Cisco Systems has partnered with the International Rescue Committee and Ocalenie Foundation to empower refugees, migrants, and internally displaced persons through technology. On World Refugee Day, they highlighted two initiatives: Signpost and SAFE. Signpost has reached 16 million users in over 30 countries, providing critical information in 15 languages. SAFE has supported over 2,000 refugees in the U.S. with financial coaching and loans, leading to improved financial stability. Ocalenie Foundation offers digital and skills training to refugees in Poland, benefitting 175 individuals so far.
The Signpost program, supported by Cisco since 2015, has been implemented globally and has reached 16 million unique users across 30 countries. It provides vital information to refugees in their preferred languages, empowering them to make informed decisions during crises. The SAFE program in the U.S. has approved 982 loans totaling $6.9 million with a 97% repayment rate, leading to participants achieving an average FICO score of 702. The Ocalenie Foundation in Poland has helped 175 refugees with 80% completing courses and 50% advancing in employment.
Despite these positive initiatives, the UN reported an increase in refugee displacement to 120 million in 2024 from 114 million in 2023. World Refugee Day 2024 emphasizes the importance of supporting refugees and creating a more inclusive global community. The partnership between Cisco and these organizations aims to drive impact and support vulnerable populations worldwide.
Through the SAFE program, over 2,000 refugees have received financial coaching and loans, leading to improved financial stability and an average FICO score of 702 for participants. The Ocalenie Foundation in Poland has supported 175 refugees through digital and skills training, with 80% completing courses and 50% advancing in employment.
Overall, Cisco’s partnerships with the International Rescue Committee and Ocalenie Foundation are making a positive impact on the lives of refugees, migrants, and internally displaced persons. By leveraging technology and financial aid, these initiatives are helping vulnerable populations access essential resources and work towards long-term resilience and economic security. World Refugee Day serves as a reminder of the ongoing challenges faced by refugees and the importance of supporting them to build a brighter future.
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