Word: xu
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...build the kind of small enterprises that can jump-start more viable local economies. "There is too much entrepreneurial ambition in this country that never sees one peso of encouragement," says Roberto Hernandez, 29, whose metal-window-frames business was financed by the Santa Cruz microbank, which is called Xu Nuu Ndavi, or Poor People's Money in Mixtec...
...something more productive than pickup trucks and wide-screen TVs. "It was time to use that treasure to find ways to bring our families back together," says Mendoza, 40. With help from the Association of Mexican Social Sector Credit Unions (AMUCSS), they pooled $170,000 and set up Xu Nuu Ndavi. One of its first business-starter loans, about $5,000, went to Mendoza's husband Daniel, 45, whose carpentry shop now employs Alberto and two other locals. Their buddy Modesto Ramos, 33, another returned migrant worker, has used his credit to raise and market tomatoes from...
...Xu Nuu Ndavi, whose capitalization today is nearly $1 million, offers loan values at a level beyond typical microcredit operations, which are sometimes criticized as the purview of First World do-gooders helping Third World women market tribal shawls. The handful of institutions like it are the first real banking system most rural Mexicans have ever known. In developed countries there are usually fewer than 2,000 people per bank branch. In Oaxaca the number is 38,000, according to AMUCSS. Mexico's big banks have failed to help. The few large banks that make up Mexico's financial oligopoly...
...Yang explains, her son and three of his friends were arrested by police and charged with the murder of two taxi drivers. After confessing to the crimes, they were swiftly convicted and sentenced to death by a local court in their hometown of Chengde. But Yang's lawyer, Xu Zhiyong, says the confessions were extracted under torture. Xu says this case is one of the most glaring examples of injustice in China, with numerous flaws in the prosecution (the only two pieces of evidence were mysteriously lost) and eyewitness accounts corroborating the men's allegations that their confessions were beaten...
...disarmament, they also said there was a long road ahead, noting two key issues that they said will play a role in North Korea’s future—its relationship with its neighbor south of the 38th parallel and of its role in the world economy. Xu Di of Peking University said international trade could improve North Korea’s economic situation, as it did for her home country. “Although it may be costly, tolerance and patience with North Korea are really key,” said Lau Ngou Ting from the University...