What we do
We invest in breakthrough GROUPS
We invest in early-stage groups whose products and services enable the poor to transform their lives. We also support our groups with the tools, networks, technical assistance and strategic guidance needed to succeed and scale into long-term solutions to poverty.
Patient capital that dares to go where markets have failed and aid has fallen short! We invest in early-stage groups whose products and services enable the poor to transform their lives. We also support our groups with the tools, networks, technical assistance, and strategic guidance needed to succeed and scale into long-term solutions to poverty.
WE INVEST IN INTREPID ENTREPRENEURS AND EARLY STAGE INNOVATORS TACKLING THE PROBLEMS OF POVERTY The markets alone cannot solve the problems of poverty; nor are charity and aid enough to tackle the challenges faced by over two-thirds of the nation’s population living in poverty. 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.
When we first began, our vision was to create a venture capital fund for the rural poor, supported by a local community of philanthropists willing to take a bet on a new approaches. We would call our donors “Partners” and treat them like investors because our approach would be to invest together in long-term change. Our Partners come from over 10 sources and include individuals and institutions who believe there’s a better way and are working together to challenge the status quo.
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. Its leadership rejects complacency, breaks through bureaucracy and challenges corruption. Doing what’s right, not what’s easy. Jaksally: 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.
Jaksally was incorporated on November 4, 2004, with an idea from an undergraduate who was in a private University at the time private higher education was still being doubted by many in Ghana. It was created due to need for resources to fund education. This necessity motivated him and three individual into philanthropist. Our desire was to transform the less advantaged of philanthropy by looking at all human beings as members of a single, national community where everyone had the opportunity to build a life of dignity. The organization would invest into mobilizing “Patient Capital,” capital that bridges the gap between the efficiency and scale of market-based approaches and the social impact of pure philanthropy, in entrepreneurs bringing sustainable solutions to big problems of poverty.