Word: loaning
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...solution if our end goal is long-term poverty alleviation, which is why we in the industry no longer talk about microcredit, but microfinance. Many entrepreneurs in the developing world are only one seemingly minor catastrophe - like a hospital stay - away from financial disaster, so housing loans and insurance and savings products help create and preserve assets, leading to broader benefits for the economy as a whole. I can't tell you how many times I've heard women clients in our network ask, "Why can't I save for my child's education, instead of taking out another loan...
...immediate temporary Federal loan in the amount of up to $4 billion in the month of December 2008 ... GM would look to draw up to an additional $4 billion in January to fund operating losses caused by very low levels of North American production ... If industry conditions do not improve materially, GM would access another $2 billion ... bringing the total draw to as much as $10 billion by the end of the first quarter...
...Antonietti vented to a friend, who told her story to Columbia Business School student and entrepreneur Michael Kopko. Eight months later, Kopko has launched a website he hopes can help college and graduate students who are feeling the loan crunch as well as kids as young as middle schoolers. On GradeFund.com, students can upload their transcripts each semester and earn money for every A. More than 750 students have signed up since the site went live Nov. 15, and the number is growing fast. (See pictures of the evolution of the college dorm...
...down production at several plants. Peugeot is expected to present a plan Tuesday to cut 2,700 jobs. In Germany, Chancellor Angela Merkel has been more cautious in response to the crisis, and warned against precipitate state intervention. Still, Berlin is expected to approve up to $1.26 billion in loan guarantees for Opel if parent company GM goes under...
...films, Li considers the most important to be Hero, Fearless and 2005's Danny the Dog, in which he plays a senseless brute, trained to savage anyone running foul of his loan-shark master. "Everything I want to say is in those three movies," he declares. "The message of Hero is that your personal suffering is not as important as the suffering of your country. The point of Danny the Dog is that violence is not a solution. Fearless is actually about personal growth - about a guy who decides that in the end his greatest enemy is himself...