People in developing nations face numerous barriers to achieving prosperity and stability. Lack of access to credit and savings further prohibits progress. Community Driven Savings Groups offer a viable solution towards financial stability.
Haiti has a long history of prolific aid-response from developed nations for decades. Unfortunately prolonged aid has not helped this Caribbean island to progress economically or in other ways. Partners in Progress is helping to turn the tide on this reality and support locally led solutions.
Why should Americans care about problems in other countries when we have plenty of our own issues to solve at home? Is foreign aid being used to the detriment of the American people, or are there benefits to supporting development abroad?
I’ve often thought that a good third-way between creating dependency on aid when they truly need it, and supporting local people to be self-sufficient, is to implement a model where people are given provisions in times of need, but the support is temporary and will eventually be weaned off.
Developing nations are classified as such due to various different dynamics, be they historical, governmental, geo-political, climate related, and the list goes on. Unfortunately, nations facing extreme poverty also tend to deal with immense corruption and danger.
The media often reports that Congress and the US president have approved large sums of money to be given to other nations in support of humanitarian crises around the globe. But how much is really being sent abroad and where does it go?