I’ve had an interest in developing countries for years. Often this has been in the form of donations to charity. I have also personally been giving money to a couple men in Haiti for school for years.
Direct Payment of Education in Haiti
The Last Hunger Season – A Book Review
I recently visited India to visit some friends and also to attend a Business Summit for JoyCorps.
“The JoyCorps Fellowship is a group of carefully selected, visionary leaders who operate agrarian and small manufacturing businesses in Asia’s under-resourced communities.
We offer Accelerator and Incubator services that provide business expertise, structures, encouragement and community — all vital for growing a thriving business in a challenging environment.”
I was able to meet many entrepreneurs in India and learned about their challenges in starting their businesses.
I was also able to get an advanced copy of the book The Heart of A Cheetah: How We Have Been Lied to about African Poverty, and What That Means for Human Flourishing
by Magatte Wade due to following Magatte Wade on LinkedIn. It was very timely and I listened to this while I was in India. A lot of the challenges faced in different developing countries are all the same.
One other organization I became aware of while I was in India is AgGrandize.They have a fund available that you can invest in. Actually making an investment in a foreign small business directly is still not nearly as easy as a donation to charity. I am going to continue learning and looking for options to make this easier.
If anyone knows of a fund that you can invest in in monthly increments, that invests in small foreign businesses, please let me know!
If you are interested in this topic below are a few books I would recommend to learn more about investing in developing countries to help them help themselves.
Toxic Charity: How Churches and Charities Hurt Those They Help, And How to Reverse It –
MyWheelLife.com 