Changing China one loan at a time
Written by admin on July 2nd, 2009 in Student Loans.
Google Tech Talks January 12, 2009 ABSTRACT As financial institutions melt down, you’ve probably heard a thing or two about credit–who gets it, from whom, and what it means for the global economy. There are very few bright spots in today’s economic environment, but the good news is that in many parts of the world, loans of just a few hundred dollars still have the capacity to change people’s lives. Join Casey Wilson, nonprofit startup entrepreneur, to talk about her work with Wokai, the …
July 2nd, 2009 at 12:32 pm
I’m such a sap…this video brought tears of joy to my eyes.
July 2nd, 2009 at 12:32 pm
I would already be happy if I could make about the same interest as my bank account. I think paying interest to lenders would dramatically increase the amount of money that goes towards this.
From the point of view of the borrower, would a few percent on top of 15-20% be doable?
However, I understand that there are massive bureaucratic barriers to this. Hopefully these can be overcome at some point.
July 2nd, 2009 at 12:32 pm
The one downside is that we don’t get a return on investment– if we give somebody 10, we don’t get 20 back.
I think I’d still invest though. I’d love a ROI though.
July 2nd, 2009 at 12:32 pm
it would be really great if i could get some macro-funding for my micro-chickens…….(they fit in the palm of your hand!!!)
July 2nd, 2009 at 12:32 pm
Great job, Casey! Wokai is doing great things and I’m looking forward to seeing it continue to grow!
July 2nd, 2009 at 12:32 pm
Hey Casey! just wanted to post a shoutout =] Good preso. I hope all’s well!
- Jay Liew
July 2nd, 2009 at 12:32 pm
dig your honesty baby
July 2nd, 2009 at 12:32 pm
Great info; great speaker.
July 2nd, 2009 at 12:32 pm
Are you saying that I can be a philanthropist and make money doing so?
I think I may be interested.
July 2nd, 2009 at 12:32 pm
Great work, Casey.