Wednesday, June 18, 2008

WHAT IS POVERTY?

Poverty is a situation where by a man can not fend for his family,when a family is living below $1 per day. A situation where the square meal has been reduced to 0-0-1 or 0-1-1,unable to purchase immediate needs within the family.

Inability to pay for the children school fees, house rent etc.

APPROACH TO ERADICATE POVERTY.

1. GOVERNMENT.

2. SOCIETY.

.3. INDIVIDUAL

GOVERNMENT: It is the full responsility of the Government to provide an enabling environment for individuals or corporate organization to use in eradicating poverty. Such an enabling environment is by putting a legislative frame work that can enable the organisations, Multi-Nationals and the communities to take care of the immediate needs of people within their environment, such needs are: good roads, guaranty drinkable water availablity and unit errupted power supply, with all these in place and more the Government is

providing an enabling environment for the people to set up a cottage and small scale industries within their immediate communities, with that individuals and families will be assured of a working empowerment and can go a ling way to eradicate poverty.

FINANCIAL FRAME WORK: The Government can through this create an enabling environment for individuals to have access to soft loan in setting up of economical empowerment within their immediate needs and environment such as: Agricultural loan, Cottage industrial loan, Small scale industrial loan etc.

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