Namaste Direct: Lifting Guatemalan Business Women to Thrive

After committing to 50/50 of his time equally between work and a service project, Bob Graham found himself enjoying a golden age of personal transformation. He founded Namaste Direct in 2004 as a project for his family foundation to assist low-income...
After committing to 50/50 of his time equally between work and a service project, Bob Graham found himself enjoying a golden age of personal transformation. He founded Namaste Direct in 2004 as a project for his family foundation to assist low-income women microentrepreneurs in Guatemala with their business development. Using three techniques – individual mentorship, financial literacy classes, and small loans – they have trained nearly 4,000 women to make more money and lift them from poverty. This episode explores where the vision came from, Bob’s transformation along the way, and the difference they are making to generations to come in Guatemala.
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What's working on purpose anyway? Each
week we ponder the answer to this question.
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People ache for meaning and purpose at
work, to contribute their talents passionately
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and know their lives really matter.
They crave being part of an organization that
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inspires them and helps them grow into
realizing their highest potential. Business can be
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such a force for good in the
world, elevating humanity. In our program,
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we provide guidance and inspiration to help
usher in this world we all want
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Working on purpose. Now. Here
is your host, doctor Elise Cortes.
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Welcome after Working on Purpose program.
Thanks for tuning in again this week.
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I'm your host, Doctor Release Cortez. Join you live from Dallas, Texas,
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which is home base for me.
If you don't know me yet,
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I'm a man management consultant specializing in
meaning and purpose, organizational logotherapist, inspirational
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speaker, social scientist, and author. You can learn more about me and
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how we can work together at atleastcore
test dot com and Gusto dashnapp dot com.
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Let me thank my partner and sponsor, work Proud. We are a
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perfect collaboration. Everyone wants to know
they matter and that the work they do
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is meaningful. And appreciated. Work
Proud is a mobile platform built to encourage
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employees to share stories and recognize each
other's contribution. Work Proud empowers hr and
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business leaders to help company cultures where
all employees are inspired to feel proud of
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their work. I'm proud of their
company. You can learn more at workproud
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dot com. With us today our
two guests, if we can get them
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both in, we have Bob Graham. He is the founder of Noma Stay
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Direct and Noma Steak Guatemaya and joined
us from San Francisco. He has been
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a businessman, CPA, philanthropist and
author of Fifty to Fifty at fifty Going
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Just Beyond. Juhinnia Duran is the
executive director of Noma Steak Guatemaya and joins
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us today from Antigua, Guatemala.
We'll be talking about why Noma, Stay
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Direct and Guatemaya exist work these organizations
due to empower business women in Guatemala and
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their impact their work is having on
the women and their communities. Bob and
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U Hinya, welcome to working on
a purpose. B and Venita alter Rohando,
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It's so great to have you.
We may where well. You're so
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often we are see if we can
get Bob's audio to work. But in
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the meantime, we're going to start
our conversation with you, Hinea, and
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let me let me give some contexts
listeners and viewers to why we're having this
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conversation. I just recently came across
Nama State Direct because I was invited to
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join their board, and I said, when I found out what they're up
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to, I said, absolutely yes, I am interested. So for those
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of you who have never heard of
them, we'll talk more about them as
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we go along in this conversation.
But Nama State Direct is a non profit
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organization that empowers women in Guatemala through
the use of financial literacy, training and
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mentoring, as well as through the
provision of necessary micro loans to jump start
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or improve upon their personally own businesses. So it's incredibly inspiring. I love
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the notion that we are literally uplifting
these women and their families, were empowering
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them through this education, teaching them
to be better business women and making a
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difference in their profit, their income
and their business documents. So I'm very,
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very proud to be on the board
and help you to serve. So
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to get us started here you Henney
up, if you would help us understand
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what it's like to live and try
to make a living in Guatemala. You've
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been there almost your whole life,
but one year if I, if I
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did the math right, I have
been here for twelve years, No,
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since the twenty twelve Okay, Yeah, and what's it like to help us
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understand bring us into the world of
Guatemala. What's it like there to try
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to live, to try to work. What's happening? Yeah? And thank
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you for this great opportunity to give
your audience a quick overview about Gatemala and
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nowur women Whatatemala is a nation that
is not by its switch and their culture.
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However, it is equally known by
severe inequality and poverty. Ironically,
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guatemalabus the highest GDP in Central America, yet still has some of the highest
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manufish and modern child mortality rates in
the region. The primary costs of poverty
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in Guatemala are its economic, social, and land inequality rates, which are
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among the highest in the world.
It is estimated that the top five percent
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controls or owns more than eighty five
percent of the wealth in Guatemala. In
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turns, Guatemala has no real little
glass, and poverty is tremendously concentrated in
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rural areas with indigenous populations. More
than seventy percent of guatemala indigenous population lives
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in extreme what Themala's corre situation of
inequality and poverty is hundreds of years in
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the making. Whatatemala, one of
the ethnic Mayas, was first conquered by
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Spanish in the sixteenth century. After
gaining independence in eighteen twenty one in eighteen
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twenty one, the state never achieved
through the stability. The end of the
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decade long Guatemalan Revolution in nineteen fifty
four was only met with the beginning of
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a thirty six year war civil war
between nineteen sixty and nineteen ninety six.
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Sounds like kind of depressing all this
information, but is the truth and I
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want the audience to know why we
are doing our job here. The indigenous
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population was never actually involved in Gatemala's
conflict until the third and most a stay
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in place. In the civil war
throughout the late seventies and eighties, there
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were more than two hundred thousand people
murdered and more than a million people displaced.
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Yet the events of the twentieth century
are not the root causes of the
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poverty in Guatemala, and did not
create the nations in equality. The violent
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conflict greatly in here in the state's
ability to develop into a modern nation,
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and therefore worsened assisting conditions. In
reality, the country's historical pattern of exclusion
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dates back to the eighteens. Unlike
its landscape and people, Guatemala's economy is
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rather singular and has always been dominated
by agriculture, particularly coffee. When the
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market for coffee emerged in the late
eighteen hundreds, economic elite, mostly of
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European origin, utilized all the Spanish
legislation to claim and privatize large amounts of
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land to use for plantations. These
not only destroyed the tradition of communal lands,
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but also forced indigenous people to move
to higher altitude unless fertile land subsisistems
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farming. During the Civil War,
the number of families with too little land
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to support themselves increased by thirty seven
percent, and the rate of landless persants
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reached one quarter of the workforce.
In nineteen seventy nine, two percent of
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the population control of the population control
more than two thirds of the land,
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and it is estimated that the situation
has not changed since the causes of poverty
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in Guatemala are heavily rooted in his
history of inequality and exclusivity. However,
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going forward, Gatemala has a strong
potential to reach social objectives and alleviate poverty
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through economic growth, development and equality. Now, through all these years,
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women have been living in a machista
culture where they are treated as a second
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or third class citizens with none of
or minimal opportunities to reach their creams.
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So you can see that this country
has been fighting all the time, and
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that's why we are doing the job
that we are doing with women. Oh,
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Henny, that was an incredible historical
narration, one that I wasn't actually
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expecting. But I'm just lighted by. And I want to also say thank
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you to you, HENNYE, for
joining us and being part of this conversation
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in English. English is your second
or third language, and I want to
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thank you for working with us in
English. And you're doing beautifully. So
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thank you, thank you. So
you're welcome. You're so welcome. So,
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Bob, I'm so glad you're able
to join us. Thanks for keeping
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at it right, keeping great to
be here, right. I'm so happy
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to know you and happy to be
inspired by you and connected to your beautiful
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vision. And if you could,
I want us to be a little bit
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brief so we can get through this
kind of introductory stuff here. But tell
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us how it all started back in
nineteen seventy three when you visited Guatemala during
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your Kellogg Foundation fellowship. This is
what got the vision started. Well,
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Elise, you're touching out a key
event in my life. On that trip,
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I spent three days of the immersion
into the social, the political,
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economic, geniographic sectors of Guatemala and
it's life, and I just fell in
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love with the people and the scenery
and the country and the climate and the
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intense colors that you see in Guatemala. I was joyful and at the same
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time stunned by the extreme poverty and
literacy and the war torn sorrows that were
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endured by so many of the people, especially the Mayans, especially in the
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rural areas. They clung to just
tiny little farming plots on hillside land,
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or as indentured laborers on the vast
coffee and cotton plantations that belonged to the
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wealthy elite. And we visited them
in the fields and it was common to
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see their foremen were wearing pistols and
pretty hard scowls. It was not a
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pleasant life. Someday, someday I
thought, I want to help people who
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suffer in this way. About ten
years later that internalized thought became indeed,
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when I planned to put fifty percent
of my money in fifty percent of my
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time into philanthropic ventures at age fifty
fifty to fifty to fifty. I began
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that program in nineteen eighty six,
and I was experiencing so much joy that
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five years later I went all in
and began devoting one hundred percent of my
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time to serving others, and that
has continued to this day. I am
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so delighted, Bob, because you
know, this show has been on air
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for six years, and so much
of what I'm trying to do in the
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world is one helping to awake and
and ignite that passion in people to do
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something with their one precious life,
and at the same time to be able
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to for leaders, to be able
to create a workplace where people actually want
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to come to and they thrive and
they do business that betters the world.
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So I'm so honored to be on
your board with you and serve with you
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your vision, your mission, your
passion is so beautiful and the perfect example
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that I want to be able to
share with my listeners to be able to
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help them reach for what else they
can do to serve from their life.
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And I also think it's really amazing
your book, this idea of fifty to
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fifty. At fifty something does happen
when we get to that fifty mark that
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says about we got it? You
know, we've got more years behind us
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than we do ahead of us,
probably, so what are we going to
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do with our lives? So I
really appreciate an applaud how you continue to
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serve from your passion and the purpose. So you HINNYA, would you just
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say briefly and we have a little
bit of time before we go into our
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next segment here, I think it's
important for listeners to understand how you became
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involved with No Mistay and your role
as executive director. Why is it important,
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how do you get involve and why
is what you're doing important? Okay,
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yes, thank you for asking and
your interest. I didn't start at
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fifty. I started fifty five,
yeah, Jaquie in twenty in twenty eleven,
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I was going fifty five and I
was going to retire after working in
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a Swiss company called Siba here in
Guatemala. And after I left the company,
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I built an avocado farm for ten
years. But I felt like I
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still needed to do something for Guatemala
because the country has given me a lot.
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I was able to raise by myself
three children and I was in a
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safe economical situation. So I asked
myself, who is going to give a
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job to these women, women fifty
five years old in Guatemala where they are
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always looking for young people. And
that was the big question mark I had
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every night I went to beil thinking
am I in an impossible dream or what?
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So then, as you know destiny, I had the opportunity to meet
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both through a person here in Antigua
and he gave me the job. I
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had experience in database and analysis and
as they was starting to use the basis
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to analyze the results they had over
the years before twenty eleven. So now
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as a executive director, I work
with a team of ten colleagues and we
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are always looking for opportunities to help
our micro entrepreneurs in areas we work I
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mean a regionally like Sakarate pegasim Atenango. The departments of the country are looking
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for new opportunities to grow. I
like my work because I have always thought
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we should help our put poor people. How we have to help them to
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fish and not give them the fish. That's something that I always say.
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We should not create dependency, but
make them value themselves for what they are
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capable of doing. And that's exactly
what we are doing. There is no
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price for the smiles and gratitude you
see of the women of the program for
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what they have learned through the education
and advisory. They feel supported and that
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we value what they are really doing
to survive and to help their families.
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They learn also to love themselves as
women and their role in the family.
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So that's why I like working with
them, Namasti, because of the value
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we are giving to each of the
women we have been working with. So
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beautiful you, Henny, and I
can't wait to be by your side working
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with you in the trenches. But
on that note, let's grab our first
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break. I'm your host, doctor
Realis Cortes. We're on the air with
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Bob Graham of Namaste Direct and you
Heney durand Namaste Iguatemaya. We've been talking
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about why this organization exists, what's
the vision that they're out to accomplish.
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After the break, we're going to
get into what they actually what they actually
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do to help serve women. Stay
with us, We'll be right back.
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Doctor Release Cortes is a management consultant
specializing in meaning and purpose and inspirational speaker
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and author. She helps companies visioneer
for greater purpose among stakeholders and develop purpose
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inspired leadership and meaning infused cultures that
elevate fulfillment, performance, and commitment within
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the workforce. To learn more or
to invite Elise to speak to your organization,
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please visit her at Eleasecortes dot com. Let's talk about how to get
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your employees working on purpose. This
is working on Purpose with doctor Elise Cortes.
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To reach our program today or open
a conversation with Alise, send an
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email to a lease Alise at Elisecortes
dot com. Now back to working on
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purpose. Thanks for stating with us, and welcome back to working on purpose.
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As I've watched the pandemic continue on, we look for ways to help
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companies support their employees handle the anxiety, stress, depression, and feeling disconnected
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while also helping to lift and inspire
them with ongoing professional development. So we
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now offer a wellbeing weather ar a
learning series called Grab Your Gusto Vital well
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Being from the inside Out. You
can learn more about it at eliscoretest dot
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com or send me an email to
at least coortest dot com and we'll talk
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about it if you're just joining the
program. My guests today are you Hennie
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Durand, executive director of NOMA STE
Guatemaya, calling in from Antigua, Guatemala,
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and Bob Graham, founder of NOMA
State Direct and Guatemaya, calling it
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from San Francisco. I'm your host, doctor Elise Cortes. So for this
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next segment, I really want to
get into just really what you're doing specifically
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to help women, because it can
be hard for people who are so so
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far away from the action to understand
this. So you Handy, you already
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said in your introduction some of the
things there's a lot of agricultural businesses that
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happen there. But what kinds of
businesses would you say? Generally you pick
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the women entrepreneurs that you serve.
Okay, first, Alice, I would
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like to explain to the audience that
our women or the women we work with,
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normally, they don't start the business
because they want to. They love
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to, that's the dream. They
start because necessity they need to help the
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husband if they have one with the
household expenses to subsist in this country,
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with its lack of opportunities, as
I plan, initially, women have all
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also continued with their home activities for
this reason. The most common businesses we
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do is a storefronts, which are
little grocery stores in the garage of the
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houses because they are at the house. Normally, they businesses are from home.
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We have thirty two percent of Howard
women and doing that. They also
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sell shoes and clothes that come from
the States, use clothes that they are
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important to Whatatemal that's thirty percent of
our clients, and also prepare food with
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twenty seven percent. You can see
that the percentage is high if we are
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all of those three type of businesses. But there are more and I can
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give you some others like weaving,
selling traditional clothing, dress making, selling
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houseware, selling cosmetics, making and
selling lotions, selling natural medicines, selling
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silver yearly making and selling chocolate.
Also honey they also sell sell fruit and
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vegetables, and this is mostly in
community markets selling firewood raising and chickens and
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eggs, and also pigs and those
and more of different type of business making
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to fias making tamilies. So there
are a lot of businesses that we help.
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Really we do not care what type
of business they have as long as
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they want to increase their costume.
Excellent. That is an incredible variety.
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Okay, So now I want to
get into just some of the more of
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the programs and starts. But before
we do that, Bob, we didn't
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get a chance to the first part
to really sort of presence your background,
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which you just very briefly just help
our listeners understand the background that you had
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before I ask you about some of
the financial literacy work that you do,
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so then they can understand that,
well, my background is ours a CPA,
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and as a CPA really formulated some
strong views about how to do effective
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business. People of out and asked
me how did you become Why did you
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become a CPA? And so I
have to tell a little story because I
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can actually remember when I decided to
be a CPA, and that was at
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age sixteen, and I was living
in a small town in Red Oak,
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Iowa, and junior in high school
and stopped at my dad's insurance agency one
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evening after school and noticed that there
was a stranger working in one of the
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spare offices, and I asked my
dad, who is that guy. He
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said, well, he's the CPA
from Omaha, and he's down here for
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a few days. He's going to
do your tax work for his local clients.
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And then he kind of lowered his
head and lowered his voice, and
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he says, I think he's pulling
in forty dollars a day. I talk
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forty dollars. My god, I'm
making forty cents an hour after school at
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the local newspaper. Dad, I
want to talk to this guy. So
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he introduced us and the nice guy, and he started recruiting me to be
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a future CPA, and so I
made up my mind that is what I
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was going to do, and I
entered the profession right out of college in
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fifty nine. I became the youngest
CPA in California in nineteen sixty one.
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Two years later and all of them, they became a and international CPA firm.
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And before I went into business that
I love being a CPA, you
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know, and how has that affected
in my work? Well, I've read
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that the characteristics of a successful CPA
includes accountability, determination, innovation, reliability,
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organizational skills, and the small dose
of perfectionism. And I can think,
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I think that you can see those
attributes in Noma Stays DNA. By
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the way, I love how you
tell that story in your book. It's
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delightful. And your book is really
one part memoir, one part inspiration,
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and there's many other parts that I
could speak to, but it's beautiful.
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So let me let me just applaud
that first. Okay, So I want
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to make sure that our listeners understan
and that you provide financial literacy to the
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women business owners. You also provide
mentorship. I also want to quickly acknowledge
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the comment Melanie Aguado has joined us
here. I won't read the comment just
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now, but I just want to
make sure that Melanie will hear you.
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Thank you so much for joining the
conversation. We will absolutely address your comment,
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probably off air, but thank you
so much for listening for us.
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So, Bob, help us understand
a bit about how Namasty Direct addresses financial
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literacy for the women business owners.
What's the propris great. Financial literacy is
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really a basic building block our principal
methodology helping these women's as personal business advisors.
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And we'll talk about them a little
later, but these women need the
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building blocks, the fundamentals, and
we can teach the fundamentals in groups them
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five to our sessions each nine month
cycle, and we use lectures and video
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clips and wal chart media that our
educational specialists have developed. And for example,
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the curriculum for the first cycle includes
dreams and goals, business plan development,
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separation, business and personal money,
business budgets, personal budgets, how
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to calculate profits, keeping records,
leadership, self esteem, importance of debt
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service and managing extortion threats, which
is an unfortunate situation in Guatemala that is
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quite less. I would you know, many of us businessmans could use that
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kind of training. I hope it's
the extortion part, but yeah, all
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of that this sounds pretty good to
me. So all right, well,
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let's talk also about the mentorship.
So you, henniya, if you could
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tell us just a little bit.
We don't have too much time to hear
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a lot of details about it,
but a little bit about the personalized mentorship
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you provide to the women business owners. Okay, yes, I would like
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to add that the education and the
advisory we do is adapted to the needs
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of the women because we have twenty
five percent who are completely illiterate and twenty
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percent only went to first to fourth
grade, so maybe the topics are like
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very basic, but they don't know
how to read and write. So the
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problem has the three pillars, the
education, the monthly mentoring, and the
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microroom. The business advisor is the
one who visits the client every twenty eight
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days to see how she is doing
personally and business wise, because if the
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woman is not right in health,
or she has a problem or something,
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she has to find some support to
be able to do her business right.
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And he also, as he does
these nine times during the cycle, that
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means every twenty eight days, he
asked her how did she apply the educational
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session, how she is doing in
the sales, how the expenses were,
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and see if she reached the objective
of the business plan or what measures do
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they have to take to drive the
business to her objective. She said,
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at the beginning, all the data
that is kept written on the field to
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the office, we enter that information
in our database that we call prosper that
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has five hundred fields for each women, and then we analyze the results by
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client, by growth, by region, by business advisor, or any way.
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We want to see how the results
are doing in the according to our
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objectives of the year and also our
mission. So I think that we are
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an MgO with a lot of information
to be shared with our donors and they
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can see how their money is invested
on each women women we work with,
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Beautiful. That sounds like a lot
of accountability and handholding and just encouragement to
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me, beautiful, Bob, would
you just briefly tell us a little bit
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about the micro loans. There's I
know you offer customized micro loans to help
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women entrepreneurs formalize their business models and
their finances. So what kind of sums
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are we talking about? What are
these loans usually used For the first cycle,
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the loans are for two hundred and
fifty dollars the equivalent see and they
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run up to one thousand dollars in
the third cycle, and then subsequent after
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that, subsequent cycles in what we
call our star clients can get loans from
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two thousand to four thousand dollars they're
repayable and nine equal monthly installments together with
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interest at the lowest Guatemalan microfinance interest
rate of two percent a month, along
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with a two percent loan guarantee fee. Assuming successful repayment by the clients,
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that money is returned. We're a
great believer in savings and we have to
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encourage savings. We have a non
state savings club where we match the clients
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contributions dollar for dollar. Pretty good
match, I would say, and I'm
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happy to report, even with the
evil effects of COVID, that the women
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at this time are successfully completing their
loans for ninety one point seven percent of
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the time. Hen you gave you
examples of what his loans are funding,
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and they're so varied that sometimes I
think the women are following the old business
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adage of find the need and fill
it. The most innovative business that I
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have seen was owned by a woman
in Honduras. Since she had a very
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successful lottery. I said, what's
the secret of your success running a lottery?
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And she says, Look, she
says, I people love lotteries,
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and I have a great advantage over
the government lottery because I'm giving out prizes
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that my clients customers want I go
around. I asked them what would you
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like to win? And then I
buy that price and put them in the
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lottery. That is brilliant. That
is brilliant, innovative. Let's let's grab
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our last break here. I'm doctor
Releas Cortez, your host, who are
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on the air with Bob Graham of
NOMA State Direct and Juhnnie durandev Namaste Godemaya.
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We've been talking about what these organizations
do to help women in Guatemala.
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After the break, you learn more
about the actual impact of how this organization
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and these people matter. Stay with
us. We'll be right back. Doctor
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release Cortes is a management consultant specializing
in meaning and purpose and inspirational speaker and
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00:32:50.799 --> 00:32:57.000
author. She helps companies visioneer for
greater purpose among stakeholders and develop purpose inspired
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leadership and meaning infused cultures that elevate
fulfillment, performance, and commitment within the
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workforce. To learn more or to
invite Elise to speak to your organization,
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00:33:07.559 --> 00:33:12.839
please visit her at Elisecortes dot com. Let's talk about how to get your
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employees working on purpose. This is
working on purpose with doctor Elise Cortes.
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To reach our program today or open
a conversation with Alise. Send an email
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00:33:29.480 --> 00:33:37.160
to Aleise Alise at Elisecortes dot com. Now back to Working on Purpose.
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Thanks for stating with us, and
welcome back to Working on Purpose. I
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mentioned after the first break about the
Grab Your Gusto well being what Webinar Learning
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series. The content of this program
is adapted from part one of my recently
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published book called Purpose Ignited, How
Inspiring lears ignite passion and Elevatecause. I
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wrote it to awaken readers to their
passion and purpose and help transform them into
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instpirational leaders who enlighten the workplace and
elevate the contribution of business to all of
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stakeholders, something kind of like we're
seeing in Bob and Eu Henya. If
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you're just joining us. My guests
are eu Hennia Doran, executive director of
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NAMA ste Guatemaia, calling in from
Antigua, Guatemala, and Bob Graham,
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founder of NOMA State Direct and Guatemaia, calling in from San Francisco. I'm
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your host, Doctor Lei's Cortes.
So for this last segment, I really
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want to get into the difference the
impact that you're making as I say,
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I'm so riveted on this notion of
helping more people to get the ability to
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have the impact that you both of
you were having. So, Bob,
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you and I talked about this when
I was going through my board interviews.
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You've chosen to serve women business owners, specifically Guatemala. So for our listeners
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to understand is you and I have
talked about it. Why invest or focus
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on women? Ah? Well,
simply stated women or the future of Guatemala.
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There are two major factors in our
program, the facilitator moving our very
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favorable short term results to the long
term. First, because it's knowledge based
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and therefore internalized by the women,
they will carry this forward. Secondly,
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women uniformly invest their newfound profits in
the family, thereby benefiting the children and
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both now and in the future.
A study in Guatemala showed that women are
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fourteen times more likely than their male
companions to invest extra income in household expenditures
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such as food, medicines, and
children, all of which benefit the children.
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They uniformally spend ninety to ninety five
percent of their increased money on the
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family, as compared to ten percent
by males. Here's another thing. Women
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work to see that their children stay
in school longer, especially the girls.
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Women always tell us that they want
better lives for their children, and they
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have a fierce determination to make that
come true. All of our clients have
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dreams, and that's why they make
better students. Beyond that, women are
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much more likely to attend pure based
training sessions and repeat their loans than men.
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Everybody benefits when women become more independent
and have greater resources. No matter
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what your personal interests may be,
poverty, family planning, health, water,
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nutrition, women's empowerment, social justice, economic justice, these women all
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have something for you. We need
to just just take that as a screenshot,
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a little blip right there, and
just throw that all over the world.
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Bob, I completely agree with that. So so far, you have
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trained over four thousand women since two
thousand and eight through the NOMA State Business
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Development Program. I think that's an
incredible way to spend your one precious life.
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As we've been talking about, I'd
love to hear from each of you
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just briefly, what does that mean
for you. First of all, I
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am glad I met Bob. He's
a person with a great heart level of
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inspire anyone who is able to listen
to his history and how much he loves
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what Emala and the working women.
He understood from the very beginning, how
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their lives were, and how much
trouble they have in the society. I
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am proud to say I work with
him and that the objective of my life
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is done now that I have been
able to conduct, through our colleagues,
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a better life for thousands of women
and their families. The lessons for the
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children from their mother's experience being a
great micro entrepreneur who was able to let
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them to school, college and probably
to the university, is the same for
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a better one of money. That's
all. That's my real feelings. So
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beautiful, so worth it. Yeah, from my standpoint, at least you
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know, our work is very enjoyable, generates satisfaction, and it serves the
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purpose that's higher than the self.
It provides a vehicle for the expression of
402
00:38:28.480 --> 00:38:34.840
love. Beautiful, Oh my god. It provides a vehicle for the expression
403
00:38:34.920 --> 00:38:40.719
of love. That's another film clip. It certainly is. It provides a
404
00:38:40.760 --> 00:38:47.519
life of happiness, which is something
that we all need and desire. Mm
405
00:38:47.599 --> 00:38:52.159
hm oh beautiful. So one of
the other things that you you were,
406
00:38:52.400 --> 00:38:55.480
the three of us have talked about
here is you report that over the last
407
00:38:55.480 --> 00:39:00.039
five years there's been a forty four
increase in micro entrepreneurs monthly income for each
408
00:39:00.159 --> 00:39:06.119
nine month loan and education cycle completed. So that's amazing already. So paint
409
00:39:06.119 --> 00:39:08.599
a picture for us how this improves
the lies of these Gorman entrepreneurs. Could
410
00:39:08.639 --> 00:39:14.199
you speak to that you, Henna, Yes, I am going to give
411
00:39:14.239 --> 00:39:19.280
you a real example of one of
the women we have worked with. Her
412
00:39:19.400 --> 00:39:23.920
name is Salva Loos. When she
became part of the program, she recently
413
00:39:24.039 --> 00:39:31.960
had a drake and her left part
of the case was paralyzed. And besides
414
00:39:32.000 --> 00:39:37.559
that, she was also living with
an alcoholic husband and she had three boys
415
00:39:37.960 --> 00:39:44.639
and a little store where she was
making three hundred and forty six dollars a
416
00:39:44.760 --> 00:39:50.639
month. When she finished her first
cycle with us, she was making seven
417
00:39:50.719 --> 00:39:58.639
hundred and ninety six dollars. That
means that she doubled her profits. In
418
00:39:58.679 --> 00:40:05.000
her next cycle, she maintain maintained
her eight hundred dollars a month profit rate.
419
00:40:05.840 --> 00:40:13.119
But that what she was doing she
was investing, thinking in new areas
420
00:40:13.119 --> 00:40:20.960
where she can grow her business.
And also she was participating in the conference
421
00:40:21.400 --> 00:40:27.519
and learned how to handle her alcoholic
husband, so she was doing better in
422
00:40:27.639 --> 00:40:34.559
business. So in her first cycle, she became part of the program we
423
00:40:34.719 --> 00:40:40.199
call the Stars, and she had
besides the store that she made it bigger,
424
00:40:42.119 --> 00:40:47.320
created a hardware store because there were
a lot of constructions in her hometown
425
00:40:47.920 --> 00:40:53.599
and she noticed that people had to
go to Antiwa and they could easily buy
426
00:40:53.639 --> 00:40:58.880
it from her. She made a
deal with the bank where she was able
427
00:40:59.000 --> 00:41:04.480
to pay check, received payments for
bills, and she got the commission there.
428
00:41:05.079 --> 00:41:10.119
She also made tortillas, so she
created a lot of different business and
429
00:41:10.239 --> 00:41:16.920
when she finished that cycle in twenty
fourteen, her monthly profit was three thousand,
430
00:41:17.159 --> 00:41:22.960
one hundred and five dollars a month, that is nine hundred percent more
431
00:41:23.599 --> 00:41:31.400
from her starting profit in twenty eleven. And with this profit, she was
432
00:41:31.559 --> 00:41:40.000
able to pay for a cornea operation
that one of her songs needed without getting
433
00:41:40.639 --> 00:41:46.239
involved in another loan from a bank
or from also whatever. She learned how
434
00:41:46.360 --> 00:41:51.559
to say how to pay and she
was able to do that. So she
435
00:41:51.719 --> 00:41:58.679
is doing a great with her business. Unfortunately, she recently had a CROs
436
00:41:58.760 --> 00:42:05.519
cycle accident in Gatemala. But as
she relegated part of the business to these
437
00:42:06.039 --> 00:42:10.199
kids, so they are able to
continue if she is not there. I
438
00:42:10.280 --> 00:42:22.079
bet her business are doing great.
So we are convenienced that the monthly advisory
439
00:42:22.159 --> 00:42:28.679
and the financial education is the one
that helped her how to create this great
440
00:42:28.719 --> 00:42:32.519
business that she is having. Now
I'm going to just guess she's pretty happy
441
00:42:32.519 --> 00:42:39.760
she met NOMA State Director. Just
gotta guess. Okay, So we're coming
442
00:42:39.800 --> 00:42:43.599
close to the end of the show. But one more piece of the financial
443
00:42:43.599 --> 00:42:45.719
piece that I really want to cover
for our listeners and viewers here. So,
444
00:42:45.760 --> 00:42:50.079
Bob, you report a two hundred
and fifty percent return on money invested.
445
00:42:50.239 --> 00:42:53.599
So for every one hundred dollars NOMA
stage spends on training the first year
446
00:42:53.599 --> 00:42:58.519
after her training, each woman earns
more than tour fifteen profits. So that
447
00:42:58.679 --> 00:43:00.800
is really quite interesting. Help us
understand why that is so important. What
448
00:43:00.840 --> 00:43:07.639
that means. Well, this ROI
metric is important to the women because it's
449
00:43:07.679 --> 00:43:13.519
important to many of our donors.
In other words, as the desire for
450
00:43:13.639 --> 00:43:19.519
tangible results is increase in the world
of philanthropy, more giving is being directed
451
00:43:19.599 --> 00:43:24.000
accordingly. This means that more Guatemalan
women are able to get our life changing
452
00:43:24.239 --> 00:43:31.440
education because we attract more donations.
So our donors, in effect, are
453
00:43:31.480 --> 00:43:43.800
affirmed in their decision by this ROI. You remember the adage we move in
454
00:43:44.000 --> 00:43:51.039
emotion and we rest in reason,
So this is this is the resting.
455
00:43:51.639 --> 00:44:00.360
The ROI provides that resting in a
two fifty return is handsome indeed, But
456
00:44:00.519 --> 00:44:06.079
remember this is year after a year, as knowledge doesn't appreciate. So the
457
00:44:06.840 --> 00:44:15.719
Kumbuldi return is really the stuff of
adventure capitalists dream right alongside the women's dreams.
458
00:44:15.760 --> 00:44:20.679
That's so beautiful. Well, we
didn't get a test to cover in
459
00:44:20.679 --> 00:44:22.719
the last segment. We do a
little bit of time here, so I
460
00:44:22.760 --> 00:44:25.599
would like to talk a little bit
about the annual business conference that you put
461
00:44:25.599 --> 00:44:30.760
on for the women entrepreneurs. What
I find amazing about what I think I
462
00:44:30.800 --> 00:44:34.039
know about it so far is this
is when the women come to this one,
463
00:44:34.119 --> 00:44:36.880
it might be the first time they've
ever been away from their families and
464
00:44:36.920 --> 00:44:40.360
spent a night or time away,
and now they're gathering with other women to
465
00:44:40.360 --> 00:44:44.679
talk about and learn about their businesses. So what are I know? This
466
00:44:44.719 --> 00:44:46.199
year is probably going to be virtual
again, and I'm thrilled to be part
467
00:44:46.239 --> 00:44:52.079
of it. But tell us a
little bit about this business conference. Yeah,
468
00:44:52.559 --> 00:44:57.320
every year about twenty twenty and twenty
twenty one, we invite the one
469
00:44:57.360 --> 00:45:01.599
hundred women from our Creating Prosperity program
to this event. It is a big
470
00:45:01.679 --> 00:45:08.079
challenge to reach this number here in
Guatemala because living in a machista country where
471
00:45:08.400 --> 00:45:14.599
men are not supposed to take care
of children, cook or be responsible for
472
00:45:14.679 --> 00:45:21.480
them for three days, many cannot
participate. However, we normally reach about
473
00:45:21.559 --> 00:45:25.719
ninety percent of the objective every year, which is a significant number for us.
474
00:45:27.719 --> 00:45:34.400
Fifty percent of the participants have never
been out of their homes. You
475
00:45:34.480 --> 00:45:38.360
have to see their faces when they
are treated like wings in a five star
476
00:45:38.480 --> 00:45:45.039
hotel in Lake Cathyland, which is
the most beautiful of the world, with
477
00:45:45.159 --> 00:45:51.320
three meals, meeting new people who
are in the same situation as them,
478
00:45:51.800 --> 00:45:58.440
and learning new business and personal skills. That's priceless. When you see them
479
00:45:58.599 --> 00:46:05.000
at the closing of the conference with
a marineba or any type of music,
480
00:46:05.119 --> 00:46:12.119
everybody dancing. They forget about all
their problems for a few hours, but
481
00:46:12.320 --> 00:46:20.800
that makes their lives different and they
remember that forever. So and another thing
482
00:46:20.880 --> 00:46:24.039
is that they walk away of the
conference with a new sense of pride,
483
00:46:24.840 --> 00:46:30.039
with a lot of new knowledge for
their lives and with new friends that they
484
00:46:30.119 --> 00:46:37.280
have to do business or they just
make new friends. It's so important a
485
00:46:37.360 --> 00:46:40.800
socialization. Yeah, if we have
time, I'd like to add a couple
486
00:46:40.800 --> 00:46:45.039
of minutes here, just a minute. Publicist working most of the time,
487
00:46:45.079 --> 00:46:46.239
so just go ahead and add one
minute if you would, and the work
488
00:46:46.280 --> 00:46:53.440
close with your comments. Okay.
What I want to say is that we
489
00:46:53.599 --> 00:47:00.599
have an annual do on our trip
a week and we always do it build
490
00:47:00.639 --> 00:47:07.000
around the conference, and that trip
is going to be in March next year,
491
00:47:07.320 --> 00:47:14.519
March thirteenth to the nineteenth and with
three days after conference with the women,
492
00:47:15.360 --> 00:47:19.440
and we would love to have listeners
join us on that trip. Well,
493
00:47:19.519 --> 00:47:25.079
you know I'm coming right brought me
out close the borders of the country
494
00:47:25.079 --> 00:47:29.559
to stop me. Okay, well
we're getting close to the tern. I
495
00:47:29.599 --> 00:47:31.559
do want to hear from just both
of you, just like like may thirty
496
00:47:31.599 --> 00:47:35.440
seconds each. You know, you
know this show is listening to by people
497
00:47:35.480 --> 00:47:37.320
around the world, and you already
know what we're up to here. What
498
00:47:37.360 --> 00:47:44.239
would you like to leave our listeners
with today? I just would like to
499
00:47:44.280 --> 00:47:50.039
say some words from Laotsu, who
was a Chinese philosopher contemporary of Confucius.
500
00:47:50.159 --> 00:47:55.320
Since contract BC, go to the
people, live with them, learn from
501
00:47:55.360 --> 00:48:01.639
them, love them, start with
what they know, and deal with what
502
00:48:01.840 --> 00:48:07.519
they have with the best leaders.
When the work is done and the task
503
00:48:07.599 --> 00:48:15.119
accomplished, that people will say we
have done these ourselves. I would like
504
00:48:15.199 --> 00:48:22.880
to Menisa, Bob well, thanks
for this opportunity to share our program with
505
00:48:22.000 --> 00:48:29.199
your viewers and listeners. I would
close with an invitation to that audience do
506
00:48:29.400 --> 00:48:36.239
something by doing something for others.
And Gandhi said, whatever you do in
507
00:48:36.280 --> 00:48:42.599
life will be insignificant, but it's
very important that you do it because you
508
00:48:42.639 --> 00:48:49.079
can't ever really know the purpose of
your life. So we will welcome your
509
00:48:49.119 --> 00:48:53.440
interest in joining with no mistay and
doing something. But this invitation is not
510
00:48:53.599 --> 00:49:00.039
just about no mistake. It is
about any cause that you deem worthy,
511
00:49:00.079 --> 00:49:08.119
exciting, or compelling. Just do
it. I completely agree. Thank you
512
00:49:08.159 --> 00:49:10.639
Bob and you Henny you so much
for sharing your hearts, your souls,
513
00:49:10.679 --> 00:49:14.280
and your mission with us. I
know that our listener is going to be
514
00:49:14.320 --> 00:49:16.039
inspired and want to be involved,
so thank you very much for joining me
515
00:49:19.000 --> 00:49:22.079
you listeners. You're welcome listeners,
viewers if you want to learn more about
516
00:49:22.639 --> 00:49:27.559
this organization as you've already known.
I'm I've happily joined the board here,
517
00:49:27.559 --> 00:49:30.920
so you clearly know that I'm invested
in and I and I'm excited about it.
518
00:49:30.039 --> 00:49:32.599
But you want to learn more about
Bob Graham, Eugenie Duran and the
519
00:49:32.639 --> 00:49:37.199
work they're doing and Nama Stay Director
and Amos day Gudemaya, start by visiting
520
00:49:37.360 --> 00:49:43.599
namastadirect dot org. So it's Namas
day n A m a ste direct dot
521
00:49:43.719 --> 00:49:46.440
org. And thanks again to our
partnering sponsor work Proud, which helps companies
522
00:49:46.480 --> 00:49:50.840
build a platform where your workforce receives
meaningful feedback. And thanks for the work
523
00:49:50.840 --> 00:49:53.360
from people across your company. Last
week. If you missed the live show,
524
00:49:53.360 --> 00:49:57.119
you can always catch it be a
recorded podcast. We were on the
525
00:49:57.159 --> 00:50:00.039
Year with Frank Coloroni, who is
the chairman and CEO and a Plan and
526
00:50:00.119 --> 00:50:06.199
the author of Upstanding, How Company
character catalyzes loyalty, agility and hypergrowth and
527
00:50:06.280 --> 00:50:08.760
what she argues that a company led
culture is not just good for reputation,
528
00:50:09.079 --> 00:50:14.280
but integral to the strategy of every
winning company. Next week we'll be on
529
00:50:14.320 --> 00:50:17.239
there with Susan Lucci talking about her
work as a purpose guide helping presence purpose
530
00:50:17.320 --> 00:50:21.280
in the world see you there.
Remember that work is at least of their
531
00:50:21.320 --> 00:50:30.119
her life. So let's work on
purpose. We hope you've enjoyed this week's
532
00:50:30.159 --> 00:50:34.440
program. Be sure to tune in
to Working on Purpose, featuring your host,
533
00:50:34.480 --> 00:50:38.840
doctor Elise Cortes, each week on
the Voice America Empowerment Channel. Together,
534
00:50:39.159 --> 00:50:45.559
we'll create a world where business operates
conscientiously. Leadership inspires impassioned performance,
535
00:50:46.000 --> 00:50:51.400
and employees are fulfilled in work that
provides the meaning and purpose they crave.
536
00:50:52.119 --> 00:50:53.719
See you there, Let's work on
Purpose.





















































