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Poverty
1.
2. Mission: To create a world beyond poverty by
investing in social enterprises, emerging leaders,
and breakthrough ideas.
Vision: That one day every human being will have
access to the critical goods and services they need
so that they can make decisions and choices for
themselves and unleash their full human
potential. This is where dignity starts – not just for
the poor but for everyone on earth.
3. Tremendous wealth is being created in the world today
thanks to globalization and the power of technology and
markets. Yet there is a growing gap between rich and poor.
Something must be done to extend the benefits of the
global economy to the majority of the world’s population
that lives on less than four dollars a day and acumen fund
wants to be the one who does it.
They believe that pioneering entrepreneurs will ultimately
find the solutions to poverty. The entrepreneurs Acumen
Fund supports are focused on offering critical services –
water, health, housing, and energy – at affordable prices to
people earning less than four dollars a day.
4. Acumen Fund was incorporated on April
1, 2001, with seed capital from the Rockefeller
Foundation, Cisco Systems Foundation and three
individual philanthropists. Since then it’s network
of investors and advisors has grown to include a
wide range of individuals and organizations which
shares their belief in using entrepreneurial
approaches to solve the problems of global poverty.
5. Acumen Funds have touched the lives of tens of
millions of people. From ambulances to
electricity, they have $73 million of approved
investments in 65breakthrough enterprises that
serve the poor.
Tens of thousands of farming families in India are
benefiting from increased crop yields and income
thanks to global easy water products’ drip
irrigation systems installed by Acumen Fund.
6. Team members:
CPL Yue Lyon Ler(leader)
CPL Jia Le Jarrod Hwa
LCP Wei Le Wesley Goh
LCP Wang Xuan Justin Goh
Source:
http://www.acumenfund.org/ten/