Sundarrajk's Weblog

Posts Tagged ‘Acumen

The Blue SweaterThe Blue Sweater by Jacqueline Novogratz

My rating: 4 of 5 stars

Jacqueline was bitten by the philanthropy bug even when she was quite young. The book is about her experiences, primarily in East Africa. The book describes how empowering women to borrow to run the businesses that they run to sustain themselves and to teach them about why it is important to return the loan helps the society at large. She has illustrated many of the success stories and also the failures that she faced in the process.

The biggest difference in the way she operates is that she does not dole out grants, but gives out loans and ensures that the people put it to good use and also return it.

A nice book to get insight into the state of affairs in Africa.

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