eBay founder to donate daily income to thousands of Kenyans for 12 years
Pierre Omidyar, the founder of online shopping website eBay, is set to donate a daily income to 26,000 poor people living in 200 rural villages in Kenya for a period of 12 years.
Mr. Omidyar will donate the money to the charity GiveDirectly, which is part of the Omidyar Network, as an experiment to see if giving people free money can help alleviate poverty and improve the economic standing of poor people
Explaining the importance of the programme, he said: ‘Even though we know that cash transfers in developing countries help reduce poverty and improve outcomes for families, these have not been tested on a long-term basis or with a universal beneficiary pool.’
A Report also has it that the programme has already kicked off in one village and it intends to give selected people Sh75 a day for a period of 12 years.
Categories: Foreign, Gist