Week 10

Accounting and Program Audit Team
Log # 10
By Tyler Deng

Herein marks the end of an era, the end of GLOBE for the Spring Class of 2012. This is our 10th and final log for this class. It’s amazing how the past 10 weeks have gone by; it doesn’t really feel like it’s been 70 days from our first log until today. The experience of GLOBE is by far, one that can’t be replicated by other courses at St. John’s. The actual hands on exposure to funds and loan tracking provide a wealth of knowledge when dealing with microfinance. The various books we had to read helped a lot; I definitely know I’m more knowledgeable in this field not just because of class but because of the readings too—every book complemented the lesson we had very well (even The Economics of Microfinance book). I’ve had some knowledge of microfinance because of Kiva, but this class has really opened up my eyes to the world of microfinance because of the video clips, the lesson plans, the readings and all the extra activities we did. All of these things combined to form a really enjoyable class that I’m extremely happy that I partook in.

Aside from just the academics, I’m glad to have learned how to delegate and work well in teams. I’m a big advocate of team-based assignments because everyone has responsibilities but also because everyone can hold each other accountable—that’s exactly what happened in my team. Every member was essential to the team’s overall success. GLOBE introduced me to terrific people I would have otherwise never have met on this campus, especially my team members. We spent some great times meeting after classes to talk about the readings or to catch up on whatever goals we have to do for the week; it’s no surprise I tend to gravitate towards them during events but with such a small class, it’s easy to get to know everyone pretty well. I’ll be a bit biased here; I think that everyone involved in GLOBE are just wonderful people because they take the time out of their day to try to impact the world and learn at the same time. Yes, it wasn’t always smooth sailing; with all the reading and preparation we do as well as make time in our schedules to accommodate for GLOBE events. The experience was worthwhile though so there are no complaints on this end.

I started this class with a cliché (you never know what to expect) and I’ll end with one too (It ain’t over ‘till it’s over) but is GLOBE really over when the class ends? I think it has influenced enough of us to know that alleviating poverty is an ongoing struggle and that the fight doesn’t end just because 135 class hours are over. There is an alumni connection first of all, but secondly I think most of us deep down want to see these changes and we realize how education has empowered us to affect others. I know without a doubt, I’ll always be involved in nonprofit work or charitable activities; this was just an outlet of what I’m passionate about. Our class may be ending soon (hopefully on a high note), but the path for 20 newly educated members is just starting.

Finance and Risk Assessment Team
Log # 10
By Megan Lane

I can’t believe that this is my last log for GLOBE. The semester has flown by. I feel like we just interviewed with Dr. Sama as potential managers, yet we’ll be giving our final presentations in only two weeks.
I’ve learned a lot about microfinance this semester, but I’m taking so much more away with me. GLOBE is not just a class, but also an interactive learning and development experience.

GLOBE is about teamwork. I have greatly improved my communication skills this semester. I was forced to interact with the other members of the finance team, the members of the three other teams, the greater student body of St. John’s, the Daughters of Charity, and so many more people. I am leaving this class better able to exchange my ideas with others and successfully complete assignments as a team.

GLOBE is about perspective. On the first day of class I described poverty as “foreign.” I’ve never seen the type of poverty that we are trying to eradicate through microfinance first hand. Seeing our borrowers change their lives through loans that are so small make me think of how blessed I am. GLOBE has allowed me to take a step back and realize how fortunate I am and to realize how easy it is to help others who have not been afforded the same opportunities.

GLOBE is about responsibility. The other managers and I are lucky enough to live in a country where extreme poverty is largely nonexistent. We are privileged enough to be receiving a college education. These opportunities come with a responsibility to help those who do not have the same benefits. In GLOBE, we attempt to level out the playing field by offering our business skills to help others.

GLOBE is about relationships. I am leaving GLOBE with 18 friends that I didn’t know just four months ago. We have all bonded through our class time, fundraisers, and educational events. We have shared a unique experience that has allowed us all to grow together. We have grown together as classmates, friends, and responsible citizens. As we go off into our careers, many of us in business, we will bring with us the social goals and ethical mindset that we have developed in GLOBE.


Marketing and Fundraising Team
Log # 10
By Tiffany Wong

I can’t believe this is my final log for GLOBE! The semester has gone by so fast! It seemed like only yesterday the class just started. I’m extremely grateful that I was able to experience and be part of something as amazing as GLOBE is. I’ve said this in a lot of my previous logs, but I’ve learned so much about myself. I learned that I am a good communicator and I do work well with others. I’ve also discovered that I’m not as shy as I thought I was. GLOBE has really helped me find the voice that I’ve been so afraid to use for a long time. I’m no longer afraid to speak up and voice my opinion. Being in GLOBE, we’re also the voice for our borrowers. We raise awareness of the things going on in their countries and shine light on those who may have gone unnoticed. I will no longer be afraid to speak up and voice my opinions because unlike most people, I have the opportunity to do so.

I’m also extremely happy to say that we’ve been able to accomplish a lot of our goals thus far. I was a little nervous in the beginning and thought that may be we wouldn’t be able to accomplish half of the goals we said we wanted to. But looking back, we’ve been able to get a lot done and we still have some time to get more done. Being part of GLOBE has also helped me to understand what microfinance is. I’ve learned that microfinance isn’t just about providing small loans; it’s also about giving hope to those who are less fortunate. We are showing our borrowers that we believe in them with each loan we provide. We are giving them a chance to better themselves and be the reason for their success. It is so gratifying to know that we’ve helped better someone’s life in some way through all the hard work we’ve put in.

I’m so grateful that I’ve met Dr. Sama, Lina, and the rest of the class. I’ve never met a professor who genuinely cared for their students. Dr. Sama’s the first professor that I’ve been able to talk to outside of class and I’m extremely grateful that she is a part of my life. I will never forget the people I’ve met in GLOBE and the experiences we’ve shared, but most of all I will never forget Dr. Sama. Thank you for believing in me enough to accept me into such a wonderful program and for as long as I’m alive I will continue to support GLOBE in any way that I can!


Technology and Communications Team
Log # 10
By Boryana Yordanova

I cannot believe it is already time for my last log. What a semester this has been! Having completed numerous projects this semester and still have a few more before we leave, I can honestly say this class was worth every second of my time. Throughout the semester, I learned a lot about microfinance and social business from the readings, lectures, guest speakers, and the program itself. This has been one of the most rewarding and satisfying experiences I could have asked for. GLOBE has opened my eyes to the power of microfinance and the good that can come from focusing on the social idea, rather than profit maximizing. Muhammad Yunus has truly inspired me into action. It is his work that makes us believe in GLOBE that what we do have an impact on the world. Seeing the faces of the people we help and reading about their stories has not only touched me, but also made everyone in the class more aware of what life is around the world. And this is exactly why our class is a social entrepreneurship - we drive change through helping those in need. GLOBE teaches students how to work together as a whole and make a difference.

Along with the learning experience, we have also accomplished a lot. Our team – the Technology and Communications – have moved forward with updating the website content, optimize all social media platforms, introducing media to the program and raising awareness about microfinance. As the semester comes to an end, we continue to work towards the final presentation, the research paper and the final video. I look forward to delivering the final presentation to all our peers, supporters, and faculty. This is going to be one of the most important things we do this semester as the program displays where it stands in the business college. I have no regrets in participating in this program. I am disappointed though that it is only one semester. I feel like the class has just begun to settle in. If only we could continue with the same set of students the program would soar to such great heights.

In conclusion, I would say that it was awesome working with everyone in the class. I have made new friends and built an incredible relationship with my teammates. I think we did an amazing job given the time constraints and all of our different schedules. Dr. Sama is another inspiring individual that I have gotten to know and I am glad I had the opportunity to work with her. I admire her passion and the desire to help those in need in developing countries to overcome poverty. I will use all of the knowledge I learned during this semester towards helping to alleviate poverty by taking action and being proactive. I would like to thank Dr. Sama for this. I want to wish the future classes the best of luck and loads of success. I look forward to coming back to this program and finding out about our borrowers.