Wednesday, October 17, 2007

Nobel Prize Winner

So, I keep talking about how this is the perfect place to work for me (excluding the tattoos). Today was another example. They have an influential speaker series in which they invite smart, inspirational, visionary folks to come and talk to any employees who are intereted. Today they had the 2006 winner of the Nobel Peace prize!

How often do you get to see a Nobel winner speak in person to a small group? It was a big thrill!

The speaker was Dr Muhammad Yunus, a man who started a bank in Bangladesh for poor people, which changed the whole way banking worked. When you think of it, banks only loan money to people with money or collateral. The people who really need money are the people with no money or collateral. Those are the people who need a boost which will allow them to start a business and make enough money to live. That is the fundamental approach of Dr Yunus. And the loans he gives are micro loans. In fact, the first loan he gave was to 42 women and equaled $27 dollars, less than a dollar a person! And that was enough money in Bangladesh for these women to start businesses (such as chickens for egg prodcution) that support their families.

Truly an inspirational guy and a humbling experience. Check out his website and expand your horizons:

http://www.muhammadyunus.org/

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