Name: Patient capitalism
Uploaded: 2007-08-12T15:00:00Z
Duration: 18 min 9 s
Description: Jacqueline Novogratz shares stories of how "patient capital" can bring sustainable jobs, goods, services -- and dignity -- to the world's poorest.

Jacqueline Novogratz shares stories of how "patient capital" can bring sustainable jobs, goods, services -- and dignity -- to the world's poorest.

Patient capitalism

Transforming poverty requires listening deeply and investing in people, not just giving aid. By turning a Rwandan charity bakery into a thriving business, women began earning three to four times the national average. Patient capital—investment that blends market discipline with social purpose—helped launch companies that deliver jobs, health, and opportunity across Africa. True change happens when markets and philanthropy work together, respecting local voices and fostering real choice.

Dignity Demands More Than Charity—It Needs Patient Capital

business

global issues

medicine

philanthropy

poverty

women

women in business

finance

international development

investing

TED Stage Talk

Jacqueline Novogratz: Patient capitalism