Jessica Jackley: Poverty, money -- and love

The speaker shares their journey from childhood perceptions of poverty to discovering microfinance through Dr. Muhammad Yunus. Inspired, they founded Kiva, a platform facilitating microloans to entrepreneurs, transforming lives and challenging traditional views of poverty. The speaker emphasizes the importance of community support and introduces Profounder, a crowdfunding platform for small businesses. They conclude by encouraging belief in each other's potential to create positive change.

What emotion did the speaker initially feel when learning about poverty in Sunday school?

• Excitement to help

• Indifference

• Confusion and frustration

• Fear of the poor

How did the speaker's perception of the poor change after hearing Dr. Muhammad Yunus?

• They felt more guilty

• They viewed the poor as entrepreneurs

• They became indifferent

• They saw the poor as helpless

What realization did the speaker have while interacting with entrepreneurs in East Africa?

• Microloans are ineffective

• The poor are always asking for help

• Entrepreneurs need control over their lives

• Donations are the best way to help

What did the speaker find surprising about the entrepreneurs they met in East Africa?

• They were not interested in business

• They wanted to build on their own capabilities

• They were uninterested in loans

• They frequently asked for donations

What was the primary focus of Kiva according to the speaker?

• Providing large loans

• Retelling the story of the poor

• Generating profits

• Creating dependency

How does the speaker describe the relationship between lenders and borrowers on Kiva?

• A partnership based on respect and hope

• A traditional donor-beneficiary relationship

• A one-time interaction

• A purely financial transaction

What does the speaker hope Kiva can achieve in terms of societal categories?

• Eliminate the need for loans

• Focus solely on large-scale projects

• Blur the lines between traditional categories

• Reinforce the divide between rich and poor

What is the main purpose of Profounder as described by the speaker?

• To provide donations

• To offer loans

• To facilitate investments from friends and family

• To replace banks

What did the speaker learn about the source of funding for small businesses in the U.S.?

• Most funding comes from banks

• Friends and family provide the majority of funding

• Venture capitalists are the main source

• Government grants are the primary source

What is a key feature of Profounder that differentiates it from other funding platforms?

• It focuses on large corporations

• It allows for dynamic investment returns

• It requires government approval

• It only offers loans