Read the latest edition of USAID’s FrontLines to learn about the Agency’s plans for eliminating extreme poverty within the next two decades. Some highlights:
- It’s called a share-out and in Malawi it is as welcome as when tax refunds arrive in the United States. On the appointed day, participants in village savings and loans reap the benefits of diligent savings efforts that began a year earlier. Families who barely had enough to scrape by five years ago are now starting businesses and expanding crop production with their own hard-earned savings.
- Greenhouses to fight extreme poverty? Farmers in Timor-Leste started out skeptical. After witnessing successes at test sites, farmers now are coming on board to this technique, which not only provides dependable, year-round harvests to sell at market, but also nutritious produce for their families.
- Twenty years ago, the banking sector in Senegal collapsed. However, a series of reforms supported by USAID and new regulations instituted by the government helped heal that financial wound and save the nation’s economy. And there was a bonus: the highest rate of economic growth and poverty reduction in Senegal’s history.
- More than 1 billion people live in extreme poverty today. But in the next few decades, that number could be cut to almost zero. How? USAID’s Alex Thier and Ilyse Stempler have some solutions.If you want an e-mail reminder in your inbox when the latest issue of FrontLines has been posted online, subscribe here.