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Iskenderian: The trend that is most shaping the industry today is undoubtedly commercialization, as microfinance is increasingly seen as a distinct asset class and a profitable business opportunity. The numbers are truly staggering. In 2006, over $2 billion in commercial capital poured into the microfinance industry. In 2007, this investment was over $3 billion. At the same time, MFIs themselves are increasingly transforming from non-profit organizations to regulated, for-profit institutions. They are doing so even as many microfinance institutions still rely on a guy keeping a big book with a ledger rather than a computer system. But there...

Author: /time Magazine | Title: Microfinance Still Hums, Despite Global Financial Crisis | 12/3/2008 | See Source »

...Terriers may bring another supplement to the derby to boost the team—its fans. Amaker hopes the Crimson’s own supporters can render the visiting faithful a moot point.“We need a great environment, we need our arena to be a distinct home court advantage for us,” he said. “They’re right down the road, they’ve had a successful program, and they’re picked to win their conference this year. They’re a very strong team and have...

Author: By Ted Kirby, CRIMSON STAFF WRITER | Title: Harvard Ready to Take Down the Terriers | 12/2/2008 | See Source »

There is a rational concern behind these irrational, defensive reactions to these cases of mistaken identity. I suspect what really frightens people is the perception of stereotyping—the failure to recognize the distinct phenotypes and personalities of two people of the same race. This instinct is an admirable one. But it seems dangerous to conflate the two problems: the lack of an attuned eye with the lack of character discernment and open-mindedness. One flaw is innocuous; the other is absolutely...

Author: By Anita J Joseph | Title: What’s in a Wrong Name? | 11/30/2008 | See Source »

...ground for GSD students, said Huyck. The architects-in-training met with a panel of Allston developers to learn how to incorporate community’s needs into their plans. The students also spoke with several undergraduates about House life in the context of a residential system with a distinct philosophy that dates back to President A. Lawrence Lowell, Class of 1877.According to Levi, Lowell conceived of the current housing system in response to the economic stratification in College housing in the early 20th century.Lowell’s vision challenged “the Gold Coast clubs that were...

Author: By Charles J. Wells and Courtney P Yadoo, CRIMSON STAFF WRITERS | Title: Students Plan House Renewals in GSD Studio Course | 11/24/2008 | See Source »

...Quakers established some of the earliest independent schools in America: Philadelphia's William Penn Charter School was founded in 1689, New York's Friends Seminary in 1786, Sidwell in 1883 (when it was called the Friends' Select School). From the start, Quaker schools aimed to instill the distinct values of the faith, particularly that the "inner light" inside each person can guide them to divine truth. The early Quakers had no creed to teach or sacrament to unite and distinguish the congregation. Instead they taught a way of life, deeply democratic, severe and simple, that could be sustained only through...

Author: /time Magazine | Title: Why Sasha and Malia Will Go to Sidwell Friends | 11/22/2008 | See Source »

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