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According to the World Bank Research Group’s report on poverty, the UN Millennium Goal to end extreme poverty is well ahead of schedule. Tom Coleman, CEO and founder of the Bottom Billion Fund, shares greater detail and perspective on the recent report and what the implications are for continued progress.
The Bottom Billion Fund is a microfinance institution focused on including the “bottom billion” of the world living in extreme poverty. Ten million people die every year from conditions of extreme poverty. That’s 1000 every hour, far greater in number than any other disease or political conflict. To make it worse, each death is preventable and unnecessary. We have the resources and ability to eradicate extreme poverty.
Micro finance institutions (MFI) often work with people living in poverty with daily income $2 or above, but working with those living on $1.25 or less is more problematic. Issues of accessibility, education, health and other issues combine to make it more difficult to reach those living in these extreme conditions of poverty. Still, we have the ability and resources to do so.
To learn the 7 steps you, personally can take to help eradicate extreme poverty, click here to read our Socially Conscious blog.
nice post …..