My New Hero!

I first heard of Vikaram Akula when he figured in Time magazine's 'Top 100 People Who shape our World'. Wow, what a tremendous story! A Yale graduate and later a McKinsey alumni who quit his cushy consultancy job to start a micro-finance company because, he said, "the level of povery in India was unacceptable". The company aims to empower rural women and has disbursed $72 million of loans to poor rural Indian women with an average loan-size of just Rs. 5000 to 10000. And the company has a 98% on-time repayment history! This is not a charity but a professionally-run bank; and a case-study today for all business students in the country. Would love to work with this man someday!