Social Entrepreneurism and Microfinancing Goes Global
1256_ 8/8/12 [Orig Pub 2008] - KIVA is a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world. Lucy Sanders interviewed Jessica Jackley Flannery, co-founder of Kiva with her husband Matt. KIVA is the first peer-to-peer micro loan website, demonstrates how the Internet can facilitate meaningful, positive connections between lenders and entrepreneurs in the developing world and even help us all become micro-financiers. Jessica has spoken widely on microfinance and social entrepreneurship, and has seen microfinance at work in a variety of communities in more than 30 countries. Jessica has built the KIVA budget from a small startup amount to $45 million. "In 2007, for every $1 Kiva received in donations, we raised another $10 online in loans for the poor." Jessica shares some incredible success stories. Listen for more...
Related Links: KIVA || ASHOKA || NCWIT Home || NCWIT Practice || NCWIT Blog || Heroes Channel || Keywords: Jessica Flannery, Kiva, NCWIT, Ashoka Fellow, Microfinance, Social Entrepreneurship > Bytes: 24043836 >
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