Raising finance for the poor can be a daunting task. However, social entrepreneurship sites such as KIVA ---and the whole idea of MICROFINANCING---- make a transformative change in millions of lives daily. Make your own loans today. (Note: POWERPOINT NOT THE SAME AS KEYNOTE)

1. BUSINESS FINANCE:
MICROFINANCING
“A bank is a place that will lend you money if you can prove that you
don't need it.”
Bob Hope
http://en.wikipedia.org/wiki/Staff_Benda_Bilili

2. FINANCIAL HUMOR (?)

3. PBS: YUNUS, THE EVOLUTION OF
MICROFINANCE
NOBLE PRICE WINNER 2006
MICROLENDING = “SMALL LENDING TO THE POOR IN DEVELOPING
COUNTRIES.” vs. LOAN SHARK
MICROLENDING NOT NEW: JONATHAN SWIFT
GRAMEEN BANK = 5.7 BILLION --- 5.1 BILLION REPAID
RECOVERY RATE OF 98.9 %
WOMEN = 96% OF 6.7 MILLION MEMBERS
CRITIQUES: MURDOCH
WWW.PBS.ORG/FRONTLINEWORLD/STORIES/UGANDA601/HISTORY

4. KIVA:
LOANS THAT CHANGE LIVES
HTTP://WWW.KIVA.ORG/

5. KIVA ON VIMEO:
What did you do with my $25 LOAN?
“BE THE CHANGE YOU WANT TO
SEE IN THIS WORLD”
GANDHI
HTTP://VIMEO.COM/10076318

6. KIVA BOOK:
THE BANK OF BOB (chapter 3)
“WAIT - LENDING? YES, LENDING. NOT OUTRIGHT GIVING. THAT SOUNDED ODD.”
“THE SURPRISINGLY HIGH-REPAYMENT RATE.”
“I THINK THAT MAYBE WHY SOME PEOPLE HARDEN AGAINST CHARITABLE APPEALS”
“DOZENS OF FACES PEERED OUT FROM MY SCREEN. MOST WERE WOMEN.”
“WAIT, I THOUGHT. SERIOUSLY? DUDE IS ALMOST MY AGE.”
“I WAS THRILLED TO SEE HE HAD ALREADY BEEN FULLY FUNDED.”
“I FOUND MYSELF LOOKING BACK OVER THE LOANS I´D ALREADY MADE AND TRYING TO IMAGINE
THE LIVES ON THE OTHER END.”
HTTP://BOINGBOING.NET/2013/03/05/THE-INTERNATIONAL-BANK-OF-
BOB.HTML

7. HBR: KIVA CASE STUDY
HTTP://HBR.ORG/PRODUCT/SOCIAL-ENTREPRENEURSHIP-
KIVA/AN/P70-PDF-ENG

8. TED: POVERTY, MONEY --- AND
LOVE (KIVA, JESSICA JACKLEY)
“THE STORIES WE TELL OURSELVES
ABOUT EACH OTHER MATTER VERY
MUCH.”
HTTP://WWW.TED.COM/TALKS/JESSICA_JACKLEY_POVERTY_MONEY_AND_
LOVE.HTML

9. MY LOANS
AIDA LUZ
”Everything in her life is much better that it was before.”

10. QUESTIONING:
BUSINESS FINANCING
DO YOU THINK MICROFINANCING WORKS? DO YOU KNOW ANYONE WHO HAS BEEN INVOLVED WITH ITS IDEAS?
WOULD YOU LOAN USING THIS MODEL? WHY? WHY NOT? DO YOU LIKE THE KIVA WEBSITE? DO YOU TRUST IT? WHO WOULD YOU
LEND TO? WOULD YOU BECOME A KIVA FELLOW? (READ CHAPTER 4, THE BANK OF BOB)
WHY DO YOU THINK MICROFINANCING IS MORE EFFECTIVE THAN CHARITABLE WORK? DOES MICROFINANCING REACH THE
POOREST? WHAT IS IT ABOUT OUR ECONOMIC MODEL THAT MAKES FINANCING THE POOR SO DIFFICULT? CAN WE PROGRESS IN
OTHER WAYS? (THINK ABOUT THE HISTORY OF KIVA)
IN JACKLEY´S VIDEO, WHAT DOES SHE MEAN THAT THE STORIES WE TELL ABOUT OTHERS ARE CRUCIALLY IMPORTANT? HOW IS THIS
APPLIED TO OUR RELATION TO THE POOR? WHAT ARE THE GENERAL IDEAS WE HAVE ABOUT THE POOR? IN CONTRAST, WHAT DO YOU
THINK OF THEIR REPAYMENT RATE? SHOULD WE INVEST MORE ON THE POOR? WHAT DO YOU THINK OF BUNKER ROY’S BAREFOOT
IDEAS? DO YOU KNOW ABOUT SOCRATES?
WHY ARE MOST LENDERS WOMEN? WHAT IS IT ABOUT WOMEN THAT MAKES THEN SUCH GREAT CANDIDATES FOR LOANS
ACCORDING TO ROY´S VIDEO? DO YOU REMEMBER ROY´S JOKE ABOUT THE BEST WAY TO COMMUNICATE IN THE WOLRD TODAY? (NOT
BY TELEPHONE, OR TELEGRAPH, OR TELEVISION, BUT TELL-A-WOMAN)
WHAT ARE SOME OF THE IMPORTANT CRITIQUES BY MURDOCH TO THE MICROFINANCING SYSTEM ACCORDING TO THE PBS
READING? WHAT PROBLEMS DO YOU FORESEE AS ENTREPRENEUR? CAN MICROFINANCING REACH THE ILL? HOW THEN CAN THE ILL
HAVE DIGNITY?
BUT MOST IMPORTANT: How ARE YOU RAISING FINANCE FOR THE UNDERPRIVILEGED?

11. THE BAREFOOT MOVEMENT:
BUNKER ROY
“I WENT TO A VERY ELITIST, SNOBBISH,
EXPENSIVE EDUCATION IN INDIA; ....
AND THAT ALMOST DESTROYED ME.”
HTTP://WWW.TED.COM/TALKS/BUNKER_ROY.HTML

12. “You seem, Antiphon, like one who thinks that
happiness is luxury and extravagance. But I, for
my part, hold that to need nothing is divine
(theios), that to need as little as possible is
nearest to the divine, and what is divine is best,
and that what is nearest to the divine is nearest
to what is best.” xenophon, Memorabilia I, 6.
THANKS
SOCRATES
http://www.fundacionpiesdescalzos.com/