Who are the “Bottom Billion”? These are the 1.4 billion people who live at the very bottom, in extreme poverty on less than $1.25/day.
Can we help them? Yes. Microfinance offers a way out, but, according to Tom Coleman (Founder of this Group here on our Shift Network), a new kind of microfinance focus is needed.
This Shift Group, focused on ending extreme global poverty, will discuss and showcase microfinance that already includes some of the Bottom Billion and could serve more, and you will learn what you can do, here, today, to help solve this critical global problem.
Tom Coleman, founder of Microfinance Consulting and former Director of Research and Development for the Chicago Board of Trade (CBOT), calls it Bottom Billion Microfinance (BBM).
Tom asks: How can we re-channel our focus to highlight this population?
Two-thirds of the bottom billion live in only four countries. Further, a modest 15 countries have the highest concentration of people living on less than $1/day, and together represent 80% of all people who live on less than $1/day. A total of 31 countries have over 40% of their people in the bottom billion – most are in Africa.
The important questions we need to answer are: what kinds of holistic poverty-ending services should be provided? What kinds of incentives can increase the number of bottom billion served, and the quality of services they receive? Ending poverty is not a financial services-only business. Microfinance has made remarkable strides since its conception in the 1970s. As our world continues to develop, we must continually revisit how we’ve been fighting poverty. We must establish new techniques and standards so that the bottom billion are not left behind.
ALTRUISM 10X - Ending Extreme Global Poverty
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David Warner started the new forum topic GLOBAL HEALING CIRCLE OF RADIANT HEARTS in the group ALTRUISM 10X – Ending Extreme Global Poverty: 7 months, 2 weeks ago · View
♥♥♥ Global Healing Circle of Radiant Hearts ♥♥♥ Co-Creating Collective Heart Coherence Dear Radiant Heart, Thank you for participating in the Global Healing Circle of Radiant Hearts. Our Leader Team has made a conscious evolutionary decision to pay our Circle forward and we are hereby announcing a global invitation to participate in collective radiant heart coherence through [...]
David Warner started the new forum topic GLOBAL HEALING CIRCLE OF RADIANT HEARTS in the group ALTRUISM 10X – Ending Extreme Global Poverty: 7 months, 4 weeks ago · View
CALLING ALL EVOLUTIONARY PIONEERS! ♥♥♥ Global Healing Circle of Radiant Hearts ♥♥♥ Co-creating Collective Heart Coherence Multiple Daily 15 Minute Meditations By Telephone or Webcast French Language 7 am Eastern Time/1 pm Central European Time 8 am Eastern Time 8 am Pacific Time 8 am Hawaii Time Polish Language 8 pm Central European Time Spanish Language 2 pm Central Mexican Time/9 pm Central European Time 8 am New Zealand Time Portuguese Language [...]
David Warner started the new forum topic MULTIPLE GLOBAL HEALING CIRCLE MEDITATIONS in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year ago · View
CALLING ALL EVOLUTIONARY PIONEERS! Global Healing Circle of Radiant Hearts Co-creating Collective Heart Coherence Multiple Daily 15 Minute Meditations By Telephone or Webcast 8 am Eastern Time French Language 9 am Eastern Time/3 pm Central European Time 8 am Pacific Time 8 am Hawaii Time 8 am New Zealand Time 8 am Eastern Australia Time 8:30 am Central Australia Time 8 am Western Australia Time Spanish Language (coming soon) 2 pm Central [...]
valerie kime replied to the forum topic Urban Farm Guys — Awesome Shift In Action in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year, 1 month ago · View
This is an inspiring project – wondering if they made it over to India and how that went? What is the source of funding for these projects? Fantastic work – about more than just food – healing on multiple levels!
Tom Coleman replied to the forum topic Food for All Summit on Shift–Nov 30, 2011–free for all in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year, 5 months ago · View
We had a great summit focused on short and long term solutions to End Famine and its underlying cause Extreme Poverty. Global leaders in advocacy from Bread for the World, RESULTS, and ONE Campaign were there. African voices from Kenya, Sudan, and Ethiopia spoke. Extreme poverty is already declining at an accelerating rate and we can all help. Recordings are [...]
Tom Coleman started the new forum topic Food for All Summit on Shift–Nov 30, 2011–free for all in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year, 6 months ago · View
Please attend the Food for All Summit free on Nov 30.
Learn how to end famine and the long term causes of hunger–extreme poverty from great spekaers who will share what is working in the field and how YOU can help.
Tom Coleman started the new forum topic New Bottom Billion Fund website—PLEASE LOOK and SHARE WITH EVERYONE YOU KNOW in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year, 6 months ago · View
Dear SHIFT Friends, As you may know I have been consumed for a long time with using microfinance as a tool to help end extreme poverty for those 1.4 billion people still living on less than $1.25/day. I founded the Bottom Billion Fund (BBF), a nonprofit 501c3, to create a way for all of us to make donations [...]
happiness started the new forum topic SOMALIA – THE REAL CAUSES OF FAMINE – GLOBAL RESEARCH in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year, 9 months ago · View
For the last twenty years, Somalia has been entangled in a “civil war” amidst the destruction of both its rural and urban economies. The country is now facing widespread famine. According to reports, tens of thousands of people have died from malnutrition in the last few months. The lives of several million people are threatened. The mainstream media [...]
happiness started the new forum topic BOOK: THE GLOBALIZATION OF POVERTY & THE NEW WORLD ORDER in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year, 9 months ago · View
The Globalization of Poverty and the New World Order by Michel Chossudovsky In this new and expanded edition of Chossudovsky’s international best-seller, the author outlines the contours of a New World Order which feeds on human poverty and the destruction of the environment, generates social apartheid, encourages racism and ethnic strife and undermines the rights of women. [...]
happiness started the new forum topic HOW TO HELP SOMALIA; OPTIONS FOR FAMINE RELIEF – HUFFINGTON POST in the group ALTRUISM 10X – Ending Extreme Global Poverty: 1 year, 9 months ago · View
UPDATED August 5, 2011 8:22 a.m. In the scorched-by-drought Horn of Africa, the famine continues to take its biggest toll on the most vulnerable. In southern Somalia alone, the crisis has killed 29,000 young children in the last 90 days, the Associated Press reports. UNHCR head Antonio Guterra, who has visited a refugee camp himself, is asking the world for help .
“2011 has [...]