The Trickle Up Solution
Blog & Media
Trickle Up Spark Grants are a part of how we help some of the poorest women in the world improve their lives. In the regions where we work—in countries with extensive extreme poverty—the seed capital grants we provide create an opportunity for people living on less than $1.25 a day to start a microenterprise. Most often, the poorest of the poor are comprised of women and people with disabilities–which Trickle Up places a particular focus on.
Unlike moderately poor and low-income households living on $2 a day who may be in the financial position to take on the risk of a microloan, the extreme poor cannot assume that risk. They typically spend 80% or more of their money on food, leaving very little to cover the cost of other necessities and emergencies. The burden of paying back even the most modest microloan is a difficult one to bear when chronic malnutrition, poor health, illiteracy, and economic insecurity are a way of life. Additionally, most people living in extreme levels of poverty are not eligible for microloans.