Around the world, the impact of extreme poverty on children’s development is devastating. Approximately 333 million children are living in extreme poverty with less than $2.15 a day.
Child poverty has long-term implications for their overall well-being. These include poor psychosocial and physical health, malnutrition, lack of education, social exclusion, and limited future employment opportunities. Children may be exposed to more violence, such as child labour and child marriage, as families and caregivers face economic difficulties. This is due to increased stress and pressure to make ends meet.
Predictions suggest that climate and disaster risk will push an estimated 325 million poor people into extreme poverty over the next decade. Children in the poorest and most fragile contexts face the greatest risk.
In alignment with the Sustainable Development Goals (SDG), World Vision strives to end poverty in all its forms by 2030 to help the most vulnerable children to reach their full potential. We do this by:
Learn more about World Vision's Livelihoods programmatic approaches,
visit our Livelihoods Technical Library,
or contact us at livelihoods@wvi.org.
Our intensive two-year programme called ‘Ultra-poor Graduation’ (UPG) equips the most vulnerable families to be self-reliant once World Vision has moved on to help others. We provide access to temporary food and cash assistance, savings for transformation, training, and marketing expertise to help families’ kickstart a small business or access employment. Families also learn about health, nutrition, and hygiene practices to ensure that economic gains are translated into better care for their children.
The Inclusive Markets for Communities (M4C) model helps marginal poor families raise incomes and provide better for their children. To this end, we adopt a green and gender responsive inclusive Markets Systems Development (iMSD) approach. This aims to capitalise on opportunities for inclusive and green growth, while ensuring the poor benefit – especially women and other vulnerable groups. We partner with private sector and public actors on new and greener products, services, opportunities and jobs for the poor. We also work with women and men so that they can better understand and participate in economic markets.
Savings for Transformation (S4T) is an approach being used by over six million active participants, many of whom are women, to facilitate savings and credit in a small-scale and sustainable way. S4T instils hope and contributes to child well-being by enabling community members to plan ahead, cope with household emergencies, develop their livelihoods and invest in the health and education of their children.
We work with community members to develop relevant skills for them to bring into the workplace. This not only provides a potential and sustainable livelihood for the future but also instils hope and aspirations for a better life. Our microfinance arm, VisionFund, works with potential employers by providing small loans to promote market and employment opportunities.
When women are stable financial contributors to a household, investments in children's health and education increase.
