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That correlates with what Jeffrey Ashe found in the 1990s when he ran a group-lending outfit. Working Capital, which had branches from Burlington, Vt., to Miami, eventually collapsed, but at its height the entrepreneurs were tremendous sources of support to one another, says Ashe. "I'd say that might have been more important than the loans," he recalls. "After they stopped borrowing, a lot of the groups would still meet - to help with bookkeeping, to refer customers to each other." Even if microlending isn't a clear-cut pathway out of poverty - and years of studies have...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

Crimson editors over the decades have made some memorable attempts to capture exam period in newsprint. The op-ed “Beating the System” won the Dana Reed Prize for undergraduate writing in 1951. The Crimson proudly ran it every reading period until 1962, when it irked one maligned and anonymous grader enough to reply with the following...

Author: By A Grader | Title: A Grader’s Reply | 1/11/2009 | See Source »

...This letter first ran on January...

Author: By A Grader | Title: A Grader’s Reply | 1/11/2009 | See Source »

Crimson editors over the decades have made some memorable attempts to capture exam period in newsprint. The following op-ed, “Beating the System,” won the Dana Reed Prize for undergraduate writing in 1951. The Crimson proudly ran it every reading period until 1962, when it irked one maligned and anonymous grader enough to reply...

Author: By Donald Carswell | Title: Beating the System | 1/11/2009 | See Source »

...Donald Carswell ’50 died in March 2005 after a distinguished career at NBC. This op-ed first ran on June...

Author: By Donald Carswell | Title: Beating the System | 1/11/2009 | See Source »

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