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Inhibitors to Success: Natural Disasters
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| Guest post by: Grameen Foundation |
Article Overview: Like ill health, natural disasters are another area of vulnerability for the poor.
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Free Download - Conclusion - Microfinance: A Platform for Social Change By Grameen Foundation |
Inhibitors to Success: Natural Disasters
Like ill health, natural disasters are another area of vulnerability for the poor. Research
shows that when disaster strikes, the poor are not only in a greater danger of falling victim, but
suffer disproportionately greater losses. For poor people, the resulting lost income may force
them to sell their land, livestock or their tools, send their children to work rather than to school,
or eat less. Such drastic measures may mean survival, but they make it much harder for
vulnerable households to escape poverty.13 According to Salvano Briceño, Director of the
UN/ISDR Secretariat, “Investing in disaster risk reduction reduces the vulnerability of people to
hazards and helps break the vicious cycle of poverty. We need to engage the microfinance
community into a dialogue on reducing the impact of natural hazards on populations and
livelihoods."
Microfinance: A Platform for Social Change
by Marge Magner
March 2007
Grameen Foundation
Article Tags: brice, cycle of poverty, disaster risk, drastic measures, falling victim, grameen foundation, greater danger, households, ill health, isdr, livelihoods, livestock, marge magner, natural disasters, natural hazards, populations, risk reduction, secretariat, vicious cycle of poverty, vulnerability
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About the Author: Grameen Foundation RSS for Grameen's articles - Visit Grameen's website Grameen Foundation's mission is to empower the world's poorest people to lift themselves out of poverty with dignity through access to financial services and to information. With tiny loans, financial services and technology, we help the poor, mostly women, start self-sustaining businesses to escape poverty. Founded in 1997 by a group of friends who were inspired by the work of Grameen Bank in Bangladesh, our global network of microfinance partners reaches over 3.6 million families in 25 countries. Click here to visit Grameen's website Moving Beyond the Batey Uganda Success Stories Pro Mujer Providing Clients with Essential Health Care Rebuilding Through Social Enterpreneurship A Life Transformed |
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