You are currently browsing the tag archive for the ‘UNICEF’ tag.
A friend of mine recommended this book to me a while back, but I never got around to it. Today it showed up on William Easterly’s Aid Watch. Sound like a good winter break read to me! =)
Post by Laura Freschi, Aid Watch
When Jacqueline Novogratz, founder of the Acumen Fund (and author of The Blue Sweater), was in her early twenties, she turned down a promotion on Wall Street and went to the Cote d’Ivoire to open a new branch of the African Development Bank focused on microfinance for women. But the West African women she was supposed to work with shunned her. They talked about her derisively in her presence, letting her know exactly what they thought of an untested, unmarried, American woman with poor French skills being sent to lead them. They intimidated her, locked her out of the office, and (Novogratz suspects) actually gave her food poisoning to scare her away. It worked.
On her next assignment, in Nairobi, she spent hundreds of hours analyzing the loan portfolio of a young microfinance organization. Presenting her results, she recommended a drastic restructuring. A week later, she found her handwritten report had been “lost,” and all her work destroyed.
Any other 24-year-old might have gone home. For Novogratz, these heartbreaking episodes led to some profound revelations:
“I wanted to help,” she writes, “but that didn’t matter to anyone but me.” “Donors could convince themselves to give to nonperforming organizations based on a few good stories. The world needed something better than that.”