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WEST LAFAYETTE, Ind. — Jessica Jackley, co-founder of the world's first peer-to-peer microlending website, will kick off the 2010-11 Purdue Series on Corporate Citizenship and Ethics.

Jackley will speak at 7 p.m. Sept. 14 in Stewart Center's Fowler Hall. The talk, which is free and open to the public, is presented by the Krannert School of Management and the College of Education's James F. Ackerman Center for Democratic Citizenship.

Jackley, who will speak on "Harnessing the Power of Perspective, " is a co-founder of Kiva.org, which lets Internet users lend as little as $25 to specific developing-world entrepreneurs, providing affordable capital to help them start or expand a small business.

Since 2005, Kiva has loaned more than $100 million from lenders to entrepreneurs in 182 countries.

Kiva's mission of connecting people through lending to alleviate poverty and the idea that relationships are a powerful force for positive change remain foundations for the organization's strategy.

Last year, Jackley began work on ProFounder to provide ways for small U.S. businesses to access start-up funding through community involvement. She also teaches global entrepreneurship at the University of Southern California Marshall School of Business.

She has an MBA from Stanford University Graduate School of Business and a bachelor's degree in philosophy and political science from Bucknell University.

The Purdue Series on Corporate Citizenship and Ethics began in 2003. Speakers chosen from a variety of disciplines discuss business ethics and the role citizens play in corporate ethics, providing an overview of the impact of corporate ethics on business, the economy and society as a whole.

Jackley's talk is sponsored by Purdue Employees Federal Credit Union and Karl and Kathy Krapek.

Also speaking this academic year will be Randy Cohen, New York Times ethics columnist, on Nov. 18, and Mitch Jackson, FedEx vice president of environmental affairs and sustainability, on April 7.

Interesting facts

  • Jessica Jackley is an American businesswoman and entrepreneur.
    Jackley was the co-founder and CEO of ProFounder, a platform that provided tools for small business entrepreneurs in the United States to access start-up capital through crowdfunding and community involvement.
    Prior to ProFounder, Jackley was co-founder and Chief Marketing Officer...

Additional information


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Popular Q&A

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What are the advantages of micro lending.

Micro lending has the main advantage of reaching previously un-serviced sections of the financial market. Micro lending has also become a way for businesses to get capital to expand and grow.

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What are some private lending websites.

Private Lenders do not like being open to the public. This is primarily due to the large demand in lending, especially now that all real estate flippers have no bank to go to.
The best thing to do for a business is to hire a broker or an underwriting company to facilitate the connection between the small business owner and the lender. For these types of loans the borrower must have strong business credit. If the business does not know how to utilize business credit it is suggested to contact a professional service. These typically run at $1000 and up.