An estimated four billion people face subsistence living and extreme poverty worldwide. They face a dearth of critical services in health care, clean energy, water, education, and financial services. One way to address this demand is with enterprises that employ cross-subsidy business models, defined broadly as business models in which support for one product or service comes from revenues generated from another product or service. The Aga Khan Development Network (AKDN) has long employed hybrid financing structures like cross-subsidy models to support programs that improve quality of life for impoverished communities.
A few of over 200 current projects from the Aga Khan Foundation.
For more than 30 years the Aga Khan Foundation U.S.A. has been committed to the struggle against poverty, hunger, illiteracy, and poor health. As a part of the Aga Khan Development Network (AKDN), the Foundation fosters the growth of a strong civil society and promotes the awareness of values and integrated approaches that enable people to improve the quality of their lives. The Foundation's work focuses on eight key areas:
The Foundation extends a helping hand to communities and individuals so they may live with dignity and hope. Take a glimpse at our projects to see the impact your contribution makes on saving lives, educating children, and helping families to lift themselves out of poverty. A full list of our current projects can be found here.
AKF Stories from the Field
This video introduces how the Aga Khan Foundation helps poor communities in Asia and Africa achieve self-reliance and create better lives. Poverty is a reality for the 3 billion people in the world who eke out survival with less than $2.50 a day. Nearly 1 billion people cannot read or write. 400 million lack access even to safe drinking water. By tackling these problems village by village with a grassroots approach, Aga Khan Foundation is changing lives and helping to create a better future. This video highlights the Foundation's work in Afghanistan, where it has invested in girls' education and health, and in marginalized communities of Kenya, where AKF has helped improve women's access to water and sanitation.