From Acumen Fund's Jacqueline Novogratz's new letter:
"As a world, we have to do a better job creating the conditions that enable human beings to thrive in every country. Too often governments and aid agencies have focused on large-scale infrastructure projects that rarely reach the poor. Instead, we need more patient capital investing in entrepreneurial solutions that ultimately enable low-income individuals to help themselves." (Emphasis mine.)
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"As a world, we have to do a better job creating the conditions that enable human beings to thrive in every country. Too often governments and aid agencies have focused on large-scale infrastructure projects that rarely reach the poor. Instead, we need more patient capital investing in entrepreneurial solutions that ultimately enable low-income individuals to help themselves." (Emphasis mine.)
[Read more...]
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