We're proud to share some exciting news: the Jump Finance team won the @National Peace Corps Association’s Innovation for Good pitch contest! Hear from our cofounder, John William, about what the prize means for us, and for him personally as a former Peace Corps volunteer.
As a Peace Corps Volunteer in Peru, I formed a youth group named JUMP, which stood for “Jóvenes Unidos Motivados por el Progreso” (Young People United and Motivated for Progress). Throughout my two years, the group traveled across Peru, giving preventative healthcare presentations and serving as community leaders.
In the years since completing my service, I’ve watched as some of my most promising students faced financial hardships that stopped them from completing their post-secondary educations.
The goal of Jump Finance is to open up a credit market for these (and millions of other) students in the developing world - to give them the financing, mentorship, and resources they need to unlock their full potential.
Less than a month ago, Jump was nothing more than a loose collective of teachers and entrepreneurs scattered around the world, a handful of Google docs, and a dream. On January 15th, we took a big step towards making it real.
In addition to winning a $2500 grant that will help fund our initial cohort of Jump loans, John William also received office space and other services to build the company.
We can’t wait to share more news as we move forward. Congrats to the other finalists!