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...Bolivia, for instance, the attractive returns in microfinance have saturated the market with new consumer-credit providers that operate without strict controls. "Screening processes are much less careful, and people can find themselves drowning in debt," says Elizabeth Littlefield, director of the World Bank's Consultative Group to Assist the Poor. Microfinance investors, however, argue that the market isn't saturated enough. More lenders would bring down the interest rates that investors often must charge to cover costs--which are sometimes as high as 60%. "Scaling up will bring lower costs for all borrowers," says Geoff Davis...

Author: /time Magazine | Title: Microfinance: Lending a hand | 4/5/2007 | See Source »

...that "inner nurturer"? Turns out her problems can't be solved with a daily affirmation. While women are more likely to care for dependents, why they do so is less important than the financial consequences, says Elizabeth Warren, a Harvard law professor specializing in bankruptcy law. "I don't know what the dynamic is," Warren says. "The point is, they take it on and do it." And as a result, single women with children are three times as likely to file for bankruptcy as single women without children. It's not too hard to figure out that the high cost...

Author: /time Magazine | Title: Lay Off, Suze Orman! | 4/5/2007 | See Source »

...singles matches.The lone singles win for the Crimson came from No. 1 sophomore Beier Ko, who fought back to win a tough three-setter over Katrina Zheltova, 4-6, 6-2, 7-5. Ko also teamed with Litvak to win at No. 1 doubles.Senior captain Preethi Mukundan and freshman Elizabeth Brook sealed the doubles point for the Crimson with an 8-3 victory at No. 2. In singles action, Litvak, playing at No. 2, fell to Anastassia Lyssenko, 2-6, 6-4, 6-2, and Mukundan dropped a three-setter in the No. 3 spot...

Author: By Alexandra J. Mihalek, CONTRIBUTING WRITER | Title: Trip to California Produces One Win | 4/2/2007 | See Source »

Harvard’s No. 2 doubles team of Preethi Mukundan and Elizabeth Brook started the day off right, winning its match against the Aggies’ Anita Athavale and Emma Shapiro, 8-2. Beier Ko and Lena Litvak at No. 1 doubles soon followed Mukundan and Brook’s example, picking up an 8-6 win over Jenna Kappel and Herzyl Legaspi and clinching the doubles point...

Author: By Alexandra J. Mihalek, CONTRIBUTING WRITER | Title: Women's Tennis Sails Past Aggies | 3/30/2007 | See Source »

...There are other interesting developments in the poll. John Edwards has surged among Democrats since he announced that his wife Elizabeth's cancer had recurred. In a three-way matchup, Clinton polls 38% among registered Democrats, versus 30% for Obama and 26% for Edwards. Edwards received just 17% in mid-March...

Author: /time Magazine | Title: Poll: A Surprising G.O.P. Edge for '08 | 3/29/2007 | See Source »

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