Word: amanas
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...pressure to turn a profit often forces microfinanciers to change their business models in ways that depart from the industry's original purposes. As Al Amana, Morocco's largest outfit, has shifted from grants to commercial funding, its average loan size has roughly tripled; smaller loans to the most desperate borrowers are costlier to service. One consequence of commercialization is that a lower percentage of loans go to women because they tend to take out smaller sums, according to a recent study by Women's World Banking...
...nearly every religious and political persuasion. Five years ago, there were just 78 funds to choose from; now there are 222. For Catholics, there's the Ave Maria Catholic Values Fund, which invests in keeping with Vatican teachings on abortion, marriage and other issues. For Muslims, there's the Amana Growth Fund, which invests in firms that aren't involved in gambling, alcohol and other businesses considered out of step with Islamic principles. So far this year, it has posted an impressive 24.22% return. And for the environmentally minded, there's the Winslow Green Growth Fund, which posted a solid...
...term means any food cooked in America today." Weimer explains the nationwide surge in gastronomic interest this way: "The '50s represented a low point in American cooking. Mothers were more interested in seeing that children got cotillion lessons than in busying themselves all day in front of the Amana range. This new generation went to Europe and Asia, where they tasted real food. When they came back to the U.S., they came back hungry...
...headquarters tends to get all the bells and whistles. In kitchen appliances, overkill isn't over. The trend toward commercial stoves and refrigerators, such as those by Viking and Wolf and Sub-Zero, has been reinforced by the shift of such traditional makers as Whirlpool, Maytag, GE and Amana into professional-quality gear and by a changed appearance in the everyday American kitchen. "Everyone is striving for a commercial look," says Tommy Genussa, president of TAG Homes Inc. in New Orleans. "That means stainless-steel appliances. Even in modest homes, the movement is toward as much stainless steel as possible...
BUSH Tractors and hay bales in Amana, Iowa...