Dear Friends of Acumen,
As 2011 comes to a close, I’ve been reflecting on the past year and the many headline stories of financial uncertainty, political uprisings, and natural disasters. Everywhere are signs of growing recognition that the status quo is no longer an option. The world needs to experiment with new ways of renewing and revitalizing both our systems of capitalism and of government. Acumen Fund is one such experiment and we need your support to create even greater impact in our next phase.
I often repeat our major accomplishments: over 86 million people served with basics like safe drinking water, clean energy, agricultural inputs, and healthcare; and over 55,000 jobs created across East Africa and South Asia. But at the end of the day, patient capital investing is a human story. It is about investing ourselves in one another for the long-term, attaching real stakes (which traditional charity often fails to do) and real engagement in poor communities to the goal of long-term social impact, not short-term financial gain. This is what sets Acumen apart – not just what we do, but how we do it.
When you support our work, you support our investments in companies, leaders, and ideas that can change the world. You support efforts to build sustainable companies like GEWP that enable smallholder farmers like Sridhar Chimane, who lives in the village of Jalkina in Maharashtra, India, to take risks and purchase drip irrigation systems. The results Sridhar experienced were beyond his wildest imagination – yields on his tomatoes improved by 20%, his power bills were cut by half, and he consumed far less water in the process – all of which significantly increased his income. Now take Sridhar’s sense of achievement, his ability to improve his living conditions and those of his family, and multiply that by the 330,000 units GEWP has sold. From just one example, you can begin to see why we need new ways of thinking about our giving. This kind of philanthropy allows organizations like Acumen to invest in some of the world’s riskiest ventures – ones that promise results for the poor and a greater sense of dignity for all of us.
To grow to this next level, we need your support. Please join us for the journey and commit to giving a gift this holiday season to help us build a world beyond poverty – one that extends the fundamental assumption that man is created equal to every man, woman, and child on the planet.
Make a donation: https://secure3.convio.net/acumen/custom/donate10.html
CEO, Acumen Fund