Sustainable Programs Addressing Poverty

This week, I sat down with William Warshauer, CEO of TechnoServe, who shared remarkable stories of sustainable poverty alleviation through business solutions. Some powerful insights from our conversation:

 

"Intelligence and industriousness is distributed equally around the globe, but opportunity is not." William shared how TechnoServe turns this reality into action, helping create $5.60 in additional income for every $1 invested in their programs.

 

The impact is tangible - from Lubaba in Ethiopia, who transformed her coffee farm and sent both children to university (where only 1% of the population holds degrees), to Eugenie in Rwanda, who turned 100 chickens into a thriving business employing 22 people. Last year alone, TechnoServe's work generated over $400 million in additional income for participants across 35 countries.

 

Key Quote: "If you are doing development work... you want to try to take a long view because your impact is going to be multiplied if you can do it in a way that the people themselves pick up and carry forward."

 

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