Word: littlefields
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...Robert Littlefield PROVINCETOWN, MASS...
...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...
...banks that might serve the poor. Citigroup, ABN Amro and HSBC, for example, have pumped a combined $200 million into microfinance groups that offer saving accounts, insurance and mutual funds. This influx of capital is "preventing the creation of a sustainable, savings-based financial system in poor countries," says Littlefield. Microlenders counter that the costs of starting a bank are so high that without them, the poor would have no alternative. "To build a bank in Africa, you need $5 million to start, and then another $3 million in minimum equity capital," says Chris Crane, CEO of Opportunity International...
...highest ratings since the pilot. Good news for the passionate core of believers at NBC who are trying to keep the series from going the way of dozens of less praiseworthy shows. "It takes enough people shouting that this is a wonderful show," says former NBC Entertainment President Warren Littlefield, who is now producing under his own banner. Maybe in Burbank, as in Dillon, cheerleading is just what Friday Night Lights needs to score a touchdown among female viewers...
...opponents. We suffered a great loss of life and property on 9/11, but the attackers damage us far more by inciting us to compromise our standards to match theirs. The bill is not an act of courage, strength and resolve. It is an act of fear and desperation. Craig Littlefield Tucson, Arizona, U.S. The Right Force for Darfur Peter Beinart's essay "How to save Darfur" [Oct. 2] addressed the moral concerns reasonable human beings in the free world have toward what is happening in Darfur. A military force might easily be able to invade Darfur territory after destroying Sudan...