Condofire

So this is pretty cool. Some time ago I went to see Dr. Yunus deliver the inaugural Nobel Laureate Michael Smith Lecture at UBC. He spoke, of course, about microcredit and I left feeling really inspired by his talk. Now I’m inspired again. It turns out there is a youth run organization called Impact Entrepreneurship Group that is organizing a Microcredit Competition with high school students.

The Microcredit Competition will take place between October 20th and 27th all over this year. They’ll give 200 teams of 3-5 students $100 to make as much profits as they can in one week. Winners will be given cool prizes, and the goal of this competition is to give youth an idea of how microcredit works and what it’s like to open their own business. Half the proceeds will to to a microfinancing institution and the other half will go to charity.

So check these guys out.