Word: allowance
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...important for the industry to continue to innovate and evolve. One of the most significant changes has been the move from group to individual lending - an area that Women's World Banking, an international network of microfinance institutions and banks, has helped pioneer. Individual lending is a way to allow micro businesses to start to grow, providing larger, cash-flow based loans than the group might be comfortable counter-guaranteeing. Group lending, where large groups of borrowers are jointly responsible for making sure loans are repaid, is an excellent introduction to finance for micro-entrepreneurs, but the businesses tend...
Although the mainstays will continue to be taught, the department may allow concentrators to take “a suitably broad introduction to culture” as a substitute, according to classics concentrator Veronica R. Koven-Matasy ’10, the department’s junior class representative, who also attended yesterday’s meeting...
...from the secretary general of the U.N. or the executive director of UNICEF,” Lewis said, adding that he hopes former South African president Thabo Mbeki and his health minister are indicted by the International Court of Justice. “There are too many graveyards to allow them to live with impunity,” he said. Although Lewis addressed many aspects of the struggle against AIDS, he said, “The single most important struggle on the planet is the struggle for gender equality.” “Rape is no longer...
...loosening of E.U. restrictions on direct state aid to companies, restrictions established to encourage more-competitive markets in Europe. "We can't have the Americans unlocking $25 billion in loans for their three manufacturers while we would be caught up in a state-assistance regime that does not allow us to help our European automakers," Sarkozy said...
...primarily by Pakistanis, with the backing of noted terrorist organizations acting within Pakistani territory. This is a revelation that will surprise few Indians and provide fresh political capital to others. Already, the Shiv Sena, a Hindu nationalist group based in Mumbai, has openly declared that it won't allow Pakistani artists to perform in the city. Even ordinary civilians are turning hawkish. "We need to tell them that enough is enough," says Sheikh Noor Ahmed, who owns a hotel close to the bombed-out Taj Mahal here in South Mumbai. "Gandhi's days are gone. Gone are the times when...