• Jessica Jackley: On the Power of Social Enterprise

  • Jul 20 2021
  • Length: 38 mins
  • Podcast

Jessica Jackley: On the Power of Social Enterprise

  • Summary

  • Real Good Company is a show where we talk with real people building good companies that are making a real impact. Today’s guest has a prolific resume in the entrepreneurial and social enterprise worlds. Jessica Jackley is the founder and CEO of Alltruists, a monthly subscription box that provides at-home, kid-friendly volunteer and giving projects for the whole family. Prior to launching Kiva, in October of 2005, she co-founded Kiva, the world's first crowdfunding site for microenterprises that provides entrepreneurs with affordable capital to start or expand their business. In its first year, Kiva facilitated $500,000 in loans. Today, Kiva has facilitated more than $1.5 billion in loans worldwide. 

    Jessica is also a cofounder and General Partner at Untapped Capital, an impact capital firm that invests in startups that are making a positive impact in the world. To top it all off, she harnessed her entrepreneur acumen into her own book. In “Clay Water Brick: Finding Inspiration from Entrepreneurs Who Do the Most with the Least,” Jessica shares lessons learned from successful businesses in the world’s poorest countries and how to tap into the innate entrepreneurial spirit we all have for social change.

    A natural entrepreneur, Jessica grew up in the business of doing service. After founding Kiva, Jessica went back to business school at Stanford and was able to apply the lessons from class on how to operate a nonprofit like a business. She shares her journey of debunking and demystifying the myth of entrepreneurs and for-profit businesses versus nonprofits. 

    After going through a divorce from her husband and the co-founder of Kiva, Jessica stepped down from the organization and set out to create something new. Through a process of resetting, she learned her identity was not wrapped up in one company or in what she does. After a three-year sabbatical, she spent a year writing case studies about female entrepreneurs. She later remarried and today the happy couple has four children.

    On today’s podcast, Jessica discusses her journey as an entrepreneur and the art of combining problem solving and solution-finding with the life-giving and redemptive purpose of giving back. She shares how her journey as a mother inspired the idea behind Alltruists and creating kid-friendly volunteer projects at home. She also offers advice on using both your heart and head and how to do good in the world while utilizing business skills and entrepreneurial thinking.

    You can find out more about Jessica Jackley and everything mentioned on today’s show here. Also, you can find Jessica on Twitter @jessicajackley. Get to know our hosts on Instagram @CaitlinCrosby and @AllieBridge. Please be sure to rate, review, and subscribe so that we can stay in Real Good Company!

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