Essay On The Blue Sweater

In chapter13 of The Blue Sweater, this was written by Jacqueline Novogratz, the one thing that caught mine attention was the founding of the acumen fund. Novogratz mentions, the acumen was founded on April 2001. Novogratz and her team members employed three legal expects which included Dan Toole their first COO, David Buxbaum their investment banker, and Nadege Joseph who became Novogratz’s assistant. Acumen fund was organized to eliminate the traditional aids giving by donors and grantee relationship. Acumen’s donors are called investors that encourage them to reflect on themselves as financing in the change of poverty. During Acumen’s first year, Jacqueline and her team look specifically to invest in …show more content…
This incident happened in my village which was called Prabon in the Ashanti region of Ghana. A certain NGO, which means Non-Governmental Organization, came to my village; they realized that the farmers were having problems in buying insecticides, weedicides and even seeds. After seeing the complaints made by the local farmers, they made up their minds to create an agricultural credit union bank, which would enable the farmers to go there and get loans without adding any interest to buy the stuff that are needed in the farm, and later on the farmers are supposed to pay the money bank.it was founded on January 1999. The paramount chief of my village was very excited because some NGO come there, and make promises that they know they can’t do it. The NGO then appointed some of their own people to head the agricultural credit union bank in my village to manage the affairs of the farmers, and the bank. Every year, the NGO then visits the farmers on their farms and ask them how are their farm doing and how do they see the bank, if it’s good or bad because they want to know if they made the right choice of creating the