Word: focused
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Dates: during 2000-2009
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Iskenderian: Continuing to raise global awareness of microfinance as a viable way to invest in poor women entrepreneurs and fight poverty around the world is our overarching goal. And the focus on women is really key not only for economic empowerment and empowerment reasons, but also because of the multiplier effect on economies and communities, since women reinvest their profits back into their communities at greater rates than men. One of the products we're developing that I'm most excited about is a pilot program for savings targeting young women and adolescent girls that we're working on with...
...generating activities that rarely grow to scale. Like group lending, the individual lending methodology does not require the borrower to have collateral since the MFI's lending decision is based on the household's capacity to pay. Marketing is another relatively new area that has not traditionally been a focus of the microfinance industry. Yet as MFIs increasingly move beyond credit to offer insurance and savings products so that women can save to pay their children's school fees and invest in healthcare for their families, and as the industry becomes increasingly competitive, understanding customer behavior is becoming more important...
...stories in this issue, a special supplement to TIME, is about the current trend in no-frills dining. Major chefs like Jol Robuchon of L'Atelier and David Chang of the Momofuku empire are forgoing the usual dining-room luxuries like linen tablecloths, flowers and bread baskets to focus instead on great food and even greater prices. Some of these forward-thinking chefs are going so far as to forfeit waiters too, choosing to serve the food themselves. Needless to say, their establishments are packed. And customers are more than willing to wait...
...first focus has to be the impact area where the expansion is taking place,” said Ray Mellone, who chairs the task force...
...evidence may lead to a sticky situation for the U.S., which is desperately trying to focus Pakistan's government on combating resurgent militants along its inflamed border with Afghanistan. In the run-up to his presidential campaign, President-elect Barack Obama claimed he would be willing to unilaterally launch targeted strikes against terrorist camps operating within Pakistani territory - a lesson not lost on Indians eyeing the bases of groups like LeT, which allegedly trained the Mumbai attackers. "There has been an international legitimization of such a strike in Pakistan," says Dipankar Banerjee, director of the Delhi-based Institute for Peace...