GiveDirectly is a non-profit organisation which has donated over $50 million in cashMoney in physical form such as banknotes and coins. More to poor people in Kenya and Uganda. The moneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More is sent using mobile money transfers such as M-Pesa.
This reflects a fundamental shift in an industry, where the majority of donations are in the form of aid or goods; cash represents between 2 and 6% of global humanitarian spending which amounted to $1.2 billion in 2014.
According to the founders of GiveDirectly, cash presents several advantages.
There is resistance from within the industry as many believe it is better to send aid in the form goods rather than cash. However, according to Andrew Natsios, former head of USAID “if we move from 6% to 25%, or 40 or 50%, that makes a mot more sense. So, I think moving incrementally toward cash is the answer.”
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