Q&A: Batten professor helps launch World Refugee Fund
Monday, June 26, 2017
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
- Investing
- Tags
- lending, microfinance, refugees
