Microfinance initiatives are very high-touch models. The loan officer meets with local groups of borrowers every week, they share tips and techniques. There's a lot of training and learning that goes on, which adds to the cost of the model. — Pierre Omidyar Copy Share Image
eBay's business is based on enabling someone to do business with another person, and to do that, they first have to develop some measure… — Pierre Omidyar Copy Share Image
If you give people the opportunity to do the right thing, you'll rarely be disappointed. — Pierre Omidyar Copy Share Image
A well-functioning microfinance bank can actually be a profitable business as well. So it became a perfect proof point that, through business, you can… — Pierre Omidyar Copy Share Image
You should pursue your passion. If you're passionate about something and you work hard, then I think you'll be successful. If you start a business because you think you're going to make a lot of money at it, then you probably won't be successful, because that's the wrong reason to start a business. You have to really believe in what… — Pierre Omidyar Copy Share
In terms of my belief that one individual can make a difference - that belief comes from my parents. — Pierre Omidyar Copy Share Image
Microloans enable the poor to lift themselves out of poverty through entrepreneurship. — Pierre Omidyar Copy Share Image
You have to really believe in what you're doing, be passionate enough about it so that you will put in the hours and hard… — Pierre Omidyar Copy Share Image
People were doing business with one another through the Internet already, through bulletin boards. But on the Web, we could make it interactive, we… — Pierre Omidyar Copy Share Image
I was raised with the notion that you can do pretty much do anything you want. I always kind of just went ahead and… — Pierre Omidyar Copy Share Image
