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Premal Shah believes your last name doesn't need to be Gates or Rockefeller in order to make a real dent in global poverty. After leaving his job as a Principal Product Manager at PayPal, it has taken Premal less then a year to make good on Kiva's pledge that all it takes to become a micro lender is a credit card and access to a computer. Raising money "Howard Dean Style" from over 13,000 online lenders, Kiva has provided more than a million dollars in low-cost working capital to small-scale entrepreneurs in less developed countries from Bulgaria to Uganda. As President, Premal leads Kiva.org's efforts to scale its partnerships and member base.
During his 6-year career at PayPal, Premal drove a number of key initiatives including a yearlong project defining eBay's role in economically empowering the global working poor. A number of corporate initiatives have come out of this effort, including PayPal's support of Kiva.org. Prior to PayPal, Premal was a strategy consultant at Mercer Management Consulting in New York. Premal has had a long-standing interest in microfinance. In 1997, he was awarded a grant from Stanford University to research microfinance in Gujarat, India. More recently Premal co-founded the Silicon Valley Microfinance Network and spent 2 months in India working to refine / validate Kiva.org's model. In 2006, Premal was a featured speaker at the Clinton Global Initiative and Global Microcredit Summit. Premal graduated with a B.A. in Economics from Stanford University.
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