Posts Tagged ‘Economic Development’
COVID and the Issues: Economic Development
We know many of you are concerned about how World Relief’s programs and the vulnerable people we serve around the world have been impacted by COVID-19. It’s been reported that 500 million more people could be pushed into extreme poverty as a result of the coronavirus pandemic. In the first of our six-week video series,…
Read MoreAgricultural Development – A Story from Haiti
In 2011, a year after Haiti’s most devastating earthquake, Monique Lewis bought 500 baby chicks and launched her own chicken farm. Since then, this mother of three has transformed her small start-up into a booming poultry operation where she raises, processes and sells thousands of chickens each year.
Read MoreHere and There
After years of violent warfare, a fragile peace shrouds the beauty of the Democratic Republic of Congo – but this peace is often shattered as conflicts continue to flare up. Over 2 million Congolese women, men and children have been forced to flee across their country, and more than 400,000 have sought refuge in countries…
Read MoreSavings is HOPE
The Democratic Republic of Congo (DR Congo) is one of the poorest places in the world. In a country where more than 70% of the population live below the national poverty line and war has led to over 5 million deaths, hope can seem lost. But resilient Congolese women, men and children are working for…
Read MoreSavings is RESTORATION
Poverty runs deep in Rwanda. Even though this country has made signifiant social and economic progress over the last decade, the vast majority of Rwandans live in rural areas and struggle with severe financial hardships. Of the 87% of Rwandans who do not live in cities, 48.7% live below the national poverty line. Living in…
Read MoreSavings is STRONG MARRIAGES
Marriage. A sacred bond between a man and a woman. A bringing together of two people who choose to love one another. A divinely instituted covenant. These definitions give a pleasant picture of what marriage can be. But as we all know, relationships of any kind have their challenges. And most married couples will tell…
Read MoreSavings is _______
By wisdom a house is built, and through understanding it is established; through knowledge its rooms are filled with rare and beautiful treasures. – Proverbs 24:3-4 Savings is more than just money – it’s freedom, empowerment, and community. And for Lana Sitole, a Kenyan mother of ten, Savings for Life also marks the start of…
Read MoreSavings for Life – Empowering the Poor in Rwanda
Rwanda is a small country with one of the highest population densities in Africa (USAID, 2013). It is also one of the poorest countries, but it has made significant progress since the 1994 Genocide against the Tutsi that killed nearly 800,000 people (USAID, 2013). Poverty has dropped from 56.7 percent in 2006 to 44.9 percent…
Read MoreSavings For Life: Financial Opportunity for the World’s Most Vulnerable
The world’s poorest have a tremendous capacity and willingness to save and protect assets when financial institutions cannot serve them. They save to meet social obligations, to prepare for emergencies, to start or expand small businesses and to respond to seasonal changes in cash flow. However, the lack of banks in rural areas often leads…
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