22 MarThe story of the Kiva from its founder

The story of the Kiva from its founder

Jessica Jackley Flannery, an MBA graduate who founded Kiva, the micro lending website has written the story of she came up with the idea of her company in Stanford Social Innovation Review (It's a bit old, from Sep. 2008, but interesting…the link is here).

She got obsessed by the idea of becoming a social entrepreneur after hearing a speech by Dr. Muhammad Yunus. Hearing his story changed here life. Something clicked.

From a handful of friends and family members lending $3,000 to seven entrepreneurs in Uganda, so far Kiva has facilitated nearly $40 million in loans from 330,000 lenders to 60,000 entrepreneurs worldwide.

I recommend you to take a look at Jessica's article as she also provides some tips for people who want to become a social entrepreneur.


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