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May 11 2021 - News
In January 2021, IQI became a strategic partner of the Dutch microfinancing platform Wakibi. We would like to give our partners and customers insight into the projects we have supported so far. In the first quarter of this year, our social impact fund at Wakibi has increased from €4,000 to €5,050. As soon as enough money from the microloans has been paid off, this is directly used to issue new microloans – thereby increasing our social impact. So far, our social impact fund has been used to support 15 projects by providing micro credit loans to entrepreneurs in 9 different countries across South America, Africa, Central and South East Asia.
We would like to introduce a few of them:
By investing in their environmentally friendly projects in food and agriculture, our social impact fund has helped to improve the lives of 75 people. For IQI, as a socially responsible company, this is a wonderful opportunity to empower people in less developed countries to improve their lives and at the same time make real impact in a sustainable way.