Archive for the ‘Acumen News’ Category

Seen & Heard – What You Might Be Missing

Tuesday, August 17th, 2010

Seen & Heard is a collection of recent headlines in the news about our world, our work, and the spaces and places in between. With each post we ‘ll also share a list of job openings at Acumen Fund and in our sector. Seen & Heard will appear approximately twice a month and will replace the weekly News Roundups. We apologize to the legions of you who were die-hard News Roundup fans. We hope that this is an improvement. For those of you who like keeping a pulse on the latest news as it’s happening, please consider following us on Twitter! Finally, if you have ideas for how we can improve Seen & Heard, please don’t be shy and leave a comment below to let us know. Thanks for reading!

Headlines

  • The tragic flooding in Pakistan continues to take an unprecedented toll on an unimaginable scale. Over 1,500 lives have been lost and approximately 20 million Pakistanis have been directly affected. On Friday we posted a blog naming a few of the organizations we trust who need your support in their relief efforts. Read the post here to learn how you can help.

Articles of the Week

AF and AF Family in the News

  • The first episode of the new CNBC series “What the Future” features Acumen Fund founder and CEO Jacqueline Novogratz and the inspiring work of two of our investees in Kenya. Be sure to view all 3 parts!
  • A good WSJ article on Acumen Fund Advisor and Partner Amy Robbins and the work of her foundation: “I’m never going to be the biggest player in the market, but if I can go to the riskiest places which often get overlooked by larger organizations, we can add the most value.”

Kenya in the News

  • Kenyans recently passed an important constitutional referendum. Check out what’s at stake in this Salon article.
  • A provocative NY Times op-ed on slum tourism in Kibera – do tourists who visit slums actually leave more likely to help or do they strip slum residents of their dignity?

India in the News

Water in the News

  • The Washington Post reports on inefficient irrigation methods adding to the water shortages in Pakistan
  • A new UN resolution declares water a right, but what does this mean for actually delivering the water?

General Development News

Jobs

At Acumen Fund (links to all job openings at AF can be found here)

  • Chief Financial Officer
  • India Director
  • Pakistan Portfolio Associate
  • Pakistan Portfolio Consultant
  • East Africa Portfolio Manager
  • India Portfolio Associate
  • Volunteer Communications Associate
  • India Portfolio & Operations Manager

In the Sector

Many thanks to Kit Burton for kicking off our first issue of Seen & Heard! This summer Kit volunteered in Acumen Fund’s New York office managing community engagement. Next week Kit will be returning to Brigham Young University where he will be graduating this December with a degree in International Relations.

Announcing The Blue Sweater Book Giveaway Competition!

Monday, August 16th, 2010

Photo Credit: Shannon Jensen

We are excited to announce The Blue Sweater 500, a competition that will provide copies of The Blue Sweater free of cost to the most creative ideas for using the book. Submissions will be evaluated by a panel of judges including Jonathan Greenblatt (President of All For Good and co-founder of Ethos Water), Craig Newmark (founder of craigslist), and Jacqueline Novogratz, author of The Blue Sweater and Acumen Fund CEO.

Through the gift of a generous donor, we have 500 paperback copies of The Blue Sweater to give away in quantities of 25, 50, or 100 books. Entries will be judged based on originality, impact, and need. Winners will receive a shipment of books this fall and will be asked to write a post for Acumen’s blog that will share the outcomes of their projects with the world using photo and/or video.

Proposals will be accepted from now until September 16th, and winners announced on October 1st.  Download the entry form here.

Although we can only ship books domestically at this time, we welcome international entries that can specify how the books would be transported overseas.

Some inspirational projects that have been carried out with small quantities of books include:

We hope this gift will make more of these moments possible!

Wei Wei Hsing is an Innovation Associate in Acumen Fund’s New York office.

The Pakistan Floods: How You Can Help

Friday, August 13th, 2010

Photo Credit: SAJJAD QAYYUM/AFP/Getty Images

As you know, Acumen Fund is committed to working in Pakistan where we have been operating since 2002. We have been closely watching the developments with the severe flooding on the ground, and would like to provide an update on the situation, highlighting organizations that you can support in their response efforts to this grave and urgent situation.

Pakistan has been affected by the worst floods in living memory.  13.8 million people have been displaced by the flood and 6 million of these require immediate help according to the UN Office for the Coordination of Humanitarian Affairs (OCHA),.  The floods have severely affected all of the provinces of the country and the magnitude of the devastation dwarfs other recent natural disasters. The millions who have been displaced were living at or below the poverty line and whatever little possessions and assets they had have been washed away, and their crops destroyed by the flood. The public infrastructure in the region – including access roads and bridges – have been badly damaged or have collapsed. There is a desperate need for temporary shelter, clean drinking water and toilets to avert a public health catastrophe. People also need basic goods and essential medical care.

In the wake of this devastation, thousands of Pakistanis – together with national and international relief organizations – have stepped forward to generously contribute and volunteer their time and resources to alleviate the suffering of their fellow country men and women. While Acumen Fund works in Pakistan with some of the leading social enterprises to provide low-income groups with access to critical products and services in a sustainable way, we do not have the capability to be directly involved in relief activities. We call on our community of supporters and partners around the world to support relief organizations working in Pakistan and assist in any way they can to make a difference in this grave and urgent humanitarian situation.

Many organizations are doing extraordinary work directly, and we would like to recommend a few organizations we trust that you might consider supporting in their Pakistan flood relief efforts. We hope to share more information with you all through our blog as we hear more from those working on-the-ground in Pakistan.

  1. Rural Support Program Network (RSPN) is a national organization and the largest non-government network of rural development programs.  RSPN’s partners have worked extensively in disaster relief efforts in Pakistan, including the 2005 Earthquake. RSPN is collecting donations for affected families. Donations will be provided to affected families through the on-ground network of RSPN’s partners, including SRSO that is headed by Dr. Sono Khangharani, a long time Acumen friend.
  2. The Citizens Foundation (TCF) is a non-profit organization set up in 1995 by a group of citizens concerned with the dismal state of education in Pakistan. It is now one of Pakistan’s leading organizations in the field of formal education.  It has 660 school units in hundreds of rural areas and urban slums located in 68 towns and cities across Pakistan.  Although its focus is on education, TCF was actively involved in relief efforts after the earthquake and is once again mobilizing resources to contribute towards the flood relief efforts.  TCF plans to provide food packages to flood affected people and has set a target to provide 20 million meals to these people in 30 days.  The aid will be in the form of ration bags containing flour, rice, cooking oil/ghee, lentils, dried milk, sugar, salts and spices, dates etc. Each bag will feed a family for a month. To give to TCF in the US, follow this link.
  3. Kashf Foundation, one of the largest micro finance organizations in Pakistan which lends to women in low income communities, is also an Acumen Fund investee.  Kashf has also started a relief drive wherein relief packages will be distributed to 10,000 households in the most affected areas. Each relief package will sustain a household of 5 members for 4 weeks. Kashf undertook similar relief efforts in 2005 where 10,000 families were provided food and shelter through its efforts and in 2009 to 1,000 internally displaced families.Given Kashf Foundation’s focus on provide sustainable livelihoods, the next phase of rehabilitation will involve support through access to financial services so that affected households can rebuild their income streams.To make a donation, contact CEO Roshaneh Zafar via her assistant Fatima Raja: fatima.raja@kashf.org
  4. International Rescue Committee is responding to the devastation caused by severe monsoon season rains and extensive flash flooding throughout Pakistan. With a robust network of local staff and partners already on the ground, and 30 years of experience working in Pakistan, the IRC is well-positioned to provide shelter, clean water, sanitation, and essential supplies to those who have fled the rising waters.
  5. Mahvash And Jahangir Siddiqui Foundation, established in 2003, is a charitable, not-for-profit organization which is run by several Board Members and staff on a gratis basis. On Flood relief, the Foundation has designed a Relief Process that provides basic food, clean water, and essential medicine. The Foundation is in close coordination with local NGOs to directly provide basic relief items such as 8 day food rations and clean drinking water. MJSF is currently working in selected areas of Sindh and Khyber-Pakhtoonkhwa. MJSF is also an Acumen Fund partner supporting social entrepreneurship in Pakistan since 2005.

Aun Rahman is the Country Director for Acumen Fund Pakistan.

CNBC World Features Acumen in Launch of “What the Future”

Friday, July 30th, 2010

What the FutureEarlier this year, when CEO Jacqueline Novogratz was in Kenya, a production crew accompanied her as part of a program called What the Future, which focuses on individuals and organizations who are, in the show’s words, “creating the future, right now.”

What the Future will launch this Saturday, July 31 on CNBC World, and the first episode – aptly named “Choice Not Charity” – features the work of Acumen Fund and of investees Jamii Bora and Ecotact.

The show will air on Saturday at 8:30 pm and again at 11:30 pm EST. (Then again on Tuesday at 9:30 a.m. EST). In the US, you can find where to watch here. Elsewhere, please check your local provider for listings for CNBC World.

If you have trouble catching it on TV, video is also available on the What the Future website – watch part 1part 2 and part 3.

We’d love to hear what you think – please join the discussion on our online community!

News Roundup: Pakistani Taxes, BBC World Challenge, Fellows and Cash to End Poverty

Friday, July 23rd, 2010