Jessica Jackley: Poverty, money -- and love

http://www.ted.com What do you think of people in poverty? Maybe what Jessica Jackley once did: "they" need "our" help, in the form of a few coins in a jar. The co-founder of Kiva.org talks about how her attitude changed -- and how her work with microloans has brought new power to people who live on a few dollars a day.

Category:

Science & Technology

Tags:

• Jessica
• Jackley
• TEDTalks
• TED
• talks
• Kiva
• Kiva.org
• microlending
• poverty
• aid
• microloans
• loan
• lending

[jujubeejeff123]

The people who ask, "why is this lady is crying" are the same people who never built anything... They never put their heart and soul into something that they believed in. these are the people who come around and just break or destroy the human spirit to make them feel better about themselves... its a sad story

[Gaylavan]

For those skeptics, I have made 35 Kiva loans to date and not a single nickle in default. I did not lend a lot of money, but rather lend the same money over and over again. The total I have spent to help 35 families to date is less than I spend on coffee in a year. So, not only do I help, but all of those who repay their loans in turn help their neighbors. The default rate on Kiva loans is public information and it is a tiny fraction of a percentage.

[crudhousefull]

Anyway you're incredible and great

[crudhousefull]

You are such a great person. Unfortunately, your expertise and warm heart will better serve in alleviating the suffering of poor countries by battling your country's foreign policy. The problem is macro. While micro solutions work, if you attack the macro problem, you will be helping much much more

[lightandbeautiful]

Homosexual activists understand the power of words.

Please visit my channel to watch a one-minute video clip in which popular atheist author Richard Dawkins admits that homosexual activists "hijacked the word 'gay'".

The word "homosexual" is more appropriate and accurate because it, unlike the word "gay", actually describes the behavior/attraction/relationsh­ip being discussed.

The word "gay" helps homosexual activists push their agenda.

[rejectofthemoon]

some of the comments here are completely irrelevant. if you don't feel compelled by simply human generosity to loan in order to build up a community, then don't waste you're time justifying how these tools "can't work." apparently they do. they are not rooted or biased on any sort of economic system. these tools are rooted in human generosity and faith for man's potential. if you don't appreciate what this woman has built, I'm curious to know what you have done to help the worlds entrepreneurs.

[NextStarfish]

She's a very inspiring speaker, and converted me to Kiva.

I've used her TED talk in a post on my Nextstarfish blog

[ritvarsdortans]

wow, inspiring talk :)

[smikesmike05]

Made me smile :)

[200FuckingPonies]

@JohnF30Music I'm talking about economic externalities. Things that aren't paid for in the price but are eventually paid by someone somewhere.

A good example is coal fire power plants. Thousands of people die every year directly attributable to their pollution but this cost is 'externalised'. Therefore the true cost is much greater than the market price.

This is why totally free markets will never work. Market failures have to be compensated for.

[JohnF30Music]

@200FuckingPonies pollution will be priced? what do you mean?

[islandmuffin]

@andreeaweed socialsim has failed far worse than economic freedom