> For the complete documentation index, see [llms.txt](https://guide.geyser.fund/geyser-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.geyser.fund/geyser-docs/product-guides/impact-funds/recoverable-grants.md). # Recoverable Grants #### Recoverable Grants Reusable capital for local projects. Recoverable Grants help Field Partners deploy 0% interest capital to projects they have helped launch, promote, and support on the ground. The goal is to help projects grow, repay, and keep capital circulating where it is most needed. *** ### What are Recoverable Grants? #### Capital that can be repaid and redeployed Recoverable Grants are funding support for local projects that can be repaid over time with no interest and no debt burden. Unlike a one-time grant, recoverable capital can be reused for other projects. When a project repays, the capital can be redeployed to support more local projects. This helps the Impact Fund create ongoing impact instead of funding only one project once. *** ### Why they exist #### Local projects need capital they can access through trust In many cases, small businesses and social entrepreneurs need access to grants to scale and grow their initiatives. Access to capital is low in emerging markets, and often comes with exploitative loans. Recoverable Grants exist to bring Bitcoin capital, financial tooling, and community support to local realities. *** ### How Recoverable Grants work #### The model is built for trust, accountability, and reusable capital **1. Field Partners identify credible projects**\ Field Partners use their local network, workshops, and activities to find projects with real community context and proof of work. **2. Projects launch and build trust**\ Field Partners help projects onboard to Geyser, create campaigns, promote their work, and connect with contributors. **3. Recoverable capital is allocated**\ The Impact Fund helps Field Partners deploy recoverable grants to projects they support on the ground. **4. Projects grow and repay**\ Projects use the capital to grow. When funds are repaid, capital can be redeployed to future projects. *** ### ##Who allocates Recoverable Grants? #### Field Partners are closest to the work The Impact Fund pool of capital is being used to deploy capital to recoverable Grants. Field Partners are the execution engine that makes it work on the ground. They are best placed to identify credible projects because they understand the local context, know the people involved, and can support projects beyond the funding moment. *** ### Participate in a Recoverable Grants pilot in your area #### **Bring accessible 0% interest and no-debt obligation capital to your circular economy.** If you're interested in bringing Bitcoin recoverable grants to your local community answer this quick survey to see if you might be a good fit! {% embed url="" %} *** ### Why contribute? #### Help local capital keep moving Your contribution helps Field Partners support local projects with reusable capital. Instead of funding only one campaign, recoverable capital can continue circulating through the ecosystem as projects grow, repay, and make capital available again. Contribute to Impact Fund *** ### Suggested resource section #### Learn more * [Field Partner Program](/geyser-docs/product-guides/impact-funds/field-partners.md) * [Impact Fund Reports](/geyser-docs/product-guides/impact-funds.md) * [Afribit Kibera - Reusable Grant Case Study](/geyser-docs/product-guides/impact-funds/afribit-kibera-reusable-grant-case-study.md) --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://guide.geyser.fund/geyser-docs/product-guides/impact-funds/recoverable-grants.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.