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
Jacqueline NovogratzEach of us can work to change a small portion of events. And it's in the total of all those acts that the history of this generation will be written.
Jacqueline NovogratzThere are cases where government-to-government aid actually has worked. Look at the eradication of smallpox and the near eradication of polio. But these are really top down solutions that require government-to-government support and aid.
Jacqueline NovogratzFor too much of history, we've viewed the world's precious resources - both environmental and human - as things to extract, to make the most of in order to maximize their potential.
Jacqueline NovogratzWhen I first went to Africa, I thought that I was personally going to save the continent, if not the world.
Jacqueline Novogratz