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Nothing important happens in life without a cost.

Jacqueline Novogratz

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Jacqueline Novogratz
Age: 63
Born: 1961
Born: March 15
Banker
Businessperson
Consultant
Entrepreneur
Financial Analyst
the United States of America
Without
Nothing
Important
Life
Provoking
Cost
Happens

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Freedom is what beauty feels like when it can most express itself.
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When it comes to solving problems of poverty, impact investing can act as a catalyst, but it is not a silver bullet. Successful businesses serving the poor need more than investment capital. They also need infrastructure to enable effective distribution, strong regulatory systems, access to markets, technical assistance as they scale up, and more
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There are cases where government-to-government aid actually has worked. Look at the eradication of smallpox and the near eradication of polio. But these are really top down solutions that require government-to-government support and aid.
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As a young woman, I dreamed of changing the world. In my twenties, I went to Africa to try and save the continent, only to learn that Africans neither wanted nor needed saving. Indeed, when I was there, I saw some of the worst that good intentions, traditional charity, and aid can produce.
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I feel like I'm a relentless, pragmatic, determined optimist.
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Acumen Fund's patient capital investment in Western Seed is intended to enhance the food security and economic independence of Kenya's smallholder farmers.
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If there's one value that is immutable, it's integrity or respect, for others and for yourself.
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A sustainable world means working together to create prosperity for all.
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Traditional charity and aid are never going to solve the problems of poverty.
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Your job is not to be perfect, your job is only to be human.
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There is power in creating a small model, and then you can create an alliance of other small models.
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When we deny the poor and the vulnerable their own human dignity and capacity for freedom and choice, it becomes self-denial. It becomes a denial of both our collective and individual dignity, at all levels of society.
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The time for change is now.
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Every day we have a choice. We can take the easier road, the more cynical road, which is a road sometimes based on a dream of a past that never was, fear of each other, distancing and blame, or we can take the much more difficult path, the road of transformation, transcendence, compassion, and love, but also accountability and justice.
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So many low income people have seen so many failed promises broken and seen so many quacks and sporadic medicines offered to them that building trust takes a lot of time, takes a lot of patience.
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When systems are broken, it's an opportunity for invention and innovation.
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People have to understand that unless social enterprise is experimental, it will not succeed in making a difference.
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Africa can stun you in an instant. It can throw floods and drought and disease at you, sometimes all at the same time. In the next moment, it will tease you with its magnificent beauty, so even if you don't forget, you can find a way to forgive. Ultimately, it keeps you coming back for more.
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Don't let people tell you to do it this way. You are on the verge of figuring out hybrid models -- with companies and nonprofits, markets, government, crowd-sourced philanthropy. The capitalist system as we know it is not working.
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What is the cost of not daring? What is the cost of not trying?
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