.@Avik stresses that we should be focusing on robust policy measures that can reduce the cost of living so every dollar earned can stretch further. @FREOPP#PovertyRoundtable
One long term challenge will be addressing learning deficits experienced by children from low-income families during virtual learning, says Scott Winship (@swinshi) #PovertyRoundtable
Entrepreneurs like Clarisse, women in savings group, CARE staff, and our local partners are coming up with solutions to help people find jobs, create jobs, and cope with unemployment as #COVID9 rages on.https://t.co/l7oQItxuYH
It's International #MigrantsDay
Many migrants often lack access to health services & financial protection for health.
#WeTogether means that the right to health applies to every1 - irrespective of nationality, race, colour, sex or other status.
@WHO#InternationalMigrantsDay
@meo_joule@NelspringsF@digispikex@Morris_Monye They believe if they lend money to men, they will use the money for themselves but if they lend money to women, they will use it for the family and that was the reason behind their actions.
Masks can help prevent you from getting or spreading #COVID19 so don’t forget to cover your mouth and nose with a mask in public settings and around people who don’t live in your household.
Women #ServingForPeace with @UNPOL:
🕊 help build & sustain peace;
👮♀️ provide sense of security;
👩🏫 serve as role models for local women;
⚧️ address inequalities.
More about their important work: https://t.co/mrX54yt2sH #16Days
How will #AI shape the future of humanity and learning?
Join us today at the virtual International Forum on artificial intelligence in education to talk about the chances and challenges emerging technologies bring.
Be part of the discussion: https://t.co/Ld0ji2MxPw #HumanAI
@Morris_Monye To get more information about Muhammad Yunus on how he brought the poor people of Bangladesh out of poverty read "Banker to the poor" and " Creating a world without poverty".
@digispikex@Morris_Monye Read Prof Yunus' book to see how they did it:
1. They only lent money to women
2. The women were given 16 commandments to obey in order to guarantee access to more loans.
3. The whole thing took 15 years to accomplish significant progress at scale.
11. People's Bank of Nigeria had the potential to set the people free from poverty if it had been well-managed independent from govt and if its policies were tailored for Nigerians.
Now TraderMoni...
10. Was a totally private initiative.
I believe anything the Nigerian govt touches never ever gets profitable. From Nigerian Airways, to NNPC etc. It never gets profitable.
Also no bureaucratic nonsense held Grameen Bank down.
9. After N130m+ spent and nothing to show for it, the Abacha govt scrapped the bank.
Why did it fail really apart from the reasons stated.
A. It was a borrowed idea not tailored for the Nigerian people. The value of $1 in Bangladesh is not the same in Nigeria
B. Grameen Bank..
8.
A. Members of the bank's implementation taskforce fought over loans.
B. Massive corruption where loans were given to family members of its management (which were never paid back)
C. Loans given to people outside the targeted audience e.g Transport owners, 1st Lady NGO
7. I HAVE RETURNED ☺️
Among the beneficiaries were tailors, food sellers and artisans.
Within the first few weeks, the bank opened branches in eight states.
It's M.D, Mrs Maris Sokenu said 250 branches were opened nationwide.
A success story right?
There were problems.