Place a quarter in a gumball machine and you move all the other gumballs a little closer to the exit. That's the principle behind Gumball Capital, an entrepreneurial microfinance model started by a group of Stanford students with a mindset for doing good. We'll meet them this hour on Here on Earth: Radio Without Borders.
- Bilal Mahmood, Gumball Capital Operations Director
- Travis Kiefer, Gumball Capital Web Director and Gumball Challenge participant
- Ayo Roberts, Gumball Capital Campus Operations Officer and Gumball Challenge participant
- Adrienne 5/7/08: "I worked at a year-round academic enrichment program for under-resourced middle-school students, the central goal of which was to enable students to become first generation college students. Several of the students participated in an external program that encouraged them to create community projects to improve communities in their areas using a simple formula: in column 'A' make a list of you favorite things to do, in column 'B' make a list of problems in your local or global community, find a way to alleviate the problems from column B using column A. (An example might be, Gardening and hunger = create a community garden project.) I had students who came up with the most insightful and creative ideas. They produced them with the hope of earning a $1000 grant, but gumball economics would be a brilliant basis for small scale youth engagement. More importantly, when students from under-resourced households engage in social entrepreneurship, they realize that they can be their own agents of change. It really empowers them."