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Premal Shah

Co-Founder & President, Kiva

Skoll Awardee

Biography

Premal helps lead Kiva.org —a crowdfunding website that connects people through lending to alleviate poverty. Since 2005, over 1 million people crowdfunded $950M in loans to millions of underserved entrepreneurs in 90 countries — with a 97% repayment rate. The site has been named as one of Oprah's Favorite Things and a Top 50 Website by TIME Magazine. Premal's inspiration came while volunteering in India while on leave from PayPal, where he had been an early employee. Premal began his career as a management consultant and graduated from Stanford University. He’s passionate about making it easier for anyone to discover their own power to make real impact. He serves on the Board of VolunteerMatch.org & Watsi.org — a crowdfunding for developing world health care site. For his work as a social entrepreneur, Premal was named a Young Global Leader by the World Economic Forum and selected to FORTUNE magazine’s “Top 40 under 40″ list.