2.4 Patient Capitalism, Microfinance, and a Moral Revolution - Jacqueline Novogratz, CEO of Acumen

In this episode, we talk to Jacqueline Novogratz, the founder and CEO of Acumen. Acumen is an organization dedicated to alleviating poverty through “patient capital”—investing in entrepreneurs and giving them ample growing time, so they can disrupt unsustainable or predatory markets without worrying about profits. “Traditional markets too often overlook or exploit the poor; aid or charity too often creates dependency. Neither take the time to actually sit on the ground and listen to who low-income people are.” We talk about solar lanterns that took on the kerosene industry, a young woman who brought feminine hygiene products to her community, and what a moral revolution could look like.

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