How sending money to Kenya from USA can eradicate poverty?


Posted May 24, 2019 by fazremit

Poverty and other problems occurring in the country can be easily solved by using websites like FAZremit that allows people to send money to Kenya from USA.

 
15th May, Washington, USA

The Republic of Kenya is the 48th largest country and 27th most populous country. The economy of Kenya has seen much expansion by strong performance in tourism, higher education and telecommunications, and acceptable post-drought results in agriculture, especially the vital tea sector. As of May 2011, economic prospects are positive with 4–5% GDP growth expected, largely because of expansions in tourism, telecommunications, transport, construction and a recovery in agriculture. Kenya Tourism is the second highest revenue generator after foreign direct investment. They allow people to send money to Kenya from USA ( https://blog.fazremit.com/send-money-to-nigeria/ ) for aiding these investments. Agriculture is the second largest contributor to Kenya's gross domestic product. With all of these aspects, Kenya falls under the low middle-income country.

The poverty in the country:

Kenya suffers the majority due to poverty with about 53% population below the poverty line. This severe poverty is a result of an undiversified economy, social inequality, government corruption, health problems, and a water crisis. It’s not that Kenya hasn’t received international aid, but due to layers of corruption, the funds never reach the audience. In the last decade, by the data provided by the World Bank, the amount of Kenyans living under the international poverty line has dropped significantly. And the incident rate of poverty has kept decreasing, as shown by a recent Multidimensional Poverty index. However, the solution to poverty in Kenya still needs long-term efforts.

The role of money transfer in poverty eradication

But the bottom line is; Kenya can completely demolish the poverty structure. But it lacks due to insufficient funds. But how to send money to Kenya from USA to eradicate poverty? The first step in fighting this battle is, to strengthen education. Every world problem can have the possibility to be resolved if the educational grounds are strong. For example, in the case of Kenya, if they can have a quality education, it will increase employability. This will help people not only fight poverty but also it can be useful for the betterment of society as a whole. Advancement in education can help in understanding the causes and remedies of the fatal disease. Better understanding will prevail among people and will revolt against corruption. With the power of knowledge, the social inequality barrier will demolish.

These points mentioned above gives us a strong reason to send money to Kenya from USA to eradicate poverty. Now, the remittance of Kenyan migrants, international loans and donations from across the globe can solve this issue. So, for money transfer from USA to Kenya, we are the best providers you will find. People can also send money to Ghana from USA and to send money to Nigeria from USA through these transaction services.

Visit - https://www.fazremit.com/
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Categories Finance
Tags money transfer from us ato kenya , send money to kenya from usa , transfer money to kenya from usa
Last Updated May 24, 2019