Monday
June 26
2017

Q&A: Batten professor helps launch World Refugee Fund

Co-founded by John Kluge and Batten Assoc. Prof. Christine Mahoney, the Alight Fund partnered with micro-loan non-profit Kiva to launch the World Refugee Fund in honor of World Refugee Day.

Mahoney, also the director of Social Entrepreneurship at the University and author of “Failure and Hope: Fighting for the Rights of the Forcibly Displaced,” co-founded the Alight Fund with her husband as a for-profit investment fund to support refugee and host community entrepreneurs.

Kiva is a nonprofit that grants micro-loans to developing countries. In 2016, the company lent $1 million in crowdfunding to refugee entrepreneurs.

Source: The Cavalier Daily (link opens in a new window)

Categories
Entrepreneurship, Investing
Tags
Kiva, lending, microfinance, microloan, migration, refugees, social entrepreneurship