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Management Lecture Series features KIVA co-founder

Thursday, March 28, 2013

FREDERICK, Md.—The founder of the world’s the first peer-to-peer microlending website will discuss innovative business approaches April 9 at 6:30 p.m. in Hodson Auditorium in Rosenstock Hall at Hood College.

The talk launches the College's Management Lecture Series, a department of economics and management initiative that focuses on sustainable leadership. Social entrepreneurship— applying innovative thinking to address social problems—is this year’'s theme.

Jessica Jackley, co-founder and former chief marketing officer of KIVA Microfunds, will deliver the inaugural lecture entitled KIVA and New Business Thinking: Challenging Common Business Practices.

A social entrepreneurship success story, KIVA's mission is to connect people through lending to alleviate poverty and to enact positive social change by empowering individuals, one at a time. The organization helps low-income borrowers in developing countries and in the United States who do not have access to typical banking services start or expand small businesses through the Internet. Since its founding in 2005, KIVA has connected lenders—for as little as $25—to entrepreneurs in more than 200 countries, and has provided more than $400 million in affordable capital from nearly 900,00 lenders. More than 80 percent of the loans have been to women.

Jackley is the recipient of numerous accolades for her work, including the 2012 Symons Innovator Award, which recognizes the importance of women's participation in technology innovation and business; the 2011 Economist magazine's No Boundaries Innovation Award; and the 2010 USA Networks Character Approved Award. She was named on of Fast Company's 60 in the 2012 League of Extraordinary Women and was invited to speak at the prestigious Technology, Entertainment and Design conference in July 2010.

Jackley earned a bachelor's degree from Bucknell University and an MBA from Stanford University. She has taught at Drew University and Marshall School of Business at the University of Southern California.

The Management Lecture Series highlights progressive solutions to some of the critical issues facing the world, such as environmental sustainability, economic development and individual empowerment. The series is sponsored by the MBA program at Hood and Bruce La Fleur, an alumnus of the program.

For more information, contact Glen Weaver, assistant professor of management, at weaver@hood.edu; or Jerry Van Winter, Ph.D., assistant professor of management, at vanwinter@hood.edu.