Canva's billionaire founders donated $150 million directly to the poorest of this East African country, marking the largest unconditional cash program ever to a low-income country
- Canva billionaires and couple Melanie Perkins and Cliff Obrecht have made a move challenging conventional aid by putting cash directly into the hands of an East African country's poorest households.
- The cofounders of the Australian design software maker are investing a whopping $150 million into a cash transfer program in Malawi.
- Since launching the initiative in 2021 through the Canva Foundation and nonprofit GiveDirectly, the couple has expanded what began as a $10 million pilot into the largest unconditional cash transfer program ever attempted in a low-income country.
Unverified
- Canva billionaires and couple Melanie Perkins and Cliff Obrecht have made a move challenging conventional aid by putting cash directly into the hands of an East African country's poorest households.
- The cofounders of the Australian design software maker are investing a whopping $150 million into a cash transfer program in Malawi.
- Since launching the initiative in 2021 through the Canva Foundation and nonprofit GiveDirectly, the couple has expanded what began as a $10 million pilot into the largest unconditional cash transfer program ever attempted in a low-income country.
Sources: Times of India