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Entrepreneurs
Web-Based Nonprofit Helps Mom and Pop Grow
After two years of operation, web-based nonprofit Kiva founded by two Stanford alums has 123,000 lenders whose money goes to support 18,000 entrepreneurs in 39 countries. At $25 per donor it attracts $1.5 million a month to help the poorest of the poor. Details
Rebuilding in Afghanistan
Geoff Nordloh (MBA '99) founded the Mesopotamia Group, a company that offers a wide array of training in Afghanistan. Topics include teaching Afghan army recruits how to prepare and store food, maintaining medical equipment in Afghan hospitals, and installing and maintaining security systems at U.S. government installations. Nordloh feels he that is supporting U.S. goals for Afghanistan as well as helping the country rebuild after 30 years of warfare. Details
Wiping Out Malaria
Patricia Atkinson Roberts (MBA '92) is the sole businessperson at the Malaria Vaccine Initiative (MVI). She is working with numerous health professionals to find a solution to Malaria, one of the world's largest, most deadly health problems. Details
Letters to Fortune: Tsunami Samaritan
FedEx works year-round without fanfare to help charities across America provide assistance to the world's needy. Arranging timely and cost-effective transportation to connect vital supplies with local populations in need is often difficult. FedEx has donated its shipping services to Spirit of America, proving the statement that it "absolutely, positively cares about our global community." Jim Hake (MBA '83) is the Founder and CEO of Spirit of America, Los Angeles.
Fortune Magazine, March 2005 (Registration Required)
Nigerian Health Project Involves GSB Alumna
Each year worldwide thousands of women, most of them in developing countries, die in childbirth from uncontrolled bleeding. A project by a Berkeley, CA, nonprofit organization is setting out to cut the death rate in Nigeria by working with traditional midwives and providing low-cost drugs. The project—Preventing Mothers' Deaths in Childbirth—involves Dr. Abisola (Amy) Jadesimi (MBA '04), a Nigerian-born, Oxford-trained physician, who formed a Nigerian company to make affordable medicines available without relying on public subsidies. Details
Moving Goods Through Nepal's Fragile Countryside
David Sowerwine, (MBA '72) is building bridges to the first world in Nepal. Details
Igniting India
Marketplace's Jessica Smith reports on a new company that makes solar lamps that are marketed to poor people, not just given away. The company, Ignite Innovations, was founded by GSB alum Matthew Scott (MBA '03) as a spinoff of a GSB course.
NPR Marketplace 5:52 min. (RealPlayer required to access)
China.com
Every week, 800,000 Chinese become Internet users. It is an information revolution, and Stanford entrepreneurs Victor Koo (MBA '94) and Hurst Lin(MBA '93)are leading the way. Details
See related story,Teaching 'Start-Up' on Victor Koo's (MBA '94)enterprise becoming a GSB model. Details
51Job: The Hottest Job Search Site in China
When 51Job went public in September 2004, it became the most successful Chinese initial public offering to date backed by Silicon Valley investment. David Chao (MBA '93) from Menlo Park's Doll Capital Management invested in 51Job in 2000. He first learned of Chinese executive Kathleen Chien's company, 51Job, when she gave a presentation at Springboard, a women's executive forum. Chien named her company 51Job because in Mandarin 51 sounds like "I want". Chao was impressed by the company because it advertised jobs in both online and offline environments.
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Shared Vision
Bringing people together leads to epic success. Details
