Word: repaid
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...microfinance institutions and banks, has helped pioneer. Individual lending is a way to allow micro businesses to start to grow, providing larger, cash-flow based loans than the group might be comfortable counter-guaranteeing. Group lending, where large groups of borrowers are jointly responsible for making sure loans are repaid, is an excellent introduction to finance for micro-entrepreneurs, but the businesses tend to remain quite small, purely income-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...
...change the name of the place from the Little Mango Bakery to the far more compelling Joel and Freddy's Extreme Cupcakery. I thought the bakery should switch its focus from empanadas and breadsticks to extreme cupcakes, for which we would charge $4 apiece. I would have my loan repaid in five cupcakes, assuming generous tipping...
...Republicans, Democrats did take some of their concerns into account - including demands for long-term financial plans from loan recipients, increased oversight and taxpayer protections. But for most Republicans the moves don't go far enough. The GOP is asking for assurances that the taxpayers will be repaid - like the assurances given by the banking industry - and for a commission to ensure that the money is spent wisely, especially since all three companies are already so deep in debt (GM alone owes $48 billion). To that end, the GOP wants a change in leadership at all three companies. "I have...
...Miriam Makeba, who died Nov. 10 at 76. The first African woman to win a Grammy, Makeba, known affectionately as "Mama Africa," traveled to New York City in 1963. She appeared before the U.N.'s special committee on apartheid to plead for intervention in South Africa. Her nation repaid Makeba by exiling her until 1990, when President Nelson Mandela personally asked her to return...
...government should provide the $700 billion as loans to companies that want it - which would have to be repaid with interest to the Treasury. To qualify for such a loan, the receiving company should be barred from granting executive bonuses or paying dividends to investors until the loan (and interest) is repaid. This would infuse the needed money into the system and free up credit markets. But in the long run, it would cost taxpayers nothing. Robert P. Hebbel, North Oaks, Minnesota...