Three villages Receive $100m to Fight Poverty

Sep 18, 2006

Two villages in Kenya, a third in Tanzania and a fourth in Uganda will share a $100 million aid investment.

Billionaire financier George Soros announced last week that he is contributing $50 million to the Millennium Villages Project, a non-governmental initiative intended to show that closely focused development projects can alleviate severe poverty within a few years.

Mbola in Uyui district is described by project organisers as “one of the poorest villages in Tanzania.”

Similarly, about half the households in Ruhiira Parish in southwestern Uganda earn less than one dollar a day, and more than 80 per cent of local residents are subsistence farmers.

Read Entire Nation Media Group Article.

If you enjoyed this post, please consider subscribing to the RSS feed to have future articles delivered to your feed reader. And please share this article on your favorite social bookmarking website.

Posted by | Categories: Poverty News |

Share with others

No Responses so far | Have Your Say!

Comments are closed.

Children suffering from Poverty