
Nonprofit Works to Eradicate Poverty Through Business, Not Charity
I have had the pleasure of reporting from low-income countries in east Africa, Asia, and the Caribbean many times and have seen a multitude of poverty eradication efforts from organizations that are created by social entrepreneurs to those that are funded by foundations, corporations and countries’ developmental aid. No matter the organizations’ efforts, there are key poverty eradication tenets they all subscribe to: community buy-in (financial inclusion), women-based business opportunities, educational programs, and increased access to food, clean water and quality health care. When all of these aspects are combined they tend to gradually reduce community and familial poverty.
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