Developed countries provide financial assistance to developing countries, but it does not solve poverty problem of developing countries. Should they offer different type of assistance rather than a financial one? I certainly agree with the above premise.
Developing countries like India face a multitude of problems including religious outrage, financial instability, corruption, dowry exchange during marriage, honor killing, female foeticide
and others to name a few. Simply borrowing money from developed countries or international organisations(such as IMF) won't solve all the problems, infact it would place the country under huge debt and instead of solving the problem for which the loan was sanctioned to the country it would start to focus on the repayment of the loan. The country in it's own sense would be justified for doing so because if they fail to return the money they would have to take an additional loan to cover that thus creating a vicious debt cycle which is arduous to break.
Problem specific help or exchane programs should be provided by these developed countries, for example recently U. S. A required a certain type of chemical required for munufacture of covid-19 vaccine and provided that chemical in exorbitant quantity as to help a friendly nation.
We can also take globalisation into consideration e. g, australia is a country which is isolated from the rest of the world and in earlier 2000's the technology sector from a development and security point of view there was really weak which impacted it's economy and livelihood of people. Gradually with increase in globalisation and help of other countries the technology sector grew many folds improving the problem of a stagnant technology sector.
In conclusion, financial assistance could be of help sometimes for poor nations but if developed nations try to target the root cause of problems faced by lower segment nations it would actually better for them in the long run. 
 Developed
  countries
 provide  
financial
 assistance to developing  
countries
,  
but
 it does not solve poverty  
problem
 of developing  
countries
. Should they offer  
different
 type of assistance  
rather
 than a  
financial
 one? I  
certainly
  agree
 with the above premise.
Developing  
countries
 like India face a multitude of  
problems
 including religious outrage,  
financial
 instability, corruption, dowry exchange during marriage, honor killing, female  
foeticide
 and
 others to name a few.  
Simply
 borrowing money from  
developed
  countries
 or international  
organisations
(such as IMF) won't solve all the  
problems
,  
infact
 it would place the  
country
 under huge debt and  
instead
 of solving the  
problem
 for which the loan  
was sanctioned
 to the  
country
 it would  
start
 to focus on the repayment of the loan. The  
country
 in  
it's
  own
 sense would  
be justified
 for doing  
so
  because
 if they fail to return the money they would  
have to
 take an additional loan to cover that  
thus
 creating a vicious debt cycle which is arduous to break.
Problem specific  
help
 or  
exchane
 programs should  
be provided
 by these  
developed
  countries
,  
for example
 recently U. S. A required a certain type of chemical required for  
munufacture
 of  
covid-19
 vaccine and provided that chemical in exorbitant quantity as to  
help
 a friendly nation.
We can  
also
 take  
globalisation
 into consideration e. g,  
australia
 is a  
country
 which  
is isolated
 from the rest of the world and in earlier  
2000's
 the technology sector from a development and security point of view there was  
really
 weak which impacted  
it's
 economy and livelihood of  
people
.  
Gradually
 with increase in  
globalisation
 and  
help
 of other  
countries
 the technology sector grew  
many
 folds improving the  
problem
 of a stagnant technology sector. 
In conclusion
,  
financial
 assistance could be of  
help
  sometimes
 for poor nations  
but
 if  
developed
 nations try to target the root cause of  
problems
 faced by lower segment nations it would actually better for them in the long run.