One of the Acumen Fund fellows at my organization,

And so with patient capital from Acumen and other organizations,

I can only talk from my own experience, but in eight years of running Acumen fund,

Aman Foundation, to set up a self sustainable life support ambulance service in Karachi, facilitated by Acumen Fund.

He said This has come to me through my own acumen. Did he not know that God had destroyed many generations before him who possessed far more acumen than he, and more wealth? The sinners will not be asked about their sins.

And so, it was really those lessons that made me decide to build Acumen Fund about six years ago.

One of the best known is Acumen Fund, led by Jacqueline Novogratz, a TEDster who got a big boost here at TED.

And so, Anuj and Acumen have been talking about testing the private sector, because the assumption that the aid establishment has made is that,

My final story is about a young, beautiful man named Josephat Byaruhanga, who was another Acumen Fund fellow, who hails from Uganda, a farming community.

I was 13 miles away from those mosques, visiting one of our Acumen investees, an incredible man, Jawad Aslam, who dares to live a life of immersion.

And one in particular, is one that we're working on with the Acumen Fund, in a project that's been funded by the Bill and Melinda Gates Foundation.

Acumen came in with the patient capital, and we also helped to identify the entrepreneur that we would all partner with here in Africa, and Exxon provided the initial resin.

And then IDEO and Acumen spent several weeks working with them to help design new social marketing campaigns, community outreach strategies, business models, new water vessels for storing water and carts for delivering water.

These funds are to philanthropy what venture capital, private equity, and eventually mutual funds are to investing, but with a twist because often a community forms around these funds, as it has at Acumen and other places.

Lifespring Hospital is a joint venture between Acumen and the government of India to bring quality, affordable maternal health care to low income women, and it's been so successful that it's currently building a new hospital every 35 days.

When a man is in trouble, he prays to God but when We bestow a favour on him he says It has come to me through my acumen. In fact, this is an illusion, but most men do not know.

In fact, many of the organizations that are here the Acumen Fund, I think ApproTEC we have running, I'm not sure if that one's up yet and many of the people who have presented here are running through Google Grants.

And (remember) 'Ad and Thamud. It will be clear to you from their habitations (how they were destroyed), for Satan had made their deeds look attractive to them, and turned them away from the path and yet they were a people of acumen.

And it was that that whole philosophy that encouraged me to start my current endeavor called Acumen Fund, which is trying to build some mini blueprints for how we might do that in water, health and housing in Pakistan, India, Kenya, Tanzania and Egypt.

At Acumen Fund, we take philanthropic resources and we invest what we call patient capital money that will invest in entrepreneurs who see the poor not as passive recipients of charity, but as full bodied agents of change who want to solve their own problems and make their own decisions.

If one has heightened visual acumen which you get from spending time looking at things whether it's looking at newspaper photos closely or looking at works in a museum or looking at your surroundings or birds more closely, that sort of attention to an environment makes you a better person.

So Acumen made not one, but two bridge loans, and the good news is they did indeed meet world quality classification and are now in the final stages of closing a 20 million dollar round, to move it to the next level, and I think that this will be one of the more important companies in East Africa.