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How Can We Debunk the Myth of Poverty

https://www.AssetStream.co. A major myth about extreme poverty is that it can be alleviated through aid. Discover here empirical evidence that suggests otherwise. Leveraging Transparent Blockchain Technology. Peer-to-Peer (P2P) Microfinance Platform. Token Sale Starts May 27th. Join Now. https://www.AssetStream.co

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How Can We Debunk the Myth of Poverty

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  1. How Can We Debunk the Myth of Poverty? AssetStream.co

  2. People who live on less than $2 a day has declined from 36% in 1990 to 10% according to the World Bank. But close to 700 million people still live in extreme poverty. Join Microfinance Revolution AssetStream.co

  3. Myth#1 - Poverty can be alleviated through aid. In 2017, the local government of Kitui County, Kenya, banned food aid from international humanitarian bodies. Relief was considered demeaning and perpetuates a culture of dependency. Join Microfinance Revolution AssetStream.co

  4. The local government, partnering with microfinance institutions, gave soft loans to the local farmers and guided them to engage in productive small scale irrigation farming. In just a few months, the farmers who for decades relied on aid to eat were able to produce enough to eat and some more to export. Join Microfinance Revolution AssetStream.co

  5. Microfinance will put means of production in the hands of the poor making them self-reliant. Others can help fight poverty by lending through AssetStream while earning profit at the same time. Join Microfinance Revolution AssetStream.co

  6. Myth#2 - Aid puts the poor on their feet Another myth is that investing in the poor is neither sustainable nor profitable but with capital empowerment, the poor can create value for themselves and others. P2P lending platforms especially those on the blockchain could play a significant role in making capital available at a low and affordable price. Join Microfinance Revolution AssetStream.co

  7. Blockchain-based P2P Lending platforms AssetStream facilitates a secure and efficient movement of value between lenders and borrowers despite the distance between them. Self-executing smart contracts is the first line of collection before enforcement of debt settlement through the judicial process. Underwriting and loan processing are seamlessly facilitated by blockchain. Join Microfinance Revolution AssetStream.co

  8. Sign up on AssetStream and see how it connects and matches capital needy business enterprises in the ASEAN countries to microcredit from a global pool. Join Microfinance Revolution AssetStream.co

  9. 1.7 Billion Adults Globally Need P2P Microfinancing 1AST = 0.01 USD Token Sale Starts May 27th Powered by Stellar High Yields With Controllable Risk On the Blockchain Join Now AssetStream.co

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