Elevated Food Prices — Impact on Microfinance Clients
Date:
May 2009
Approximately 1 billion people — or nearly one-sixth of the world’s population — subsist on less than USD 1 per day. Of this population, 162 million survive on less than USD 0.50 per day. According to the International Food Policy Research Institute, increasing food prices have the greatest effect on poor and food-insecure populations, who spend between read more…
