Living in Poverty
Around the world, 3 billion people survive on $2.50 a day or less. Some 2 billion people do not hold a bank account or have access to essential financial services.
Living in poverty means surviving with constrained options and a lack of opportunity to change their plight. For many, accessing the resources to address life’s challenges can mean a simple phone call to a bank. For billions of others, these events can require difficult decisions and impossible trade-offs that set families back years.
Individuals living in some of the world’s most challenging economies have long been unbanked. They live without access to the basic financial tools that enable equal progress toward better lives.
Without the income to sustain themselves or the access to life-improving products, their quality of life remains poor.
Hundreds of millions of people live off-the-grid. They become forced to use polluting and expensive kerosene lamps that affect respiratory and eye health.
- Each day, productive hours are cut short.
- Fire hazards are ever present.
- Children cannot study without light.
- Family and friends have a harder time gathering together.