Poverty Alleviation through Asset-Building

Poverty Alleviation through Asset-Building

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Giving subsidies to people in need may offer them immediate relief, but it does not help them overcome poverty in the long-run. ZeShan has since 2008 supported a demonstration program that applies a novel approach to poverty alleviation in Tin Shui Wai, one of the poorest areas in Hong Kong, through creating opportunities for program participants to build personal, social and financial assets in the long term. This is achieved through counseling services, life-skills training, employment support programs, mentoring and incentives to save money. The “Hope Development Account” program, initiated by Tung Wah Group of Hospitals and coming to an end in mid-2012, has so far enlisted the participation of 50 women.

As a result of the program, the participants have become more self-confident and positive in their outlook of life, and are pursuing the goals that they set out to achieve at the beginning of the program, such as enrolling in certificate courses in computer studies and Putonghua teaching, and setting up home-based beauty salons, online handicraft businesses and eateries. Some of the participants were former Comprehensive Social Security Assistance (CSSA) recipients. They have withdrawn from the scheme, while some others have reduced reliance on the assistance. The success of the program has attracted support from other donors and subsequently the replication of the program in other parts of Hong Kong.

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ZeShan Foundation is committed to protecting your privacy. Personal information including names, mailing addresses, e-mail addresses, etc. submitted through this website will only be used to contact you in regard to ZeShan Foundation's activities and news. We will not distribute or sell your personal information to any outside individuals or organizations. Your personal data will not be used for any other purposes without your consent unless such use is required by law.

If you have any questions, please contact us.

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This website is the property of ZeShan Foundation. The information on the website is meant for reference only. ZeShan Foundation does not warrant or represent that the information provided here is complete, nor that the information is up to date.

The site may contain links to third-party websites. These third-party websites are beyond the control of the Foundation and the Foundation does not accept any responsibility, nor endorse explicitly, the content of these websites or for any transactions that you may make on these websites.

ZeShan Foundation is not responsible for any damage, loss or corruption of data that may occur while viewing or using any material from this website.

If you have any questions, please contact us.