Jacqueline Novogratz
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Jacqueline Novogratz is the founder and CEO of Acumen Fund and the author of The Blue Sweater, just out in paperback. Acumen Fund seeks to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Its investments focus on delivering affordable, critical goods and services – like health, water, housing and energy – through innovative, market-oriented approaches. Acumen Fund currently manages more than $40 million in investments in South Asia and East Africa, all focused on delivering affordable healthcare, water, housing and energy to the poor. The organization also includes the Acumen Fund Fellows Program, focused on building the next generation of business leaders with an understanding of global issues and poverty. The organization has offices in New York, Pakistan, India and Kenya.

Prior to Acumen Fund, Jacqueline founded and directed The Philanthropy Workshop and The Next Generation Leadership programs at the Rockefeller Foundation. She also founded Duterimbere, a micro-finance institution in Rwanda. She began her career in international banking with Chase Manhattan Bank. She is currently on the advisory boards of Stanford Graduate School of Business and of Innovations Journal published by MIT Press, and she serves on the Aspen Institute Board of Trustees and as a member of two World Economic Forum Global Agenda Councils, on Social Entrepreneurship and on Water. She is an Aspen Institute Henry Crown Fellow and a Synergos Institute Senior Fellow, and she was recently honored as an Ernst & Young Metro New York Entrepreneur of the Year 2008 award. She is a frequent speaker at international conferences, including the Clinton Global Initiative and TED. She has an MBA from Stanford and a BA in Economics/International Relations from the University of Virginia. She speaks Spanish and French and has a working knowledge of Swahili. Her book, The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World, will be published in March 2009. (For more information on Acumen Fund, please visit www.acumenfund.org. For further details on Jacqueline’s book, go to www.thebluesweater.com.)

Photo: ©Joyce Ravid

Blog Entries by Jacqueline Novogratz

What It Means to Really Stand for the Poor

0 Comments | Posted April 5, 2012 | 4:29 PM

In places where government priorities and market imperatives create a world so capricious that to help a neighbor is to risk your ability to feed your family, and sometimes even your own liberty, the idea of the mutually supportive poor community is demolished. The poor blame one another for the...

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Taking the Next Step in Pakistan

0 Comments | Posted August 1, 2011 | 10:45 AM

LAHORE, PAKISTAN

This morning, Lahore is hot and sunny. Former Acumen Fund Fellow Jawad Aslam meets us in our guesthouse lobby and we drive through the city, passing Lahore's beautiful fort and mosque, admiring the mix of cars and donkey carts, of morning life, though traffic is easier before nine...

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Winter 2011: A Growing Sense Of Urgency

0 Comments | Posted February 16, 2011 | 6:19 PM

The year 2011 has many of us around the world trying to catch our breath and make sense of all that is happening at home and elsewhere. Think about the Middle East and North Africa! Egypt has unleashed a global recognition that change is possible -- and people want to...

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Are You Ready to Change the World?

0 Comments | Posted December 6, 2010 | 12:14 PM

People are searching for better uses of their charity. After nine years, I feel most strongly than ever that patient capital is a powerful way to build sustainable enterprises that can bring critical services like clean water, health care, housing and energy to low-income people in ways that they can...

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Humanity Amidst the Horror in Pakistan

0 Comments | Posted September 13, 2010 | 11:47 PM

When TED's Chris Anderson and I returned last week from our visit to Pakistan's flood zones, we couldn't get out of our heads the faces of the people we'd seen. They comprised the true treasure of Pakistan, the unlimited potential of what it means to be human, stuck...

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Is There a Better Refugee Camp Design?

0 Comments | Posted September 6, 2010 | 11:04 AM

Five days ago, the great river Indus continued its rush to the sea and flooded the plains of Thatta and Sujawal, towns located about 90 minutes outside of Karachi. Dr. Rashid Bhajwa hosted my husband, Chris Anderson, and me to visit the camps his organization is supporting there. Dr....

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Pakistan Needs More Servant Leadership

0 Comments | Posted September 3, 2010 | 7:44 PM

I'm in the office of Dr. Sono, one of Pakistan's most extraordinary social entrepreneurs. Born a Hindu Dalit or "untouchable," he has worked for his country since his youth and emerged as one of the most important grassroots leaders in Sindh. He runs the Sindh Rural Support Organization, a nonprofit...

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Dispatches From Pakistan

0 Comments | Posted September 2, 2010 | 7:33 PM

2010-09-02-imran.jpg
Imran


At a camp for flood victims in Rhojan, Pakistan, we meet a man named Humayan who is standing beneath his USAID-issued plastic tarpaulin with 16 family members on a 100-plus degree morning. He tells us he is a tractor driver...

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Time to Give: Pakistan Needs the World's Help

0 Comments | Posted August 24, 2010 | 2:20 PM

My friends in Pakistan are sending me notes describing the almost unimaginable devastation wrought by weeks of flooding that have left an area the size of Austria, Belgium and Switzerland combined under water, 20 million people homeless, killed more than 1,500 individuals, and destroyed more than a $1 billion in...
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The Story of Ifra

0 Comments | Posted July 6, 2010 | 2:19 PM

Her husband left her to marry a second wife. Ifra was still young then, married to a man her parents had selected for her; happy with their three children. But the husband thought she'd grown old. He took another wife, moved out of their flat and ceased all financial support....
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Model Community Inspires Hope in a Divided Pakistan

0 Comments | Posted June 22, 2010 | 5:48 PM

It is always emotional for me to visit Khuda ki-basti 4 (KKB-4), the housing development built by Saiban, an Acumen Fund investment, outside Lahore, Pakistan. I remember the first year when it was impossible to get the land registered because Jawad Aslam (KKB-4's manager and former Acumen Fellow)...

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The Importance of Remembering Where You Come From

0 Comments | Posted June 11, 2010 | 8:20 PM

I'm flying from Islamabad to Lahore, Pakistan. My seatmate is a little girl, about 10 years old, dressed in a fuchsia top and matching leggings with a very hip belt around the waist. Her tiny wrist is circled with a red flowered watch and she wears dainty earrings. She is...

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Could We Live In A World Without Predators?

0 Comments | Posted April 7, 2010 | 11:47 AM

I'm in the Galapagos Islands with TED to celebrate Sylvia Earle's TED prize focused on saving the oceans . This morning, I took a walk to the ocean's edge in the pouring rain, stopping frequently to marvel at the beauty of this most exquisitely beautiful place. The bright...
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Despite Living Through Genocide, One Can Still Seek Out The Goodness In People

0 Comments | Posted March 24, 2010 | 11:51 AM

A friend from Rwanda visited me on Friday. I first met her in the country's capital, Kigali, in 1996, two years after the genocide. She was working at UNICEF then, and though we had just met, she helped me track down the people I had known when I and a...
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Dignity Is More Important Than Wealth -- A Universal Truth

0 Comments | Posted March 19, 2010 | 2:29 PM

I meet Maryam Bibi, one of Pakistan's true heroes, in our office. Maryam is known among those circles of women who fight against all odds in the most challenged communities, sacrificing and risking everything at times, all because they have a vision of what could be. Today, she is wearing...

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The Blue Sweater Challenge: Inspiring Social Change in Kenya

0 Comments | Posted March 10, 2010 | 12:41 PM

Last week, I received an honorary degree from Wofford College in Spartanburg, South Carolina in honor of Sandor Teszler, an extraordinary Hungarian who fled the Nazis after losing most of his family and settling in Spartanburg, where he built one of the first fully integrated textile factories in the region....

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A Random Act Of Kindness That Brightened A Long Day In The City

0 Comments | Posted February 25, 2010 | 8:12 PM

Sitting on panels to interview candidates for Acumen Fund's fellows program is always a highlight for me. Yesterday was no different as we met with five of 56 finalists from 600 candidates who applied from 65 countries for our one-year program. Each person at our New York City panel was...
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How One Blue Sweater Started A Book Club And Changed Lives (PHOTOS)

0 Comments | Posted February 16, 2010 | 6:30 AM


In "The Blue Sweater", which comes out today (February 16) in paperback, I share the story that gives the book its title as an example of the interconnectedness of people around the world:

It all started with the blue sweater, the one my uncle Ed gave me. I loved that...

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Moving Day in Mathare Valley

0 Comments | Posted March 30, 2009 | 11:51 AM

Mathare Valley, Nairobi

Mama Rose...

"Will I miss anything about Mathare Valley?" the old woman wrinkled her nose and her already small eyes narrowed to quiet slits. "If you said I had to leave here in ten minutes with everything I have, I would be ready to go in nine....

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Housing the Poor? Nothing Is Impossible

0 Comments | Posted March 12, 2009 | 3:15 PM

Silver hair, crucifix, pale blue eyes and an irrepressible spirit that shines through, Ingrid Munro, daughter of missionaries, meets us for lunch at a restaurant called The Springs in an upscale part of Nairobi. The restaurant is spacious and clean with umbrella-covered tables filled with people eating typical Kenyan food.

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