Jacqueline Novogratz: Tackling poverty with “patient capita”

Watch the video:

http://www.youtube.com/watch?v=H6kBP9b3I90

Jacqueline Novogratz is pioneering new ways of tackling poverty. In her view, traditional charity rarely delivers lasting results. Her solution, outlined here through a series of revealing personal stories, is “patient capital”: support for “bottom of the pyramid” businesses which the commercial market alone couldn't provide. The result: sustainable jobs, goods, services – and dignity – for the world's poorest.