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TEDxNJLibraries - Alfa Demmellash - The Microfinance Dilemma: Money Alone is Not Good Enough

Alfa Demmellash: The Microfinance Dilemma: Money Alone Is Not Good Enough Since 2004, Alfa has been the Chief Executive Officer of Rising Tide Capital, headquartered on Martin Luther King Dr., in Jersey City. The organization runs the Community Business Academy -- an intensive business training session coupled with year-round coaching and mentorship that equips marginalized entrepreneurs to better operate their small businesses. Many of these individuals use the increased earnings from their business to supplement their low-wages, allowing them to better provide for their families and transform the face of their communities. This year, Rising Tide Capital is actively working with over 250 high potential entrepreneurs to help them define and pursue a path for business success. In 2009, Alfa was selected and profiled as a CNN Hero. Alfa is a recent recipient of AVON's Hello Tomorrow Fund Award for working with women entrepreneurs. In 2007, Alfa has been featured on the Suze Orman show and "O" The Oprah Magazine, and mentioned in Essence Magazine and Redbook Magazine for her work on entrepreneurship. She was also the 2007 recipient of the Redbook Strengths and Spirits Award. She is passionate about social entrepreneurship, education, conflict resolution, and increasingly the environment. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized. (Subject to certain rules and regulations.)
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