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Jacqueline Novogratz discusses creating a high-trust society, moral leadership, dignity vs poverty, and the impact of Acumen. Topics include social return on investment, solar innovation, and the power of entrepreneurship. She emphasizes the importance of trust, accountability, and empowering communities through sustainable solutions.
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Quick takeaways
- Acumen redefined philanthropy through impact investing, emphasizing long-term support for entrepreneurs.
- Trust and values-driven entrepreneurship are vital for creating impactful ventures and empowering communities.
Deep dives
The Origins of Acumen Fund and Redefining Charitable Giving
The founder of Acumen Fund, Jacqueline, traces the origins of the organization back to her upbringing that instilled the value of giving back. Inspired by her work in banking and witnessing the disparities in access to credit, she founded the first microfinance bank in Rwanda to empower those lacking financial resources. Acknowledging the limitations of top-down aid, Acumen adopted a customer-centric approach, treating individuals as active participants, not just charity recipients.
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