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The problem: Hard for aid to reach those in extreme poverty Hard to target the most needy Unclear what type of help is most needed The solution: Direct cash grants to poorest families Families can use money to solve their most important problems
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The problem: Hard for aid to reach those in extreme poverty • Hard to target the most needy • Unclear what type of help is most needed • The solution: Direct cash grants to poorest families • Families can use money to solve their most important problems • Grants made to the poorest families in the poorest communities • The opportunity: A simple and efficient way to fight poverty • >90% of donations go to recipients • Recipients commonly use grants to repair their homes, pay medical or education expenses, or to start or expand a business • Why GiveDirectly? • Pioneer in direct cash grants, and learning more through experimentation • One of charity evaluator GiveWell’s top recommendations • Monitors how recipients use aid and provides standout transparency
Against Malaria Foundation • The problem: Malaria • Half a billion fall ill each year – over a million die • Every 30 seconds, a child dies of malaria • The solution: Insecticide Treated Bednets • Nets cost only $5, and protect an average of 2 people apiece • Killing mosquitoes reduces risk of disease for entire community • The opportunity: A malaria free world • ~$2000 in nets can save a child’s life, while also improving the health of many more people • $1 spent fighting malaria improves Africa’s GDP by $12 • Malaria is solvable- e.g. Bhutan reduced malaria rate by 98% from 1994-2010 • Why AMF? • All donations go to fund additional nets • One of charity evaluator GiveWell’s top recommendations • Standout transparency and monitoring