Maximize Return on development dollar spent!

At ICAfrica, our primary goal is to move poor families in Africa above the poverty line, permanently!

The more people we can help move out of poverty, with minimum investment, the better is our success. We now know that the best way to do this is to leverage the dormant productive capacities of qualified impoverished people by empowering them with the right tools that helps them generate their own incomes.

To Maximize Return:
– the impoverished adult must already be operating a micro-business or is self-employed in agriculture.
– the empowerment tools would be a refundable /recyclable micro-business capital.
– the measurement of success would be the return on investment per dollar spent.
– the return on investment would be measured by the number of people (breadwinners + dependents) that moves above the poverty line per dollar advanced to them in micro-loan.


ICAfrica’s suggestion for rapid poverty reduction in Africa – 2017 -2022

The current (SDG) Sustainable Development Goal put in place by the UN for the period 2015-2030, is not aggressive enough and does not address the urgency of the extreme  suffering of 550 million poorest people the 49 countries of sub-Sahara who are still living below the poverty line, NOW. What would their fate be between now and the next 15 years? The world knows that many will perish and those that survive would have been badly damaged to live fulfilled lives. ICAfrica is saying that it does not have to take that long to eliminate extreme poverty in Africa. Here is our suggestion on how to achieve significant poverty reduction by the end of year 2022 (not 2030), through taking the following simple and cost effective action:

Immediately empower credible local NGOs in communities around sub-Sahara, to identify as many as 10 million “qualified” impoverished family Breadwinners who are micro-business entrepreneurs and or small farmers, in their respective communities and advance business micro-loans of between $100 to $500 to each of these families.

“Qualified” impoverished Breadwinners are micro-business/farm operators who are making daily incomes that are not large enough to bring members of their immediate families above the poverty line. That means their daily incomes are less than $1.90 x [# of people in their family]. In a family of four, for example, the impoverished entrepreneur is earning less than $7.60 a day. [ Most of the Breadwinners that qualify are women and there are presently about 100 million of them while 80 million are men.]

The immediate result would be that most of the 10 million entrepreneurs selected (in this first phase) would put their  soft loans towards growing their tiny businesses to earn more daily profits which would bring their families  above the poverty line, within 3 to 6 months. This program could be rolled out very quickly and will rapidly move 40 million children and adults, above the poverty line immediately and permanently. Cost, $3bln. ($75 to bring each person above poverty). This intervention could be repeated concurrently all over sub-Sahara every quarter or semi annually, with freshly qualified groups of entrepreneurs in batches of ten to twenty million Breadwinners. Through this plan we would completely empower and remove more than 100 million Breadwinners (or 350 million people) from extreme poverty within 4 years. From this point, the effect of expanding grassroots economic activity, originating from the earlier funded Breadwinner entrepreneurs, would naturally help accelerate the speed at which the remaining 80 million breadwinners make progress to bring the remaining 200 million children and adults above poverty line. This should happen within another 2 years. Total cost should be less than $10 bln and all these Breadwinners would be earning enough money to take care of their families economic needs – education, healthcare, housing, water, etc. The economic power gained by these 550 million previously extremely poor people, would bring more Africans into the middle-class economy and give them stronger voices in their national political systems. It would bring lots of other benefits to Africa, to international donors and to the world in general.

For details of this plan, please contact:

Eugene Nzeribe,
Ottawa, Canada
eugene_nzeribe@icafrica.com