How to Change People from Needing to Creating

Worldwide, we indicate poverty by the monthly income of families in each country, so here in Egypt, the families with a monthly income that is less than 857 EGP are under the poverty line and in need for help to raise and enhance their financial state.

Egypt’s poverty rate declined to 29.7 percent in FY 2019/2020, down from 32.5 percent two years earlier, according to the poverty, consumption, and income research conducted by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The families who suffer from poverty need a boost for their monthly income, therefore, the following strategies will help and contribute in enhancing the financial state of those in need:

Charitable organization supporting small projects:

Egypt is fortunate to have a fair share of charitable organizations that work on helping the poor class of the Egyptian society to transform from a needing group to a creating one and be productive in the society. This can be achieved through providing a fund for these people to start profitable projects that offer them an opportunity to work and acquire a monthly income that fulfills the basic needs of the family.

Egyptian banks initiatives for funding productive projects:

Many Egyptian national banks aim to assist the poor class by enhancing their financial state and increasing their income. National banks provide the financial support needed to create numerous promising small projects which will primarily serve as a suitable outlet for citizens to demonstrate their different skill sets that they have up their sleeves. Consequently, such projects will be their way of securing an income to satisfy their own needs.

Companies hiring potential talents:

In Egypt, we have several companies that attempt to help people who are looking for job opportunities with a sufficient monthly salary that will help to maintain families with a steady and decent income.

Eventually, the aforementioned strategies will certainly contribute to eradicating poverty, unemployment, and difficulty of living in Egypt, in addition to guaranteeing these people to have sufficient income to cover their living costs and indispensable basic daily needs.