Thursday, November 16, 2006


Yasmina Zaidman in the NY Times

Good article in the Times about Acumen Fund and its approach to social change through investments.

My good friend adds some depth to the article as well:

"But often local entrepreneurs do feel tension between business and philanthropy, said Yasmina Zaidman, who manages water projects for Acumen. They are caught because nonprofits tell them to “stop making money off the poor” while business executives say, “If you want to make money, get serious, stop messing around in the rural areas,” Ms. Zaidman added. “They haven’t been supported or acknowledged.”

This is a critical issue in our social entreprise community (and I think the spokesperson is pretty brilliant too).

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