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Building on Aid to Eliminate Poverty
Jun 23, 2024
Building on Aid to Eliminate Poverty
Acumen's New Approach to Aid
Problem
: Traditional aid often results in continuous dependency.
Solution
: A new kind of aid targeting poverty more effectively.
Method
: Invest in local entrepreneurs with community-based solutions.
Healthcare
Water
Housing
Alternative Energy
Philosophy
: Low-income individuals are not just recipients of charity but active participants (customers, clients, consumers).
Acumen’s Investments and Impact
Model
: Invest charitable donations in companies, leaders, and ideas to create long-term solutions.
Impact Since 2001
:
Benefitted over 100 million lives globally.
Success Stories
India and Africa
:
D.Light Design
: Provides over 7 million people with safe, affordable solar lanterns.
Nigeria
:
Ashifi Gogo & Sproxil
: Developed Africa’s first mobile verification system to identify counterfeit pharmaceuticals.
Impact: Prevents thousands of unnecessary deaths annually.
New York
:
Training the next generation of social impact leaders through year-long international fellowships.
Core Beliefs
Solutions to poverty should uphold individuals’ fundamental dignity.
Dignity > Wealth for the human spirit.
Entrepreneurs across sectors are creating innovations that offer freedom, choice, and opportunity.
Call to Action
Message
: Changing how the world tackles poverty requires collective effort.
Donation
: Support by donating at
acumenfund.org
.
📄
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