Good News Pilipinas published this:
Reese Fernandez, co-founder of the Rags2Riches enterprise, which assists women to recycle scrap material and manufacture rugs for sale in Payatas was recently honored at the 2010 Rolex Awards for Enterprise: Young Laureates Program.
The Filipino social entrepreneur accepted the award together with four other Young Laureates from Nigeria, India, Ethiopia, and the United States at an elegant ceremony held at the Rolex Learning Center in Lausanne, Switzerland.
The Rolex Awards provided grants of $50,000 each to the five young Laureates for their projects. All winners were also given a Rolex chronometer and will benefit from an international publicity campaign.
Reese Fernandez’ Rolex profile is here, with video and photos of her social enterprise.