Nueva Guinea
A region in the South Eastern corner of Nicaragua, Nueva Guinea, stands apart for both its impoverishment and its rurality in a country where 80% of the population lives on less than 2 US Dollars a day. The Human Devleopment Index is a poverty measure which analyzes life expectancy, education, and Gross Domestic Product.
This index is generally considered a better measure of poverty as it takes into account not only the economic side of poverty, but also the social-health and education. Nueva Guinea is shockingly low on all three indicators–Nueva Guinea has an HDI of 0.408. To contextualize this statistic, according to the Human Deveopment Report for the region 49% of the population of NG does not have access to potable water, 59% of the school aged population is not in school, and the per capita income of the region is 23 US cents per day in PPP-a yearly income of just 84 US Dollars. This is crippling poverty.
Please follow the links on this page for information on the effectiveness of microcredit banks in Nueva Guinea.


Entries (RSS)