Wednesday, March 2, 2011

Poverty Cycle
What is the cycle of poverty?
The cycle of poverty has been described as a phenomenon where poor families become trapped in poverty for generation because they have no or limited access to critical resources, such  as;
·         Education and
·         Financial services
Subsequent generations are also impoverished.
There are multiple cycles of poverty- based on, among other things,
·         Economic,
·         Social
·         Spiritual
·         Geographical factors
Many cycles overlap or perpetuate new cycles and therefore any attempt to depict the cycle of poverty will be far more simplistic than realistic.

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