Jacqueline Novogratz Invests In Ending Poverty
Susan notes: I've copied and pasted this biographical information and talk unabashedly from the TED website. Thanks to Giorgio Ungani ofTEDx Dubai for leading me to this talk. Register for the October 10, 2009, TEDx Dubai event here.
Jacqueline Novogratz applauds the world's heightened interest in Africa and poverty, but argues persuasively for a new approach.
Novogratz founded and leads Acumen Fund, a nonprofit that takes a businesslike approach to improving the lives of the poor. In her new book, The Blue Sweater, she tells stories from the new philanthropy, which emphasizes sustainable bottom-up solutions over traditional top-down aid.
One of the most innovative players shaping philanthropy today, Jacqueline Novogratz is redefining the way problems of poverty can be solved around the world. Drawing on her past experience in banking, microfinance and traditional philanthropy, Novogratz has become a leading proponent for financing entrepreneurs and enterprises that can bring affordable clean water, housing and healthcare to poor people so that they no longer have to depend on the disappointing results and lack of accountability seen in traditional charity and old-fashioned aid.