Jessica Jackley, Co-founder of Kiva.org, gave a keynote address at www.kiva.org), and making a small loan (like $25) to a budding entrepreneur somewhere in the world to help him or her start a small business. And all those microloans have added up, with people having loaned more than $60 million through Kiva!
She mentioned this is something she learned from Dr Muhammed Yunus, founder of Grameen Bank and from observing the world in general. In college she studied philosophy, not business, as she wanted to help people. Next year, Kiva plans to start the microlending service in the US as well. The most remarkable quote at the conference came from her:
“I’m not wealthy, but I feel I can retire on happiness”