Kiwibloke » Tackling poverty with “patient capital”

Daily English Show #12 – Kaikoura To Christchurch (Video)

March 20, 2012 – 7:17 am | 15 Comments

The Daily English Show, an occasional video series, has hit the road traveling through New Zealand in a United Campervan. This week the road travels from Kaikoura on the eastern shore of the South Island …

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Tackling poverty with “patient capital”

Submitted by Kiwi Bloke on November 19, 2007 No Comment

One of the non-profit’s I support is the Kiva.org. It is a micro-loan organization that links capital providers (eg me) with businesses that need micro-loans in developing countries. It allows you to choose the loans you make and tracks the results for you.Â I suggest you check it out.

Jacqueline Novogratz is pioneering new ways of tackling poverty. In her view, traditional charity rarely delivers lasting results. Her solution, outlined here through a series of revealing personal stories, is “patient capital”: support for “bottom of the pyramid” businesses which the commercial market alone couldn’t provide. The result: sustainable jobs, goods, services — and dignity — for the world’s poorest.

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