From Tribeca To Tanzania
Keely Stevenson wrote about her work with Acumen Fund in Tanzania, working on distribution of mosquito nets. She has closed this chapter of her blog as she now helps to launch a global social enterprise investment fund from Geneva.
2008-04-15
Closing this Chapter
I have decided to wrap up this chapter of my blog From Tribeca to Tanzania and take a break for a few months before I write again.
In the meantime, I will still be storing up stories to tell you later as I continue to help build Bamboo Finance (www.bamboofinance.com) in Switzerland. As many of you have read, my newest adventures are in designing a new Swiss-based asset management company that specializes in social entrepreneurship. We have a great team that provides debt and equity investments to social ventures globally which are addressing critical problems (health, education, shelter, energy, etc.). This company is looking to fill the gap in risk capital for social enterprises described in the article I co-authored this year published by
As promised, I continue to read interesting books and will share my opinions when I blog again. The most recent book is called When a Crocodile Eats the Sun (a gift from a special Zimbabwean family-thanks) and another book I just peeled open is called MicroFranchising: Creating Wealth at the Bottom of the Pyramid (a gift from
Thanks so much to the community who has been reading my blog, contributing and supporting me. Please continue to contact me to share your ideas. And thank you to the Skoll Foundation and Social Edge team, especially Sally, Victor, Jason, Phil and Cristina for all of the creative ways they supported my opportunity to reflect here.
Here`s a round-up of my most interesting posts:
- You are Not Smart Enough to Be Pessimistic
- Last Night I Applied for Food Stamps and an Abortion
- Sex in the City: Last Night I Went to a NY Strip Club
- How I Raised $10,000 this Week
- Filex, an artist in Tanzania
- From 2 to 24 Striped Socks Behind Me
- Dynamic Distribution from the Factory Gates
- Getting Back to Living with HIV Instead of Dying from It
- Shit Business Brings Dignity
- A Screwtape Letter
- Female Circumcision
- Justice Like A Hot Dog
- My poem- An Invitation
Asante Sana
2008-02-16
Post Office offers Girl Child Insurance
A friend just emailed me about a very interesting approach to supporting girls in India. The Indian Postal Service may soon start offering girl child insurance, whereby the girl gets Rs 1 lac ($2,500) at the age of 18 and some kind of conditional cash transfer to the parents for bringing up the girl and delaying marriage till after 18! I hope this can start reversing some of the incentives for female child infanticide. Click below to read more:
http://www.hindu.com/2006/12/19/stories/2006121902311100.htm
2008-02-12
Naked Swiss & Spider in Space!
Things are not always what they seem at first glance. Just a few days ago, a NASA space craft flew near Mercury, the closest planet to the sun, and discovered spider shaped evidence that past volcanic activity had occurred there. This is a remarkable finding since it changes the way scientists have perceived the planet previously (thought only to be a cratery and rocky surface with little dynamism). "We were continually surprised. It was not the planet we expected. It was not (like) the moon," said Sean Solomon of Carnegie Institution of Washington, the mission's lead investigator. "It's a very dynamic planet with an awful lot going on."
This was such a healthy reminder to me that one`s original impressions are sometimes mistaken and it is important to `circle around mysteries many times` to make new discoveries. Social entrepreneurs are famous for discovering new ways to look at and address a social problem.
Buuuurrrrrr!!!!!!!
2008-02-10
Confession: My Connections with Tijuana Drug Dealers
Yes, in my time I have been known to hang around with trouble makers. A few weeks ago, I was in Tijuana,
To learn more about their full model, you can read the WRI case study which is quite comprehensive by clicking here.
Guillermo has an entrepreneurial spirit like no other and his passion for helping low-income people in
2008-01-27
MyC4- investing in African Entrepreneurs
Our world is constantly changing. We are closer and closer to each other although we may live thousands of miles away. One of the most fascinating examples of this to me is how social ventures are leveraging the Internet to engage the global community in raising resources to support their mission. We are seeing new platforms for peer-to-peer online lending such as Zopa, Prosper or RangDe in
So, I was encouraged when I heard recently about a new venture in beta testing which is focused on
Update on Believe Begin Become in TZ
Some of you may remember me announcing the application process for the Believe Begin Become Business Plan competition in
Here are two examples of the 20 final winners:
You can find others here: http://www.youtube.com/believebeginbecome
Social Enterprise Funding Opportunties
I met these guys last week and thought this might be helpful to those of you looking for funding: Investors’ Circle (IC) is now accepting company applications for its 2008 Spring Venture Fair, which will be held May 6th at the Hotel Nikko in San Francisco. IC seeks to feature the next generation of sustainable, mission-driven ventures at this event. Ventures with a focus in the following sectors are encouraged to apply: Energy & Environment, Food & Organics, Health & Wellness, Education, Media, and Community & International Development.
In the past 3 years, IC venture fairs have resulted in over $20 million in investment for approximately 1/3 of presenting ventures. Sample investments include Guayaki, IceStone, Indigenous Designs, PeaceKeeper Cause-Metics, Niman Ranch, and United Villages.
To apply, companies will need to submit an electronic application through the IC website by going to http://www.investorscircle.net. The deadline to submit an application is February 1st.
2007-12-09
Scenes of Silence
At the European Venture Philanthropy Association conference in
I have heard great things about one of his platforms called “Dialogue in the Dark” where participants are guided by blind people to experience an exhibit of darkness incorporating various communication interactions. He has incorporated this at places such as the World Economic Forum where powerful leaders from around the world communicated in the dark and could not rely on visual communication. “Dialogue in the Dark” has allowed over 4 million people in 19 countries the experience of being out of sight for an hour, several hours, or longer. (Although there is no comparison, some friends from Acumen Fund and I went to dark dining at a restaurant in NY where we were blindfolded our entire meal. It really was a good way to put yourself in the realities of the blind).
2007-12-08
Fashionably Fond of the Producers
When it comes to fashion, there is an exciting wave of social enterprises pushing the boundaries to spark responsible, ethical and fair trade consumerism. And not a minute too soon... I watched a news report the other day on yet ANOTHER sweatshop allegation for the fashion company, the Gap. Britain's Observer went undercover in Delhi, India finding Gap suppliers using children between ages 10 and 13 in conditions “close to slavery.”
Anyone who has seen the film, Mardi Gras: Made in China, has been confronted with the inequalities of globalization as the the film humanizes the commodity chain from
Bringing the producer and consumer closer to understanding each others realities is powerful. Two companies I have learned about recently are giving consumers that powerful choice to get quality fashion AND improve the lives of the producer.
MADE, is a company producing jewelry and accessories. All MADE products are designed by influential designers, then sourced and created within disadvantaged communities across
People Tree has been pioneering Fair Trade Fashion for a decade with market share in
Neither of these companies are charities. These are businesses providing the consumers with fashionable products while helping to break the cycle of poverty and empower producers. Good resources for your holiday shopping!
2007-11-29
How Much is Enough?
Many of us are asking ourselves, "how much is enough and what do I need? What really makes me happy?" We know we complicate our lives with consumerism and the comforts of “more”, but somehow seem trapped in it. I’ve been fascinated by the buzz about Happiness research over the last two years which compares data on wealth, education and marital status with results of happiness surveys. What they are discovering (surprise, surprise) is that money actually doesn’t make you happy, but in fact, relationships and social interaction have a much higher correlation with happiness.
As the holiday season comes into play, I thought you all would enjoy this video called “What about me.”
Much more to come on this happiness topic…
2007-11-28
Like Chewing-gum Stuck to our Shoes
When I was in
He goes on to describe the hardships of falling ill and navigating your way through a system when you are poor. He continues with:
“Poverty is Problem Number One in
The causes of poverty are complex; its solutions have many dimensions. Better health, better education, better opportunities are pre-requisites. A thoughtful approach to economic participation is necessary... But more concern, more awareness, more sensitivity is within each person’s grasp. A poor person is just you with less money. Step one is to realise this”.
He points to a few important things. One is the simple “I am you. You are me” philosophy that if we can put ourselves in the shoes of others, all benefit (even if we think we are better off). His other point is why I believe in the market-based approach as one strategy to solving poverty- it brings dignity and voice to the poor, who are producers and consumers in their own right. They are the ones who know what they need and want most—so mechanisms which help producers and providers understand the needs and true realities of their experiences are the most powerful mechanisms to change.
I then came across a very cool video on Youtube about two men in Nairobi who are providing a mobile phone service from their wheelchairs. I have no idea if this is legit, but I loved the idea as it represents so many creative ways that people are making a life and income for themselves.
I Smell a Rat!
One of the most interesting social enterprises I learned about in
2007-11-17
Tracking the Millennium Development Goals
A new site was launched last week that I have really found interesting. The MDG Monitor shows how countries are progressing in their efforts to achieve the Millennium Development Goals (MDGs). With the 2015 target date fast approaching, it is more important than ever to understand where the goals are on track, and where additional efforts and support are needed, both globally and at the country level.
The MDG Monitor is designed as a tool for policymakers, development practitioners, journalists, students and others to:
TRACK progress through interactive maps and country-specific profiles
LEARN about countries' challenges and achievements and get the latest news
SUPPORT organizations working on the MDGs around the world
...on another related exciting note, the World Bank also released the African Indicators Report on Wed, which showed that several African economies are now showing signs of the positive growth needed to end decades of poverty, poor growth and stagnation in the continent. African countries had recorded strong growth between 1995-2005, reversing the trend of economic collapses and stagnation between 1975-1995.
Invite the black sheep over for tea?
When I moved to

Don’t the other white sheep look bored in this poster?
So, I was glad to get a phone call from David several days later, who founded the Tennessee Immigrant & Refugee Rights Coalition (TIRR) http://www.tnimmigrant.org For eight years, David has been working to try to build bridges between immigrants and native-born Tennesseans. The purpose- to build a welcoming environment for immigrants and prevent a resurgence in the kind of racism we saw in the Jim-Crow, segregationist South. Immigration brings out fears, and fears lead to intolerance and xenophobia if not addressed.
According to him (and the obvious example above), the same fears experienced in the South are growing in
TIRRC has a project called "Welcoming Tennessee" which is half public relations campaign, half community organizing campaign. The goal- change people's hearts and minds about immigrants and then demonstrate with scientific polling that you have improved the climate for immigrants in a specific geographical area. This program is becoming a national model in the
2007-11-14
From Banana Trees to Bamboo
After a love affair with Tanzania, I have completed my fellowship with Acumen Fund and AtoZ, and boarded a plane to cold, neutral territory. Known for chocolate, cheese, watches and private wealth banking, I am beginning a new adventure in Geneva, Switzerland.
Why from Tanzania to Switzerland?
Last March, a friend of mine introduced me to Jean-Philippe de Schrevel, the founder of Blue Orchard Finance. Blue Orchard is an asset management company that has created investment vehicles which link commercial investors and microfinance institutions (MFIs). It has been a pioneer in tapping the commercial capital markets at scale to finance the growth of sustainable MFIs and influenced mainstream banks to look at lending to the poor as a business opportunity…thus resulting in over USD700M in loans to MFIs in emerging economies.
In the spirit of social entrepreneurship and with a vision for efficient capital markets for social ventures, I have joined Jean-Philippe in launching a new company called Bamboo Finance.
Who is Bamboo Finance:
We are a new global investment advisory firm that supports sustainable businesses addressing the world's most critical social and environmental problems.
What does Bamboo Finance do:
We identify investment opportunities and engage social enterprises that are capable of offering a blended return. We believe that through commercial investment, capital markets can be tapped at scale to fuel market-based approaches which improve the quality of life. Our first fund, Oasis Fund, offers a blended return (social, environmental and financial) to investors and offers both loans and equity to social and environmental ventures around the world, with a strong priority on models which directly impact low-income and 'base of the pyramid' markets.
This is all very exciting stuff that I hope to continue to share with you as this experiment continues…. I have an archive of stories I still wish to blog about from Africa, so will likely be continuing to write those as well.
2007-10-26
A Wheelchair on Kilimanjaro & the Jambo Song
They were both a part of a group of seven people with disabilities who were hiking the 5895 meter tall mountain. A French company was making a documentary on extraordinary people and they used over 170 porters for a 21 day trek. Seeing the wheelchair reminded me of a great organization once supported while I was at Skoll Foundation, called Whirlwind Women, which empowers women to repair and make their own wheelchairs. I wondered who had made this man`s sporty wheelchair which made its way over the rough terrain so well. He used his arms to peddle the chair and a person pulled him with ropes in front while another pushed the chair as well.
When we arrived at camp with the man in a wheelchair everyone was singing and dancing in celebration of his success for the day. It was great perspective and inspiration for me.
My fellow trekkers (Tanya, Jacob and Tom) and I also sang some songs on the way up Kili, including a common Kiswahili song known as the Jambo Song. While in Tanzania, we decided to have some fun and support a small recording studio managed by my friend Alex, where we recorded a CD of ourselves singing the Jambo Song.
CLICK on the player to listen to this song, or on the link below to download the audio file to your desktop.
Get the Flash Player to see this player.
2007-10-23
Mosquito Net Debate Continues...
As I have reported on this year, AtoZ in Tanzania has been experimenting with private market distribution of mosquito nets, which has entailed partnerships with organizations doing social marketing. The NY Times highlighted the debate, slashing the idea that social marketing is having an impact on malaria. Click the link below to review:
2007-10-16
Mutualism in the Boma
We were sitting in a circle, some on logs, some on chairs or on the dirt under the banana trees. If it weren’t for the chickens running around and the occasional “moo” of a hungry cow, one might have thought that we were in the Supreme Court. One by one, young and old, people got up to share their opinions, and I couldn’t take my eyes off some of the most eloquent and poised speakers I have ever seen.
I had the unique privilege of attending the Boma Meeting of a Maasai family. The Maasai are one of the most traditional tribes in all of
When a Boma meeting is called, it is Chaired by an elder and usually attended by all members of the family. It is one of the most fascinating communal problem solving processes I could ever imagine. This particular meeting was attended by more than forty members of the family and was convened for two reasons.

