Jacqueline Novogratz (SD) - Part 2
from Social Justice Hosted by Academy of Achievement
A graduate of the University of Virginia and Stanford Business School, Jacqueline Novogratz began her career in international banking with Chase Manhattan Bank before founding Duterimbere, a micro-finance institution in Rwanda. She initiated and led The Philanthropy Workshop and The Next Generation Leadership program at the Rockefeller Foundation. In 2001, Novogratz founded the Acumen Fund to finance small-scale businesses that supply life-changing goods and services to underserved communities in the developing world. By 2009 Acumen Fund had invested $40 million in over 35 enterprises. Today, locally controlled businesses with Acumen financing are providing energy, health care, housing and running water to 25 million people in Pakistan, India, Kenya and Tanzania. She related her experiences in the bestselling memoir, The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World.
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