Poverty Cycle

What is cycle of Poverty?

The cycle of poverty has been described as a phenomenon where poor families become trapped in poverty for generations.

Because they have no or limited access to critical resources, such as

·         Education

·         Financial services

Subsequent generations are also impoverished

There are multiple cycles of poverty- based on, among other things,

·         Economic

·         Social

·         Spiritual and

·         Geographical factors

Many cycles overlap or perpetuate new cycles and therefore any attempt to depict the cycle of poverty will be far more simplistic than realistic.

The figure below shoes- in very simplistic terms- how a cycle of poverty related to hunger keeps a person or household poor in one the world’s developing countries.

 8+ Goals

In September 2000, Koffi Annan former general secretary of the united nations. He suggested that we could do something to end poverty. 189 countries agreed that by September 2015 we can achieve 8 goals towards ending global poverty.
1 - Eradicate extreme hunger and poverty
2 - Achieve universal primary education
3 - Promote gender equality and empower women
4 - Reduce child mortality
5 - Improve maternal health
6 - Combat Disease HIV/ AIDS, Malaria and other
7 - Ensure environmental sustainability
8 - Develop a global partnership for development