RIN fellow Christine Mahoney is honored by the University of Virginia with a Public Impact-Focused Research Award for her work supporting the rights of displaced people locally, nationally and globally.
Kanyi Maqubela is an entrepreneur and venture capitalist based in New York. He was born in Soweto, a township outside of Johannesburg, South Africa, during apartheid. To escape this life-threatening environment, his family moved to the United States as refugees in 1986. In 2014, Kanyi and co-founder Steve Jang, raised $56 million to create Kindred Ventures.
2021 is set to be a year of transition — from the rollout of a COVID-19 vaccination to coping with the pandemic’s lingering impacts to a new presidential administration. The Refugee Investment Network is gearing up to expand its mission of inserting a refugee-oriented lens into investments.
In the United States, a person’s credit score is one of the strongest predictors of financial stability. This key to a strong future can also act as a roadblock to a secure life, especially for new Americans. When RIN and the IRC’s Center for Economic Opportunity launched the Social Impact Fund, the goal was in line with both organizations’ objectives: to help new Americans establish a financial foothold in the US.
The RIN-CEO Social Impact Fund (SIF) closed a $1.5M raise in October, reaching its initial target. The SIF was launched in partnership with the International Rescue Committee’s Center for Economic Opportunity (IRC-CEO) to offer impact investors a unique opportunity to secure a concessional rate of return while directly supporting financial inclusion for hundreds of refugees across the United States.
As the Trump administration was building walls and new restrictions, impact investors and innovative humanitarians were creating a marketplace of financing solutions for migrants and refugees.
After starting her own successful food business in Jordan, Fatimah began encouraging and advising other aspiring businesswomen in her community.
Reuters feature on a generation of refugees who have set up financial technology firms to help other refugees and migrants send money, access paperwork, and share information.
NextBillion profiles refugee entrepreneurs who have pivoted their food industry businesses during COVID-19 to weather the pandemic and help others.
A team of NYU grad students adapted RIN’s refugee investing lens to design the first Refugee Exchange-Traded Fund, winning the 2020 Kellogg-Morgan Stanley Sustainable Investing Challenge.
Read how refugee entrepreneur Ashley Tran quickly and creatively pivoted her business model in response to COVID-19 to garner traction nationwide and land a deal with Amazon.
A social impact and innovation contest called the BridgeBuilder Challenge identified five social enterprises globally who are making a difference for the more than 70 million displaced people around the world.