Tuesday, June 28 , 2016, 2:18 pm | Overcast with Haze 68º

  • Follow Noozhawk on LinkedIn
  • Follow Noozhawk on Pinterest
  • Follow Noozhawk on YouTube
Posted on January 9, 2014 | 10:00 a.m.

Microcredit Pioneer Muhammad Yunus to Speak at Westmont President’s Breakfast

Source: Scott Craig for Westmont College

Muhammad Yunus, a pioneer in using microcredit to end poverty, will speak at the ninth annual Westmont College President’s Breakfast from 7 to 9 a.m. Friday, Feb. 28 in the Grand Ballroom of Fess Parker’s DoubleTree Resort.


Muhammad Yunus
Muhammad Yunus

Yunus is the first person since Martin Luther King Jr. to achieve the trifecta of the Nobel Peace Prize, the U.S. Presidential Medal and the U.S. Congressional Medal.

Tickets cost $125 per person and go on sale Friday, Jan. 31 at the Westmont website. Seating is limited, and tickets are sold on a first-come, first-served basis.

Driven by the idea that credit is a basic human right, Yunus founded Grameen Bank in 1976 to make fair loans to the poor. Over the years, the bank has loaned to more than 8.4 million borrowers, helping them gain a better quality of life. More than 250 institutions in nearly 100 countries operate micro-credit programs based on Grameen’s model.

Yunus earned a doctorate in economics from Vanderbilt University and became a professor in the 1970s. However, he struggled to reconcile economic theory with the misery he saw in Bangladesh.

“Muhammad Yunus set out to help one poor person a day and developed a sustainable way to empower the poorest of the poor,” Westmont President Gayle Beebe said. “Microfinance continues to transform the lives of millions of people in Third World countries. Yunus embodies what we encourage our students to become: people who use their education and creativity to make a difference in the world.”

Yunus accepted the Forbes 400 Lifetime Achievement Award for Social Entrepreneurship last fall, saying, “You give people a chance, they bring out their own ability.” According to Forbes online, “A room of billionaires stood for the son of poor Bangladeshi peasants and cheered wildly.”

The Westmont Foundation and local businesses sponsor the President’s Breakfast to promote discussion of significant issues in the community. This year’s lead sponsor is Union Bank. Gold sponsors include Axia, Chronicle Family Offices, Davies, Hub International, La Arcada, Matt Construction, Northern Trust and V3 Corporation, with special thanks to Rabobank. For sponsorship opportunities, please contact Steve Baker, Westmont associate vice president for advancement, at 805.565.7156.

Past Westmont President’s Breakfast speakers include: Retired Gen. Colin Powell; Condoleezza Rice, former secretary of state; Robert Gates, former secretary of defense, Walter Isaacson, president of the Aspen Institute and former chairman and CEO of CNN; Thomas Friedman, author of “Hot, Flat, and Crowded” and “The World is Flat”; and American historian and bestselling author David McCullough, who has twice won the Pulitzer Prize.

— Scott Craig is the media relations manager for Westmont College.

Reader Comments

Noozhawk's intent is not to limit the discussion of our stories but to elevate it. Comments should be relevant and must be free of profanity and abusive language and attacks.

By posting on Noozhawk, you:

» Agree to be respectful. Noozhawk encourages intelligent and impassioned discussion and debate, but now has a zero-tolerance policy for those who cannot express their opinions in a civil manner.

» Agree not to use Noozhawk’s forums for personal attacks. This includes any sort of personal attack — including, but not limited to, the people in our stories, the journalists who create these stories, fellow readers who comment on our stories, or anyone else in our community.

» Agree not to post on Noozhawk any comments that can be construed as libelous, defamatory, obscene, profane, vulgar, harmful, threatening, tortious, harassing, abusive, hateful, sexist, racially or ethnically objectionable, or that are invasive of another’s privacy.

» Agree not to post in a manner than emulates, purports or pretends to be someone else. Under no circumstances are readers posting to Noozhawk to knowingly use the name or identity of another person, whether that is another reader on this site, a public figure, celebrity, elected official or fictitious character. This also means readers will not knowingly give out any personal information of other members of these forums.

» Agree not to solicit others. You agree you will not use Noozhawk’s forums to solicit and/or advertise for personal blogs and websites, without Noozhawk’s express written approval.

Noozhawk’s management and editors, in our sole discretion, retain the right to remove individual posts or to revoke the access privileges of anyone who we believe has violated any of these terms or any other term of this agreement; however, we are under no obligation to do so.


Support Noozhawk Today

You are an important ally in our mission to deliver clear, objective, high-quality professional news reporting for Santa Barbara, Goleta and the rest of Santa Barbara County. Join the Hawks Club today to help keep Noozhawk soaring.

We offer four membership levels: $5 a month, $10 a month, $25 a month or $1 a week. Payments can be made through PayPal below, or click here for information on recurring credit-card payments.

Thank you for your vital support.

Daily Noozhawk

Subscribe to Noozhawk's A.M. Report, our free e-Bulletin sent out every day at 4:15 a.m. with Noozhawk's top stories, hand-picked by the editors.

Sign Up Now >