October 20, 2009
Cheryl Sesnon, Execuitve Director of Washington CASH, and an
adjunct professor in the Master of Public Administration and Executive Master of
Nonprofit Leadership programs is the 2009 recipient of the Aubrey Davis Award
for Progressive Leadership. The first and the previous winner of this award was
Bill Gates, Sr.
As the Executive Director of Washington CASH, Cheryl has
had extraordinary success in providing the training and capital that low-income
entrepreneurs need to start their own businesses.
Asked why Washington
CASH gives most of their business start-up loans to women, Cheryl says: “Two
reasons. First, we feel that women are the most economically disadvantaged
workers in our society, and therefore the most in need of business skills and
capital resources….Second, it has been demonstrated around the world that women
are better borrowers in that they repay loans at a much more dependable rate
than men, and because they use their earnings to benefit their families first --
which in the long run also benefits the greater society as well.”
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