown in 2022. Of the initial €4,000 that IQI donated to the fund in 2021, Wakibi supported 65 projects and 325 people in 20 different countries throughout 2022. The total social impact reached €17,260. Since all loans are paid back with a small interest and are then re-used to help other entrepreneurs, the overall social impact of our initial donation will most likely grow further in 2023.

Progress of activities in 2023

Given the wide reach and the effectiveness of Wakibi, IQI has decided to keep supporting the fund in empowering entrepreneurs from less developed countries. By doing so, we aim to improve their lives and at the same time make real impact in a sustainable way. In the course of 2023 we will report again on the progress of our activities. Looking back on yet another successful year, IQI has decided to continue its strategic partnership with the Dutch microfinancing platform Wakibi throughout 2023. For every euro we initially donated to the fund, the social impact was already over four times bigger in 2022. Wakibi has a partnership with the international nonprofit organization Kiva. All of their projects are set up to support the Sustainable Development Goals (SDGs) set by the United Nations (UN).

Social responsibility

IQI started the partnership with Wakibi in 2021 as an alternative to traditional holiday gifts. Being a socially responsible company, this is a wonderful opportunity for us to empower people in less developed countries to improve their lives and at the same time make real impact in a sustainable way. In 2022, we have supported over 65 projects around the world through Wakibi.

Numbers indicating success

As most recent numbers show, Wakibi’s impact has once more grown in 2022. Of the initial €4,000 that IQI donated to the fund in 2021, Wakibi supported 65 projects and 325 people in 20 different countries throughout 2022. The total social impact reached €17,260. Since all loans are paid back with a small interest and are then re-used to help other entrepreneurs, the overall social impact of our initial donation will most likely grow further in 2023.

Progress of activities in 2023

Given the wide reach and the effectiveness of Wakibi, IQI has decided to keep supporting the fund in empowering entrepreneurs from less developed countries. By doing so, we aim to improve their lives and at the same time make real impact in a sustainable way. In the course of 2023 we will report again on the progress of our activities.