Kate DeYoe is the Director of the Silicon Valley Microfinance Network, where she produces the network’s programs and is the primary point of contact for new and existing members. Kate is passionate about both domestic and international microfinance. She helped launch Kiva’s Social Performance Initiative and was designated a Certified Social Performance Auditor by CERISE. She helped start up a domestic P2P savings website called Save Together and advised on a new economic empowerment grantmaking strategy for the Full Circle Fund, a venture philanthropy organization. As a member of the organization’s Global Economic Opportunity circle, Kate led a financial literacy/asset building team and conducted a number of capacity building projects with the organization’s grantees. Earlier in her career, she was a business consultant at Deloitte and PwC.
Board of Advisors
Maya Chorengel is the Managing Director of Elevar Equity, a leading microfinance/BoP investor. She has previously served as the Managing Director of Unitus Equity Fund and CEO of the Dignity Fund, a microfinance debt fund. Prior to joining The Dignity Fund, Maya was a Vice President of the private equity firm, Warburg Pincus, working in the firm’s New York, Hong Kong and Menlo Park offices. She was responsible for investments in a variety of companies, from early stage business service ventures and mature consumer packaged goods companies in the US, to manufacturing, service and food companies located in China, South Korea, the Philippines and the US.
Earlier in her career she was an associate in the investment banking division of Morgan Stanley Asia Limited and an analyst at James D. Wolfensohn, Incorporated, a boutique mergers and acquisitions focused investment bank. Maya holds a BA in Social Studies with honors from Harvard University and an MBA from Harvard Business School, where she organized the 1996 International Development Club Conference: Mobilizing Finance for Development.
Sean Foote is the Managing Director of Labrador Ventures and a Professional Faculty Member of the Haas School of Business, University of California-Berkeley. Sean has been a venture capitalist investing in early stage companies since 1998, including cleantech companies Solaicx and Integrated Photovoltaics, SaaS company Green Border (sold to Google), and materials companies Eoplex Technologies and Integrated Materials, Inc. Previously, Sean was a management consultant with Boston Consulting Group and a systems engineer for AT&T Bell Laboratories. He is philanthropically interested in microfinance, serving as a Trustee of Freedom From Hunger, as well as education, as co-founder of Community Promise (“You graduate high school, we’ll pay your California college tuition”). He is Chairman of the Development Council of Entrepreneurs Foundation, a non-profit organization that engages high growth companies in corporate citizenship and philanthropic efforts, and sits on the Advisory Board of Silicon Valley Bank’s Private Client Services.
Sean is on the Professional Faculty of the University of California-Berkeley’s Haas School of Business where he teaches two courses: Venture Capital & Private Equity, one of the most highly sought classes at the school, and Microfinance, which is simulcast to over 30 college campuses around the world, including 13 of the top 20 U.S. MBA programs. Sean received his undergraduate degree in Electrical Engineering from the University of Missouri Rolla (1988), and his MBA from the University of Virginia’s Darden Graduate School of Business (1993), where he received the Shermett Award granted to the top 3% of students. He is a middling singer/songwriter (www.myspace.com/seanfoote) and an avid triathlete and sailor.
Elizabeth Funk is the founder and CEO of the Dignity Fund, an investment vehicle designed to attract investment dollars to finance growth in microfinance. She serves on the Board of Directors of Deutsche Bank’s Global Microfinance Consortium Fund. She was the founding chairman of the board of MicroPlace, an internet-based microfinance investment platform sold in 2006 to eBay. Elizabeth is a co-owner and the chairman of the board of Imperial Parking, a parking services business based in Hong Kong. She also owns a land development and ecological preservation project in Belize. Until 2007 Elizabeth served as the CEO of CML Global Capital, a diversified international investment firm, which was publicly traded until she helped privatize the firm in 2004. She also serves on as Chairman of the Executive Committee of the Peace Action Network, a group of members within Young Presidents’ Organization. She is the founder and forum moderator of the YPO Microcredit Forum. She is also a board member of Glide Economic Development Corporation, Canadian Aspen Properties Ltd., The Hoover Institution at Stanford University and I-Spire PLC, a venture capital firm in London.
Prior to joining CML, Elizabeth was one of the earliest employees of Yahoo! Inc. where she founded the Yahoo! Shopping service. Ms. Funk headed Yahoo!’s shopping and commerce strategy, as well as business development and strategic planning for several Yahoo! businesses including Yahoo! Finance. Prior to Yahoo!, she spent four years at Microsoft Corporation where she served as product manager for Microsoft Word. Elizabeth holds an undergraduate degree in international relations and economics with honors from Stanford University and an MBA from Harvard Business School where she graduated as a Baker Scholar.
Tracey Pettengill Turner
Tracey Turner is the Founder of a web-based microfinance service called MicroPlace, an eBay Company. A recognized social entrepreneur, Tracey is the founder and former CEO of 4charity, a technology company that manages an online marketplace to facilitate donation transactions. Previous to 4charity, she consulted to the Grameen Bank, the world-renowned microfinance institution, executed M&A transactions at Robertson Stephens Investment Bank, and advised Calvert Ventures, the first social venture capital fund. Tracey was most recently the head of Finance and Marketing at ApproTEC, a microenterprise organization that designs and sells tools that enable people to escape poverty. Tracey is currently developing another start-up business that will improve distribution systems to people living in rural villages in the developing world.
Early in her career, Tracey was a strategy consultant for Mercer, and before that she worked at the U.S. Committee for Refugees in Sudan, ten miles from the front lines of the civil war. As a leader in the field of e-philanthropy, Tracey has been a featured speaker in such media as NPR, CNN, the Chronicle of Philanthropy, Wired Magazine, Working Woman, and Business 2.0. Tracey graduated with a BA in Engineering/Economics from Dartmouth College and an MBA from Stanford University.