Investing in Microfinance
Solutions for the Everyday Investor
Our next SVMN meeting will be on Monday, November 5th and will feature Tracey Pettengill Turner & Karl Wiley of MicroPlace, an eBay company, and Shari Berenbach, Executive Director of The Calvert Foundation, a leader in socially responsible investing.
In the past microfinance investing has typically been the domain of foundations & high net-worth individuals. With the launch of eBay’s new MicroPlace.com, it’s possible for anyone to invest wisely, earn a social return AND end poverty… even with just $100, you really can do it all. Come learn how to invest in microfinance institutions around the world from Kenya to Cambodia to Ecuador.
|Tracey Pettengil Turner||Shari Berenbach||Karl Wiley|
To register, please click on the SVMN registration link here:
(more info below)
When: Monday, November 5th, 2007
6:00-6:30pm: Registration, Dinner & Networking
6:30-8:00pm: Speaker & Discussion
8:00-8:30pm: Networking & Wrapup
Where: auditorium on first floor below Omidyar Network offices
Redwood City, CA 94063
in advance: $20 regular attendee | $10 students & non-profits (w/ ID)
at the door: $25 regular attendee | $15 students & non-profits (w/ ID)
(includes dinner + drinks; there is no “non-dinner” option… so eat up!)
Tracey is an experienced social entrepreneur committed to finding market-based solutions to global poverty. She is a seasoned business executive who has been involved in international development, social investing and philanthropy for more than 15 years. Prior to founding MicroPlace, Tracey was CFO of KickStart, an organization that designs and sells products focused on poverty alleviation. In 1998, she started her first company, 4charity, a web-based marketplace for charitable giving, and served as its CEO. Earlier in her career, Tracey held a variety of positions with socially responsible firms including the Grameen Bank in Bangladesh, Calvert Ventures and the World Bank. Tracey has received several leadership awards including 2000 Top 25 Women of the Web Award, San Francisco Business Times Leadership Award and a Working Woman Magazine Entrepreneurship Award.
Tracey holds a degree in engineering and economics from Dartmouth College and an MBA from Stanford Business School. Outside MicroPlace, Tracey plays left wing on her soccer team, trains for Ironman triathlons and snowshoes in Lake Tahoe with her husband.
Karl is responsible for running all aspects of MicroPlace’s business and operations. Karl brings over 12 years of experience in e-commerce and international development to the team. Before joining MicroPlace, Karl held senior positions in marketing and business development at eBay, most recently serving as Sr. Director of eBay’s $5.7 billion technology and media categories. Prior to eBay, Karl was the Vice President of International Operations for online marketplace Alibris, a Business Development Manager at Lycos, and a Manager in the Emerging Markets consulting practice of Deloitte & Touche.
Karl holds a bachelor’s degree from Duke University, a master’s degree in international affairs from George Washington University, and an MBA from Harvard Business School. Outside of work, Karl enjoys spending time with his family, traveling the world and creating culinary masterpieces in his kitchen.
Shari Berenbach joined Calvert Foundation as Executive Director in 1997. With over 20 years of experience ranging from microcredit to international business, Shari brings leadership and knowledge to the field of social investment. At Calvert Foundation, Shari has developed innovative financial instruments and partnerships critical to creating a level of transparency and discipline that engender consistent performance, investor confidence and broad market participation in the community investment marketplace.
Prior to Calvert, Shari led finance projects for the International Finance Corporation in Central America and the Caribbean, where she brought over $250 million to the banking, power, telecommunications, tourism and agribusiness. Shari began her professional career as an Officer of the National Cooperative Bank, where she was responsible for technical services to US production cooperatives. She later served as Program Director for Partnership for Productivity International. Shari has also held private-sector positions at Citibank, Salomon Brothers and a start-up international telecommunications company, Radio Movil Digital.
Shari has published several articles including a 1997 study on banking regulation for microfinance institutions worldwide and a 1991 paper on solidarity group lending methods. Shari serves on the boards of Community Wealth Ventures, MMA Community Development Investments and the Neighborhood Funders’ Group. She has previously served on the boards of the Social Investment Forum and the Association of Enterprise Opportunity.
Shari has an MBA in Finance from Columbia Business School and an MA in Latin American Studies from the University of California, Los Angeles. She received her undergraduate degree in Political Science from the University of California, Berkeley. Shari lives in Bethesda, MD with her husband Jim and daughter Moriah.