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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...

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

...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...

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

...NAMI-New York City, after reading the 2006 mortality report, health workers held focus groups to assess their patients' health concerns. There were many - foremost among them, the simple desire to feel deserving of good health. "The most shocking thing was that people really wanted to be healthy but there was a disconnect," says program associate Katie Linn, who ran the focus groups. "A lot of it came down to self-worth - they didn't feel like they were worthy of taking care of themselves...

Author: /time Magazine | Title: Why Do the Mentally Ill Die Younger? | 12/3/2008 | See Source »

Harvard students aren’t really known for dancing. And dancers aren’t really known for physics. Except for one: Merritt A. Moore ’10. This year, Moore took a year off from Einstein and relativity to focus on a different kind of motion: ballet. Currently on the Swiss stage with the Zurich Ballet Company, the physics concentrator began dancing at the age of 13 in Southern California. She practiced ballet throughout high school and performed with the Harvard Ballet Company on campus. Moore’s partner in many HBC dances has been Kevin...

Author: By Li S. Zhou, CONTRIBUTING WRITER | Title: Center Stage in Switzerland | 12/3/2008 | See Source »

...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...

Author: /time Magazine | Title: Will Mumbai Chill the India-Pakistan Thaw? | 12/2/2008 | See Source »

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