In his address, President Obama said “Students like Will Kim from Fremont, California, who launched a non-profit that gives loans to students from low income schools who want to start their own business.” Kim is the founder of Happy Day Microfunds, a website with a goal of helping student entrepreneurs. He says the idea came from a practice SAT reading section on microfunds. YAY FREMONT! AND YAY MSJ! lol :p