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Jessica Jackley, the founder of Kiva, an organization that facilitates the transfer of money to entrepreneurs and small businesses in developing countries, explains how her business models are changing the world. As someone who grew up constantly burdened with the idea of poverty, she has always been motivated to empower individuals to create better lives for themselves.
Her speech introduces microfinance and microlending, the concepts on which Kiva was built. Jessica Jackley explains how the small loans administered by Kiva enable entrepreneurs in poor countries to develop profitable businesses from scratch. She offers examples of individuals she has worked with in Central Africa and other parts of the world who have created a better life for themselves and their families thanks to donations as small as $25. Jessica Jackley’s speech is both interesting and inspiring, as she presents a business model that not only creates better lives for people, but also connects people all over the globe.