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The Grameen Bank: Banking for the Poor

Muhammad Yunus a social entrepreneur who is a economist a banker. He recognized a social problem and started a company to help solve the problem. Yunus started the Grameen Bank after he visited a poor village where he found out small loans could help get these people out the poor village and start a life that is less impoverished. His first loan was $27 and was split amongst 42 women. The Grameen bank has issued money to over 7.4 million borrows. The bank uses “solidarity groups” where small groups apply together to encourage the repayment of the loan. All of Yunus’ microfinancing  has led to other trying to produce similar efforts. He received the Nobel Peace Prize in 2006. The company had about 1.4 billion dollars in Net Income in 2006. This company is a very successful company while making a good impact on the world.

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Social Entrepreneurship in India

VIkram Akule is a social entrepreneur who is the CEO and founder of SKS Microfinance which offers insurance and microloans to woman in India. Akule said that he “started SKS because I was overwhelmed by the poverty I saw in India and was looking for a way to catalyze rapid economic development for the poor.” This company has to be one of the fastest growing companies in India and gives collateral free loans. By September 2009, SKS had over 5.3 million members and over 1,600 branches.

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Personal Lives of Professional Athletes

I feel the Internet puts out repetative articles regarding the personal lives of professional atheltes. The one in the news lately that comes to mind is Tiger Woods. A man who was on top of the golf world, respected by everyone, and a man who was a model citizen. Once all the news that came out about his cheating and ”sex addiction” (which I think is a ridiculous claim) there were articles coming out daily about updates with his life. I personally could care less about this situation after the first article that came out. Now with him coming back to golf, his updates are all over the news. I believe we should let personal matters stay personal matters. I think its ridiculous that companies like espn can make money by putting articles like this out to the public.

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Creative Commons: Wikipedia

Creative Commons is used for people to build off other’s ideas. The biggest website that came from Creative Commons is Wikipedia. Wikipedia does wonders for me. That is the first place I go to find out information about people and places. Sometimes I use Wikipedia just to pass the time through class. I use Wikipedia to look for songs from artists or information regarding professional athletes. While I use Wikepedia and so do many of my friends. Wikipedia takes a lot of criticism and I am sure so does there other websites.

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It's Madness

March Madness is an exciting time for sports fans. One thing that annoys me is that there is only channel that shows the games.  I think there is an opportunity to have for CBS to have an exclusive website for price to shows all the games live where the user can choose one game or flip back and worth between them. Its nice to watch the ending of games, but if you are an avid fan it is not the same looking on espn.com for the updates. There is an enormous amount of people who are interested in March Madness with the popularity of “march madness pools” and gambling.

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