Pixel Tracker

Monday, March 18 , 2019, 3:22 pm | A Few Clouds 67º


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

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.


Support Noozhawk Today!

Our professional journalists work tirelessly to report on local news so you can be more informed and engaged in your community. This quality, local reporting is free for you to read and share, but it's not free to produce.

You count on us to deliver timely, relevant local news, 24/7. Can we count on you to invest in our newsroom and help secure its future?

We provide special member benefits to show how much we appreciate your support.

I would like give...
Great! You're joining as a Red-Tailed Hawk!
  • Ask
  • Vote
  • Investigate
  • Answer

Noozhawk Asks: What’s Your Question?

Welcome to Noozhawk Asks, a new feature in which you ask the questions, you help decide what Noozhawk investigates, and you work with us to find the answers.

Here’s how it works: You share your questions with us in the nearby box. In some cases, we may work with you to find the answers. In others, we may ask you to vote on your top choices to help us narrow the scope. And we’ll be regularly asking you for your feedback on a specific issue or topic.

We also expect to work together with the reader who asked the winning questions to find the answer together. Noozhawk’s objective is to come at questions from a place of curiosity and openness, and we believe a transparent collaboration is the key to achieve it.

The results of our investigation will be published here in this Noozhawk Asks section. Once or twice a month, we plan to do a review of what was asked and answered.

Thanks for asking!

Click Here to Get Started >

Reader Comments

Noozhawk is no longer accepting reader comments on our articles. Click here for the announcement. Readers are instead invited to submit letters to the editor by emailing them to [email protected]. Please provide your full name and community, as well as contact information for verification purposes only.