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The Blue Sweater Summary

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“The Blue Sweater” talks about a lifelong philanthropist named Jacqueline Novogratz and how she aided some of the world’s poverty-stricken populations with an economic plan. The book mentions how in 2001, Novogratz started a project for a nonprofit venture capital firm that aimed to reinvesting charitable funding that were focused on entrepreneurial endeavors. One of the projects associated with The Acumen Fund are, the development of clean water. Another project that was mentioned was, the irrigation systems in India and a bedding net manufacturer in Africa. Novogratz’s motivation to change the world, started when she was young. She wrote about who assembles, who engages, and the insightful stories about her journey toward effective philanthropy. When traveling in Africa in her 20s, she see a boy wearing a cherished blue wool sweater she had donated to Goodwill 11 years earlier. This is an example of life’s interconnectedness. Which energized her efforts to help those who were less fortunate. After Novogratz graduated from college, she went to work for the Chase company in Manhattan. She flew around the …show more content…

Later Novogratz won a Nobel Peace Prize. In the book Novogratz mentions, how she was not always received with open arms. Because in West Africa, a local woman explained her hostility as “The North comes to the South and sends a young white girl without asking us what we want, without seeing if we already have the skills we need.” Due to this encountered experience, Novogratz put together a group of Rwandan women and suggested the idea of microcredit by persuading them that it connected with their dreams of owning personal businesses. She personally witnessed the Rwandan genocide and the destruction caused to several of the businesses she had helped to establish. Because of her persisted in her mission, to acquire valuable lessons about humanity and

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