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 <title>NextBillion.net - Development Through Enterprise - Acumen&amp;#039;s New Model for Third-World Aid - Comments</title>
 <link>http://www.nextbillion.net/newsroom/2006/11/13/acumens-new-model-for-third-world-aid</link>
 <description>Comments for &quot;Acumen&#039;s New Model for Third-World Aid&quot;</description>
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 <title>Related to this story is the</title>
 <link>http://www.nextbillion.net/newsroom/2006/11/13/acumens-new-model-for-third-world-aid#comment-4537</link>
 <description>Related to this story is the list of social entrepreneurs and non profits &quot;that are using the disciplines of the corporate world to tackle daunting social problems&quot; which have been recognized by Fast Company. We have featured just one (The Scojo Foundation) of the dozens they have listed on our blog, but you can view the full list here:
 
&lt;a href=&quot;http://www.fastcompany.com/social/&quot; title=&quot;http://www.fastcompany.com/social/&quot;&gt;http://www.fastcompany.com/social/&lt;/a&gt;
&lt;br class=&quot;clear&quot; /&gt;</description>
 <pubDate>Tue, 14 Nov 2006 23:58:26 -0500</pubDate>
 <dc:creator>Aman</dc:creator>
 <guid isPermaLink="false">comment 4537 at http://www.nextbillion.net</guid>
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 <title>Acumen&#039;s New Model for Third-World Aid</title>
 <link>http://www.nextbillion.net/newsroom/2006/11/13/acumens-new-model-for-third-world-aid</link>
 <description>&lt;div class=&quot;flexinode-body flexinode-4&quot;&gt;&lt;span class=&quot;flexinode-timestamp-13&quot;&gt;
November 11, 2006 - 00:00,
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BusinessWeek&lt;/span&gt;

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Acumen&amp;#039;s New Model for Third-World Aid&lt;/div&gt;&lt;br&gt;

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 &lt;label&gt;Story Link:&lt;/label&gt;
 &lt;a href=&quot;http://www.businessweek.com/innovate/content/nov2006/id20061110_328875.htm?chan=innovation_innovation+%2B+design_top+stories&quot;&gt;http://www.businessweek.com/innovate/content/nov2006/id20061110_328875.htm?chan=innovation_innovation+%2B+design_top+stories&lt;/a&gt;
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&lt;strong&gt;Teaser: &lt;/strong&gt;&lt;br /&gt;
Acumen&amp;#39;s founder is Jacqueline Novogratz, a former banker with an infectious magnetism and a melodic voice that delivers a constant call to action. Under her leadership, the fund manages $20 million in investments that fall within three portfolios: health, water, and housing. But Acumen&amp;#39;s goal is far larger than successful companies. Says Novogratz: &amp;quot;We&amp;#39;re creating an overall desi&lt;br class=&quot;clear&quot; /&gt;&lt;/div&gt;
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Travel northeast out of New Delhi, and long after the paved roads have given way to dirt, you&amp;#39;ll reach Thathia, a tiny village in Kannauj. Tucked away beside the sacred waters of the Ganges, it&amp;#39;s an impoverished rural district in one of the poorest states of India, Uttar Pradesh. Less than 20% of people read. Infant mortality is nearly the highest in the country. Disease is rampant.&lt;br /&gt;&lt;br /&gt;There, if it&amp;#39;s not Sunday, chances are that Garima Devi will be seated, with her hair tied back, behind a computer at a wooden table in a concrete house marked &amp;quot;Drishtee Telekiosk.&amp;quot; There may be a line, as people walk many miles to talk to her. I need a loan because my sugar cane crop failed, someone will say. My husband has died, and the government pension never came. My son lost his job; can he get computer training? Devi, who is 21, listens, then logs on to her computer and goes to work.&lt;br class=&quot;clear&quot; /&gt;&lt;/div&gt;

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 <comments>http://www.nextbillion.net/newsroom/2006/11/13/acumens-new-model-for-third-world-aid#comment</comments>
 <category domain="http://www.nextbillion.net/blogs/topic/successful-models">Successful Models</category>
 <pubDate>Mon, 13 Nov 2006 12:11:06 -0500</pubDate>
 <dc:creator>Rob Katz</dc:creator>
 <guid isPermaLink="false">3596 at http://www.nextbillion.net</guid>
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