Empower young people and their families to be economically self-supporting
Three billion people live on less than US$2.50 per day (World Bank).
The opportunity to learn a skill or understand how to run a business is an important key to breaking the cycle of poverty. However income generating activities are not just about providing finance for a family. They are about empowerment—teaching a young adult that they can use their God-given skills to plan for their future. It is coming alongside a family and teaching them to break the cycle of poverty for the following generations.
Through generous supporters, Compassion intervenes on several fronts:
- Providing business and finance training opportunities for caregivers and young people
- Identifying caregivers who would most benefit from income-generation help
- Facilitating income generating workshops such as credit management, basic business and accounting
- Linking caregivers with other micro-enterprise credit institutions
You can support young people and their caregivers to be empowered through income generation training and equipped with important skills for life.
WHY INCOME GENERATION IS SO IMPORTANT
757 million adults still lack basic reading and writing skills. Two-thirds (63 percent) are women.
75 per cent of the world's poorest people — 1.4 billion women, children, and men—live in rural areas and depend on agriculture and related activities for their livelihood
A study found that, for every one additional year of education for women of reproductive age, child mortality decreased by 9.5 per cent
Across developing countries, there is a nine percentage point gap between women and men in having an account at a formal financial institution
Sources: UIS; UN; World Bank