The world population has increased to the highest level in the past decade. It is still growing with each passing day. Because of this rapid increase, the lack of resources, leading to extreme poverty, inequality, and lack of opportunities.
Sustainable Development Goals (SDGs) – The Key Guiding Principles for United Nations Development Program (UNDP)
To reduce these problems and nearly finish them from the root, United Nations developed the “Sustainable Development Goals,” adopted by 193 countries in 2015. The primary purpose of this plan is to protect the world and make it a better place for all human beings. United Nations focuses on the schedule that “no one shall be left behind” and believes in achieving these goals by 2030.
The 17 Sustainable Development Goals
The 17 SDGs are interconnected to recognize that actions in one area affect outcomes in others and that development must balance social, economic, and environmental sustainability. UN says it can only happen with enormous selfless efforts, determination towards the cause, and quickly adapting to changing trends. The 17 Sustainable Development Goals are as follows:
- No poverty
- Zero hunger
- Good health and well-being
- Quality education
- Gender equality
- Clean water and sanitation
- Affordable and clean energy
- Decent work and economic growth
- Industry, innovation, and infrastructure
- Reduced inequalities
- Sustainable cities and communities
- Responsible consumption and production
- Climate action
- Life below water
- Life on land
- Peace, justice, and strong institutions
- Partnerships for the goals
InstaKin Endeavoring to Support the Cause
As a Social Impact Platform bringing transparency for migrant communities, InstaKin is endeavoring to support this necessary cause. It has been working on multiple proposed plans in the above-given goals, especially goals 17 and 10 (10. c).
InstaKin is providing many services for overseas migrants to protect the utilization of their remittances. InstaKin has started the platform, keeping in mind that UN SDG goal 10 (10. c) also reduces transaction costs to less than 3%. InstaKin is working for the betterment worldwide through the following work:
Strengthening financial ties
InstaKin is working to strengthen the financial ties between countries. It will eventually help develop a world full of opportunities and stable financial conditions that will gradually eliminate poverty.
Direct Access to service–provider’s back home
InstaKin understands the situation of migrants who work hard for their families and at the same time have to take care of the essential tasks back home. That’s why it is progressing towards making the lives of overseas workers much more accessible by providing them access to qualified and specialized vendors for their tasks which they want to be done back home. The transaction procedure of InstaKin is advanced and, at the same time, accessible. Transactions can be done directly from an account or via credit card too. InstaKin also makes sure that the money is used only for the purpose it is sent for.
Most of the time, people living overseas find it challenging to trust vendors from far away. This is because there’s always a risk of fraud and misuse of money. InstaKin provides people with the most authentic and verified vendors at many affordable costs to reduce this risk. In addition, InstaKin is reliable because it keeps the person who hires in touch with the vendor engaged for the work all the time and keeps the hiring party updated with all the progress of the work.
Globally, the cost of remittances is 6.38% on an average of the amount which is sent. InstaKin provides relief to overseas workers and is one of the prominent platforms in which no extra cost is charged when people send their remittances to their homeland.
Financial Access to Migrants
InstaKin also facilitates migrants with financial access. It has introduced another essential service like financial banking, through which sending and receiving money has become more accessible. So now people living overseas can work freely without any stress.
As we know that migrants have to suffer many hardships when they relocate, it’s challenging, but migrants do so to make the future better for themselves and their families back home. The remittances sent by workers from overseas to their homeland drastically increased worldwide in the past decade. These remittances are the source of financial backup, which can be utilized in critical situations. Another fact is that people who migrate for work do not always go to high-income countries but to middle-income countries, making those countries a great source of remittance.