Tuesday, June 18 2013 10:20 PM EDT2013-06-19 02:20:32 GMT
From LSU SportsOMAHA, Neb. – North Carolina pitcher Trent Thornton limited top-ranked LSU to two runs over seven innings and a comeback bid came up short as the Tar Heels eliminated the Tigers from theMore >>
North Carolina pitcher Trent Thornton limited top-ranked LSU to two runs over seven innings and a comeback bid came up short as the Tar Heels eliminated the Tigers from the CWS, 4-2.More >>
Tuesday, June 18 2013 11:53 PM EDT2013-06-19 03:53:10 GMT
The program to reduce crime in East Baton Rouge Parish is set to take on another zip code racked with trouble. Almost one year after the Baton Rouge Area Violence Elimination project, or B.R.A.V.E. enforcementMore >>
The program to reduce crime in East Baton Rouge Parish is set to take on another zip code racked with trouble.More >>
Tuesday, June 18 2013 5:12 PM EDT2013-06-18 21:12:52 GMT
A 13-year-old boy was arrested and charged with second degree murder after his 5-year-old sister died Sunday. Jefferson Parish Sheriff's Detectives say the boy admitted to practicing "WWE" moves on theMore >>
A 13-year-old boy was arrested and charged with second degree murder after his 5-year-old sister died Sunday. Jefferson Parish Sheriff's Detectives say the boy admitted to practicing "WWE" moves on the girl, even after she told him that she was in pain.More >>
Tuesday, June 18 2013 8:11 PM EDT2013-06-19 00:11:57 GMT
(RNN) – Rapper Lil' Wayne is attempting to stomp his way out of controversy after a clip of him walking on the American flag went viral over the weekend. A behind-the-scenes clip of the music video GodMore >>
Rapper Lil' Wayne is getting attention for a viral video some are calling unpatriotic.More >>
By Kristian Schooler | LSU Student
Stories are a big deal for Jessica Jackley, founder of Kiva.org, a micro-lending web site. She enlightens others about her journey creating a successful digital loan business based primarily on hearing the personal accounts of others.
Jackley, who talked recently at the LSU Union Theater, said she believes stories have the power to shape what people think possible for their lives, the lives of others and the possibilities of creating together.
She founded Kiva.org, which allows lenders to view profiles of potential borrowers and to make loans of $25 or more to those they find most appealing.
Kiva is the world's first person-to-person micro lending website, according to LSU Student Activities Board (SAB). Lenders will get all of their money back, if the borrower makes a high enough profit margin on his or her venture.
Repayment rate for loans is more than 98 percent, says Jackley, adding that some $300 million has been loaned to date in more than 200 countries.
With this website, one can choose to help someone across the globe with a business start-up or keep up with the venture.
The first Kiva loans, totaling $3,500, were made in April 2005. The original entrepreneurs became known as the "Dream Team," repaying their loans within five months.
Jackley encouraged her LSU audience to think "selfishly" and to take her words and mistakes and incorporate them into our own stories.
Social entrepreneurship is about creating value for many and making something that other people can appreciate, need or want, she explained, saying it is "about making tomorrow better than today."
Jackley went on to describe three lessons that helped guide her: Know your mission, co-create with others and find resources that fit needs. "There are resources out there that empower,"
By providing a loan, she notes, one slowly receives money back, which could give one more of an incentive to pay attention and listen to the story that comes along with that loan. Loans empower the lender and borrower to be equally important, Jackley said. "It is an exchange that is about dignity, respect and equality."
Jackley is currently a Visiting Practitioner at Stanford's Center for Philanthropy and Civil Society.