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Sunday, October 7 • 5:00pm - 6:30pm
The Key to Community Renewal: Lending Practices?: Bonsai People (67 min)

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BONSAI PEOPLE (67min, INDIA)

What if you could harness the power of the free market to solve the problems of poverty, hunger, and inequality? To some, it sounds impossible. But Nobel Peace Prize winner Muhammad Yunus is doing exactly that. Yunus' extraordinary humanitarian work, began by lending $27 to 42 people out of his own pocket and has now grown to helping 1 out of every 1,000 people on Earth. Yunus has created a mirror image of conventional banking-loan small not big, loan to women not men, loan rural not urban, loan to the poor not the rich. But he didn't stop there. Whenever he sees a problem he starts a business, in a mix between business and social work, which he terms "social business." Yunus tackles some of the world's most vexing problems from healthcare to education to alternative energy and demonstrates to the world that complex problems sometimes do have simple solutions. A free market with a social conscience- Microcredit is just the tip of the iceberg.

http://www.youtube.com/watch?v=CDA_EGUHTOM


Speakers
TG

Ted Gondor

Ted is the co-founding Executive Director of Moneythink, a White-House-recognized social venture helping millenials make and manage money. He is also an Entrepreneur-in-Residence at the Department of Homeland Security, advising the Obama administration on


Sunday October 7, 2012 5:00pm - 6:30pm
Showplace Icon Theater 150 West Roosevelt Road. Chicago, IL.
  • Theater Theater 2