Thursday, May 10, 2007

So I thought alleviating poverty was a myth until....


This morning I attended Vanderbilt's commencement speaker, Muhammad Yunus, and was blown away by his profound words. He's a Vandy grad who has recently won the Nobel Peace Prize for developing the concept of micro-lending to the poor and establishing the Germeen Bank, which gives collateral-free loans to the poor. His organization has lent small loans to over 7 million destitute people for the start of their own businesses, empowering them to get themselves out of poverty. His revolutionary concept of integrating trust into the institution of banking is literally leading millions of people around the world out of poverty. Whoever speaks at my graduation next year has gigantic shoes to fill, because Mr. Yunus did a phenominal job at not only explaining his theories of micro-lending, but also at charging us to use our own theories and knowledge to reshape the institutions that make up the current profit-driven business world into an arena motivated and founded on social change.

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