The International Organization for Migration (IOM) provides refugees with a travel loan for transportation cost to the U.S. The travel loan is an interest-free loan made to refugees to pay for the cost of travel. Refugees are required to sign a promissory note to repay it before traveling to the U.S.
Per agreement with The International Organization for Migration (IOM), World Relief has a period of five years to collect on a loan. Once this time period has lapsed, the loan is transferred to IOM for further collections.
All World Relief clients will receive their first billing statement in the fifth month after arrival. If the client has relocated to a new address prior to this date, it is imperative that the travel loan department is supplied with the new address before the billing period.
Keep reading about Travel Loans on our website.