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Reduce global poverty through economic self-empowerment

Reduce global poverty through economic self-empowerment. Sorenson-Unitus Ultra Poor Initiative. Understanding Poverty. Meet Shamim. Meet Geeta. Unstable, makeshift housing. No productive assets. Hard manual labor. Begging. One meal per day. Children unable to attend school ….

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Reduce global poverty through economic self-empowerment

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  1. Reduce global poverty through economic self-empowerment

  2. Sorenson-Unitus Ultra Poor Initiative

  3. Understanding Poverty

  4. Meet Shamim

  5. Meet Geeta

  6. Unstable, makeshift housing

  7. No productive assets

  8. Hard manual labor

  9. Begging

  10. One meal per day

  11. Children unable to attend school …

  12. … and end up working as a result

  13. Conventional Interventions Relief / Aid Housing Water Government Safety Nets Food Security

  14. BRAC: Targeting the Ultra Poor

  15. Our Challenge Questions

  16. Our Goal • Reduce cost • Increase diversity • Reduce complexity • Improve sustainability Increase replication Reach the 1.4 billion living in ultra poverty

  17. Map of Initiatives PnP-UPP (Urban) UPna sapna (Rural) SKS-UPP (Rural) Kriti Vaaradhi (Urban) Equitas Birds Nest (Urban)

  18. Lessons Learned

  19. Start with income generation

  20. The ultra poor are able to pay for services

  21. Secondary services to maximize benefit Financial Literacy Healthcare

  22. Implications If … Then … Ultra poor can increase earnings Livelihoods introduced first Ultra poor can pay for critical services (food, healthcare, education) Earnings stabilize Service delivery can take a sustainable approach Capacity to pay for support services If activities are self-sustaining Long term and scalable impact is possible

  23. Next Generation of Impact • Unitus Labs • Open source: Case studies, dissemination • SKS NGO: Flexible Loan • Equitas: Higher-Income Livelihoods • Upaya Social Ventures • Developing business solutions to attack ultra poverty

  24. Thank You!

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