One might reasonably ask why any nonprofit, let alone a nonprofit lender, should dare to comment on politics. Isn’t that best left to pundits and politicians? In ordinary circumstances, I might agree—to a point. But these are not ordinary circumstances.
Celebrating the birthday of a nonprofit you founded doesn’t have the same nostalgia-soaked feeling as your own birthday: rather than the bittersweet recollections of childhood, this celebration has the bracing feel of adulthood.
Thanks to my good friend Dima Trakovsky, who is an amazing filmmaker and the Co-Founder of his own production company, Filmkraft, I now have three short (1 – 3 minute) videos telling the story of three Capital Good Fund clients: Sherlie (Car Loan), Mamadou (Immigration Loan), and Ana (Immigration Loan). I embed them below. Enjoy!
Imagine I told you that by switching your money from one investment vehicle to another—with the click of a button!—you could not only earn the same return on your investment with the same level of risk as before, but also […]
We’ve all heard the Chinese proverb, “Give a poor [wo]man a fish and you feed her for a day. You teach her to fish and you give her an occupation that will feed her for a lifetime.” It’s a great concept, one that is popular with those who are more free market-oriented–they like the notion of hand-me-ups instead of hand-outs–as well as with those who tend toward socialism, as they like the idea of empowering the poor.
Suppose I told you that in first half of 2017 Capital Good Fund had experienced a net loss of over $798 million, yet for a brief time our stock was worth more than that of Bank of America, and this despite the fact […]
As my thinking over the past seven years of running a nonprofit social enterprise has evolved, I have come to realize that the only way to effect social change at scale is to partner with the public sector, by which […]
There is an episode of Seinfeld where Elaine starts dancing at an office party, leaving the room speechless. After the party, her co-workers get into the habit of ridiculing her because her dancing is stunningly awful (George calls it a […]
