What Does Extreme Poverty Look Like in Africa?
Extreme poverty in Sub-Saharan Africa is living in conditions that most people would find unimaginable. According to the World Bank poverty estimates, over 413 million people in Africa live in extreme poverty. Poverty looks different depending on what country in Africa you visit and whether you are in an urban or rural area.
Many people that MPA works with are those living in extreme poverty in Africa. They are what is referred to as the unbanked population and do not have access to a financial institution for a checking account, debit card, savings account, loans, etc. These people have to make tough decisions everyday like which child is not going to eat today, what child is going to have to walk 4+ miles to collect dirty, unsanitary water.
While their situations are unimaginable, the people living in extreme poverty in Africa have more in common with us that you would think. They want the same things that we all want – education and a better life for their children, a safe place to call home and to provide food and clean water for their families. Through microfinancing, these individuals are taught how to save, how to work together and how to create a sustainable income source that can lift them out of poverty. This transformation gives them back their dignity and allows them to provide for their families.