Entrepreneur gives up a lucrative career to promote rural prosperity
Raju Agarwal, a real estate entrepreneur with an MBA from Boston University who worked at Pricewaterhouse Coopers, Bank of America and the federal government in Ottawa, gave up his job in the financial sector to establish OneProsper International with the goal of targeting hunger in rural India.
“The goal is to help people prosper, to increase their income, to be united in prosperity,” he says.
With $10,000 raised from family and friends, the initial pilot project empowered 20 families to double their incomes within one harvest. In the next phase, they worked with 70 families in Andhra Pradesh.
“We have seen how the top of the pyramid benefits from innovation but the people at the bottom get left out. Seventy-five per cent of the world’s poorest are small farmers. Just $400 can help a family farming a one-acre plot break the cycle of poverty. Increasing the productivity of their only asset can achieve the most good for the greatest number of people. And that would make it possible for all to prosper together.”
Posted: Nov 3, 2014