Albina du Boisrouvray, founder of the FXB Foundation, has a Muhammad Yunus story.
When the countess, global philanthropist and social entrepreneur began to think about the shape her philanthropic contributions should take, most people advised her to go with the flow and deliver microcredit.
“The trend … was, give a small business through microcredit … I said no, I’m not going to give microcredit,” du Boisrouvray told Devex. “What about the rights of the children, access to what they need? How about raising them? How about leaving the place?”
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About the author
Michael Igoe@AlterIgoe
Michael Igoe is a Senior Reporter with Devex, based in Washington, D.C. He covers U.S. foreign aid, global health, climate change, and development finance. Prior to joining Devex, Michael researched water management and climate change adaptation in post-Soviet Central Asia, where he also wrote for EurasiaNet. Michael earned his bachelor's degree from Bowdoin College, where he majored in Russian, and his master’s degree from the University of Montana, where he studied international conservation and development.
