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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.
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
Western
Seed
Security
Farmers
Food
Fund
Economic
Capital
Seeds
Acumen
Independence
Kenya
Investment
Enhance
Patient
Intended
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If indeed we can create systems that allow individuals to access goods and services like health and housing and energy and water, in a way that they can afford, they'll all have greater choice, greater opportunity, greater dignity.
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For too much of history, we've viewed the world's precious resources - both environmental and human - as things to extract, to make the most of in order to maximize their potential.
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I have seen that traditional approaches to charity and aid don't solve problems of poverty. In fact, too often they create dependence.
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Dignity is more important than wealth.
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We can send people to the Moon we can see if there's life on Mars - why can't we get $5 [mosquito] nets to 500 million people?
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Just start Don't wait for perfection. Just start and let the work teach you.
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Our actions - and inaction - touch people every day, people we may never know and never meet.
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Dignity is more important to the human spirit than wealth.
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May each of you live lives of immersion. They won't necessarily be easy lives. But in the end, it is all that will sustain us.
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My dream is to find individuals who take financial resources and convert them into changing the world in the most positive ways.
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I have also been touched by the dark side of power and leadership.
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Nothing important happens in life without a cost.
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I believe the government should ensure all children are provided with a good education.
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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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Monsters will always exist. There's one inside each of us. But an angel lives there, too. There is no more important agenda than figuring out how to slay one and nurture the other.
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I think I still have a great sense of adventure and trust, and am surprisingly idealistic given all the horrible things I've seen since I was 25. I think how I have changed is that I have a much deeper understanding of the dark forces in the world, of power.
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Human beings tend not to spend money on health preventionally. We tend to spend it on top treatment.
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I think we so often equate leadership with being experts - the leader is supposed to come in and fix things. But in this interconnected world we live in now, it's almost impossible for just one person to do that.
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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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Poverty is too complex to be answered with a one-size-fits-all approach, and if there is any place that illustrates that complexity, as well as a better way forward, it is Rwanda.
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