Poverty Cycle

What is the Cycle of Poverty?

The cycle of poverty has been described as a phenomenon where your families become trapped in poverty for generations. Because they have no or limited access to critical resources, such as;

-          Education

-          Financial services

Subsequent generations are also improvised

There are multiple cycles of poverty- based on, among other things,

-          Economic

-          Social

-          Spiritual

-          Geographical factors

Many cycles overflag or perpetuate new cycles and therefore any attempt to depict the cycle of poverty will be far more simplistic than realistic.

The figure below shows- in very simplistic terms- how a cycle of poverty related to hunger keeps a person or household poor in one of the world’s developing countries.

8+ Goals

In September 2000, Koffi Annan, formal general secretary of the United Nations suggested that we could do something to end world poverty. 189 countries agreed that by 2015 they can achieve the eight goals towards ending world poverty. 

1.       Eradicate extreme hunger and poverty

2.       Achieve universal primary education

3.       Promote gender equality and empower women

4.       Reduce child mortality

5.       Improve maternal health

6.       Combat diseases; HIV/AIDS, Malaria and other diseases

7.       Ensure environmental sustainability

8.       Develop a global partnership for development