“On the one hand, I loved being a banker. I loved how numbers could tell a story and how you can invest in ideas and see them translate into products and services and create jobs. What I didn't like, particularly where I was working in Brazil during the debt crisis of the early '80s, was how the poor were excluded from the banking system. I made the decision to try and experiment with whether we could use the tools of banking to extend the benefits of the economy to the poor.” TryingMadeIdeasStoriesUseHandsJobsDecisionPoorNumbersEconomyProductsBenefitsToolsCrisisDebtExperimentsTranslate80sBankingBankersBrazilExcludedBanking SystemDebt Crisis Author:Jacqueline Novogratz
“Being poor doesn't mean being ordinary.” MeanPoorOrdinaryThought ProvokingProvoking Author:Jacqueline Novogratz
“The only way to end poverty, to make it history, is to build viable systems on the ground that deliver critical and affordable goods and services to the poor, in ways that are financially sustainable and scaleable. If we do that, we really can make poverty history.” IfsWayEndsPoorPovertyCriticalGoodsThought ProvokingProvokingAffordableGoods And Services Author:Jacqueline Novogratz
“The poor also are willing to make, and do make, smart decisions, if you give them that opportunity.” IfsGivingOpportunityDecisionPoorWillingSmartThought ProvokingProvokingSmart Decisions Author:Jacqueline Novogratz
“When it comes to solving problems of poverty, impact investing can act as a catalyst, but it is not a silver bullet. Successful businesses serving the poor need more than investment capital. They also need infrastructure to enable effective distribution, strong regulatory systems, access to markets, technical assistance as they scale up, and more” NeedsProblemStrongPoorPovertySuccessfulImpactInvestmentInvestingAccessScalesSilverServingProblem SolvingBulletsAssistanceDistributionInfrastructureCatalystSuccessful BusinessSilver Bullets Author:Jacqueline Novogratz
“When we deny the poor and the vulnerable their own human dignity and capacity for freedom and choice, it becomes self-denial. It becomes a denial of both our collective and individual dignity, at all levels of society.” HumansSelfChoicesIndividualPoorLevelsCapacityDignityDenyVulnerableDenialCollectivesHuman DignitySelf-denialPoor And Vulnerable Author:Jacqueline Novogratz