Extreme poverty, from a basic, economic standpoint refers to an individual that earns less than $1.90 a day. But the effects of poverty are significantly more far-reaching. Poverty impacts mortality rates, hunger, education, housing, family stability, violent crime, trafficking and corruption. Almost every justice initiative must factor in the effects of poverty on that issue.
Venture partners with organizations and leaders committed to identifying and eradicating the root causes of extreme poverty, creating opportunities for individuals and communities to flourish.
World Bank projections suggest that global poverty level has reached 700 million people.
More than half of the extreme poor on the planet are under 18 years of age.
A vast majority of the global poor live in rural, agricultural areas.
Sources: worldbank.org, compassion.com/poverty