2. Introduction to poverty
Definition:A state or condition in which a
person or community lacks the financial
resources and essentials to enjoy a minimum
standard of life and well-being that's
considered acceptable in society.
At least 80% of humanity lives on less than $10 a
Almost half the world — over three billion people —
live on less than $2.50 a day.
The poorest 40 percent of the world’s population
accounts for 5 percent of global income. The richest
20 percent accounts for three-quarters of world
Based on enrollment data, about 72 million children
of primary school age in the developing world were
not in school in 2005; 57 per cent of them were girls.
And these are regarded as optimistic numbers.
5. Effects of Poverty:
The effects of poverty are serious. Children
who grow up in poverty suffer more persistent,
frequent, and severe health problems than do
children who grow up under better financial
Children raised in poverty tend to miss school
more often because of illness.
These children also have a much higher rate of
accidents than do other children, and they are
twice as likely to have sickness and disease.
6. Effects of Poverty
Homelessness, or extreme poverty, carries with
it a particularly strong set of risks for families,
Levels of stress in the family have also been
shown to correlate with economic
Studies during economic recessions indicate
that job loss and subsequent poverty are
associated with violence in families, including
child and elder abuse.
7. Actions to reduce poverty
End Poverty Now (EPN) is an volunteering
welfare organization which promotes to foster
a network of non-profits, volunteers, and
donors to fight poverty through communityled initiatives.
We believe in supporting sustainable
community-led projects that permanently lift
people out of poverty and build leadership,
assessment, administration, and physical skills
that can help people create future solutions
8. Actions to reduce poverty
Individuals - Muhammad Yunus' Grameen
Bank, a microfinance organization and
community development bank started in
Bangladesh. The Nobel Peace Prize 2006 was
awarded jointly to Muhammad Yunus and
The third of nine children, Yunus was born on
28 June 1940 to a Muslim family in the village
of BathuaHis father was Hazi Dula Mia
Shoudagar, a jeweler, and his mother was Sufia
Khatun. His early childhood was spent in the
9. Actions to reduce poverty
The Grameen Bank is a Nobel Peace Prizewinning microfinance organization and community
development bank founded in Bangladesh.
Grameen Bank originated in 1976, in the work of
Professor Muhammad Yunus, Professor
at University of Chittagong, who launched
a research project to study how to design a credit
delivery system to provide banking services to the
rural poor. Based on his positive results, in October
1983 the Grameen Bank was authorized by national
legislation as an independent bank.