Dreams and Realities

We all have dreams that fiercely flicker in the darkest depths of our being; they envelope us like string made of sunlight, spilling through a forest canopy to recover something precious from the Earth.  But always we awake to sights and sounds that take us away.  We rise, we wash, we eat, we travel, we work, we worry.  And always there is that something, that compost composed of all that humanity has discarded because they did not believe it could survive.  And because we did not believe in its survival, this precious something seemed to die.  And all around us there was injustice: a billion people living on a dollar per day; wars raging in jungles, in deserts, in mountains; millions of human beings languishing in jails for drug addiction, dying from curable disease, despairing of tomorrow, their today filled with sorrow; hundreds of millions lacking access to clean air, clean water, information, health care, good governance, good schools and hope; an environment stretched its limits, struggling to satiate a boundless hunger...

Oh, but even though we thought it dead, this precious something had instead been accumulating beneath our feet.  The rivers, streams, beaches, oceans, and even the pavements, the parking lots, the abandoned plots of land strewn about the world, all contain the soil of hope, of justice, of love, of beauty, of truth, and from that soil can sprout the world we all have sought.

It is so easy to acquiesce to the illusion of death, to the passing of time that wears and jades the purest of souls; it is so easy to bow to despair, so hard to smile at opportunity.  Wherever we laugh at death we delight at life. Freedom does not make one free to live, but rather liberates one to die.  And when we are free, we know that no curtain can fall on the masterpiece of our lives before the audience (oh, and there is always an audience) glimpses the poetry embedded in our actions.  And this poetry contains our immortality and our morality, the knowledge that though we come and go we always stay; that though we face both friend and foe neither knows where after death we go.

So let us rejoice in our freedom, in our humanity, in our wisdom and our ignorance.  Beyond the deepest reaches of our thoughts and our telescopes and our spacecraft and our submarines, there lies a terrain no mortal has trodden.  We glimpse it through love, through art, though wisdom, and somehow we sense that though there will come a time when we will see it fully, our eyes must be so full of the beauty of today that our feet stay rooted to the warmth and gentleness of where we stand.

Oh yes, let us do battle with illusion, let us sever the head of those shadows that fall short of our dreams.  Let us reach down at our feet and collect our hopes so as to recover our true selves.  Let us refuse to accept that there is a difference between somnambular wanderings and lucid wallowing, and in so doing, let us build a bridge of sunlight between who we are and who we wish to be.  Oh, and this sunlight will reveal our folly, for every time we shrug our shoulders or turn our backs, the perfection of the present dissolves into the pain of the past--the horrid whoosh of potential whipping past us, leaving us behind like a train whose destination we desire, but do not believe in.  Oh, but facing the light, facing ourselves and each other, not only can we calm our fears, but we can bring on the day when nighttime and daytime, dreams and realities, will meld together into one glorious stream of humanity, creating, seeking, despairing, loving and living in peace upon this planet.

Our Commitment

Director Andy Posner sent this email to the board, staff and interns of Capital Good Fund.

William Blake, the great 19th century British poet and mystic, once wrote that "if the doors of perception were cleansed, man would see anything as it is: Infinite."  When it comes to working for justice, we must maintain that sense of the infinite: infinite possibility and an infinite ability to innovate, problem-solve and feel compassion and empathy for others.  Unfortunately, the ubiquitous nature of injustice--poverty, corruption, environmental degradation, etc.--can so easily cloud our mental skies, obscuring our belief in our mission and holding us back from our true potential.  

When we work, to paraphrase Martin Luther King, to bend the arc of history towards justice, it is inevitable that setbacks and seemingly insurmountable challenges present themselves to us.  Borrowers fall behind on loans, events are poorly attended, processes and systems fail...all these things take their toll on us.  So our commitment must go beyond the mission; we must also devote our passion, love and intellect to the constant adjustments that must be made to solve seemingly intractable problems.

See The Trees AND The Forest

This morning, as I planted the above tree in my yard, I started thinking about the saying "you can't see the forest for the trees," which refers to someone who is so caught up with the details that they can't see the larger picture.  The saying felt especially pertinent as I have spent last week working on how CGF is going to go from 3 loans a week, to three loans a day, to 300 hundred a day and, so on.  As I've pondered the challenges associated with achieving such significant scale, I have also kept my focus on those three loans a week--the loans to the low-income entrepreneur, to the disabled woman in need of a special chair, to the parent seeking to purchase a computer to help her child with homework--and so as I planted that beautiful little tree, as I showered it with water, with love with care...it occurred to me that when it comes to social good, you must see the both trees and the forest.

What I mean is that, when you plant a tree, or when you empower another human being, you are doing a wonderful thing.  However, if all you do is serve one tree, one person at a time, then you are ignoring the scope of the broader problems facing earth and society, and you are also ignoring the broader social conditions that have disenfranchised the person and damaged the forest to begin with.  In other words, even as you work, one gesture of kindness at a time, to better the world, you must also think about how to replicate, scale and increase the impact of your actions.

So when you plant a tree, think about the late Wangari Maathai, the 2004 Nobel Peace Prize winner and founder of the Green Belt Movement, which has planted over 47 million trees in Kenya with the goal of preventing soil erosion, improving environmental quality, and empowering the people of Kenya to move out of poverty and fight corruption and dictatorship.  Each tree was planted with immense love and care, yet the Green Belt Movement has had tremendous impact because, in addition to that love and care, Wangari worked hard to build an organization with the infrastructure to enable thousands of people to plant millions of trees, take political action and take control of their destiny.  Wangari once said that "for me, one of the major reasons to move beyond just the planting of trees was that I have the tendency to look at the causes of a problem.  We often preoccupy ourselves with the symptoms, whereas if we went to the root cause of the problems, we would be able to overcome the problems once and for all."

In the same way, every loan that CGF disburses makes a tremendous difference in the life that borrower, his or her family and the community in which he or she lives.  But that is not enough.  I do not work 80 hours a week in order to serve a couple hundred people a year, for I know that, through the simple mechanism of leverage, those 80 hours can be used to create an organization that makes a significant dent in poverty, and the structural causes of poverty, in America.  I also know that if I pursue the path of scale and social impact with an authenticity and militancy of moral purpose, combined with a determination to solve the seemingly innumerable barriers to growth,  I can turn my obsession with ending poverty into the reality of drastically reducing, if not eliminating, poverty in America.

I think it's essential that those of us in our late teens and 20s--the generation that has grown up empowered by technology and the open-source and social entrepreneurship movements--to think about scale, for it is time that we grab injustice by the scruff of the neck and expunge it from the face of the earth;  or, to paraphrase Muhammad Yunus, we must work to poverty in the only place it belongs--museums.  After four years of working to create an innovative business model at CGF, I have come to see that developing that breakthrough business model--which I truly because we have finally figured out--is only 10% of the battle.  The other 90% has to do with all the details: building systems, policies, procedures, funding plans, staffing plans, sound financial practices and projectons, etc.  Another thing I've realized is that there is a tremendous difference between creating programs and creating an organization that delivers programs.  Building the organization means that you are creating something sustainable, something that can take on a life of its own and grow over time.

So my challenge to all of us looking to better the world, however we want to go about it, is to be sure to see both the trees and the forest--both the suffering of the individual and the structural barriers that allow that suffering to take place.  And once we see that, we must work to allay that suffering and knock down those barriers.

An Interview With Dr. Muhammad Yunus

Dr. Muhammad Yunus, the 2006 Nobel Peace Prize winner, co-founder of Grameen Bank and "father" of microfinance, recently came to the US for a speaking tour. This interview highlights the moral and ethical force with which he speaks about ending poverty and bringing human dignity and respect to all.

Addition vs. Duplication in Social Entrepreneurship

I think that one of the most important things for any social entrepreneur to ask him or herself--and, by extension, any social venture, be it non-profit or for-profit--is whether the work they are doing is additive or duplicative.  There is no shortage of good-willed people, and organizations started by them, in this country; instead, what we lack are organizations that build upon the work of other players--governmental, for-profit, non-profit, community-based, faith-based, etc.--rather than duplicate that work.  In our case, when we started thinking about how to tackle the $100 billion/year predatory lending industry, we realized that we could never replicate the brick-and-mortar infrastructure of payday lenders, check cashers, pawn shows, auto title lenders and the rest of the gaggle the preys on the poor. 

It's Not So Easy Being Green

I have an MA in Environmental Studies. I wrote my masters thesis on how to use financial services to empower people out of poverty and, as they do so, take action on environmental issues.  For 7 seven years my bicycle was my only means of transportation; I have solar panels on the roof of my condo and even a rain barrel...In short, you'd think I'd be the least likely of people to struggle with making a choice between the 'green' and 'gray' options.  Alas, it's not so simple.

Introducing The TECH Project

"What," you might be wondering, "does Capital Good Fund, an organization that provides financial services for the poor, have to do with education?"  Well, we're glad you asked! The TECH (Technology, Education & Community for Holistic-schools) Project brings together parents, teachers, students, and other stakeholders to foster vibrant school communities with the dual intention of increasing educational outcomes and lowering rates of poverty.