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Citizenship 2: Stop Poverty

  1. Citizenship 2: Stop Poverty! Anthony Ardi Leroy Ong Perumal Akilesh Winston Liu
  2. What is Poverty?  Poverty is the state where a person or a group of persons lacks sufficient money or resources to live at a standard considered comfortable or normal in a society.  Poverty is a serious problem in our society. More than half of the people in the world live in poverty (less than $2.50 a day).
  3. Poverty in the World  There are 2.2 billion children in the World. Out of these 2.2 billion, 1 billion of them are living in poverty.  1 in 3 children do not live in an adequate shelter. On top of that, according to UNICEF statistics, more than 22 thousand children die every day due to poverty. This adds up to more than 8 million children dying due to poverty annually.  The richest 20% of the population account for 75% of all the wealth in the World.
  4. Professor Muhammad Yunus  Prof. Muhammad Yunus, Nobel Laureate of the Nobel Peace Prize 2006 along with Grameen Bank, which he founded.  Muhammad Yunus found that it was possible with tiny amounts of money not only to help those who suffer from debts survive, but also to create the spark of personal initiative and enterprise necessary to pull themselves out of poverty.
  5. Professor Muhammad Yunus  Muhammad Yunus and Grameen Bank were awarded the Nobel Peace Prize for 2006 for their work to "create economic and social development from below". Grameen Bank's objective since its establishment in 1983 has been to grant poor people small loans on easy terms – known as micro-credit.  According to Yunus, poverty means being deprived of all human value. He regards micro-credit both as a human right and as an effective means of emerging from poverty: Lend the poor money in amounts which suit them, teach them a few basic financial principles, and they generally manage on their own.
  6. Grameen Bank  On any working day Grameen collects an average of $1.5 million in weekly instalments. Of the borrowers, 97% are women and over 97% of the loans are paid back, a recovery rate higher than any other banking system. Grameen methods are applied in projects in 58 countries, including the US, Canada, France, The Netherlands and Norway.
  7. What can we do to stop Poverty?  Contribute as much as we can to charity organizations and funding groups.  Encourage our friend to contribute by educating them on the situation in the World.  Volunteer for charity work to help the poor with our own hands.
  8. Bibliography  Oxford English Dictionary, Second Edition, Oxford University Press 1989     economic-reform/rich-vs-poor/  html  html   