CAROLINA: UPPER-INERM

2. OUR REALITY
• Two-thirds of the world’s population is living in poverty.
• In Colombia, 33% of the population is considered poor.
• The per capita income is COP500.531, COP590.661 in the cities and
COP207.235 in the rural areas.
• The richest 10% of the population keeps half of the GDP, while the poorest 10%
has just the 0,6%
• In 2011 Colombia was the most unequal country in Latin America and the fourth
in the world.
• Figures had changed but not so much.

3. THE OPPORTUNITY
• ACUMEN is a non – profit organization founded in 2001
• Raises charitable donations to invest in social impact initiatives in this sectors:
• Education
• Agriculture
• Health
• Housing
• Water
• Currently has investments in India, Pakistan, East and West Africa

4. WHAT IS NEW
• Search of Patient Capital
• Markets alone can not solve the problems of poverty.
• Charity or aid is not enough to tackle all these challenges
• Patient capital is a third way that seeks to bridge the gap between the efficiency
and scale of market based approaches and the social impact of pure
philanthropy
• Bridging the Pioneer Gap
• Investing in early stages of the project
• Long-term debt or equity investment
• Lower expectations on rates of return
• Moral Imagination
• “The humility to see the world as it is and the audacity to imagine the world as it
could be”

5. THE INVESTMENT MODEL
receive
charitable
donations
make
debt
or
equity
investments
scale
game-­‐
changing
companies
creating
social
impact
recycle
returns
to
make
new
investments

6. THE INVITATION
+ acumen:
• Self-organised, volunteer-led groups that seek to inspire other people to support
Acumen's mission by making events and organizing activities to undertake this
goals:
Educate:
To
inspire
and
invite
to
touch
up
our
view
of
poverty
and
dignity
Fundraise:
To
search
for
Acumen’s
work
by
raising
al
least
USD10.000
annually
Fundraise:
To
search
for
Acumen’s
work
by
raising
al
least
USD10.000
annually

7. COURSE: STORYTELLING FOR CHANGE
• Storytelling for Change is a 4-week course that will help you better connect with
your audience, whether in a meeting with one person or in a presentation to
hundreds of people. To make this course widely accessible, it is free.
• Registration Deadline: May 5, 2013
Start Date: May 11, 2013
End Date: June 14, 2013
• You must register with a minimum of 2 people

8. A MANIFESTO
It starts by standing with the poor, listening to voices
unheard, and recognizing potential where others see
despair.
It demands investing as a means, not an end, daring to go
where markets have failed and aid has fallen short. It makes
capital work for us, not control us.
It thrives on moral imagination: the humility to see the world
as it is, and the audacity to imagine the world as it could be.
It’s having the ambition to learn at the edge, the wisdom to
admit failure, and the courage to start again.
It requires patience and kindness, resilience and grit: a
hard-edged hope. It’s leadership that rejects complacency,
breaks through bureaucracy, and challenges corruption.
Doing what’s right, not what’s easy.
Acumen: it’s the radical idea of creating hope in a cynical
world. Changing the way the world tackles poverty and
building a world based on dignity.
www.acumen.org