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...materials, the look and touch of dashboard knobs, the sound a door makes, the feel of seats. Craftsmanship is the new point of difference. "The Japanese have figured out, How do we reduce friction?" notes Gidwani. "Now they are going to have to catch them in a new area...
...played a part in this transformation. But as I said before, to take full advantage of microfinance's potential, it is also important for the industry to continue to innovate and evolve. One of the most significant changes has been the move from group to individual lending - an area that Women's World Banking, an international network of 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...
...said. “We live in an interrelated world. We know today that investing in health is the best way to create prosperity and security for everyone.” All three panelists noted the economic benefits that come with increased efforts in the area of global health. “The rate of return on vaccinations is at least as high as benefits of education,” Bloom said. Venkayya also spoke about going beyond throwing money at the problem. “Buying vaccines and medicines will only get you so far. Other things require...
...Cambridge yesterday, the Harvard-area Chabad House held a candlelight vigil for Rabbi Gavriel and Rivka Holtzberg, the American-Israeli couple that ran the Nariman House, Chabad’s Mumbai outpost. The young couple had moved to Mumbai to help spread the Chabad movement, which encourages young Jews to become more religiously observant. According to news reports, despite being a focal point of Jewish life in Mumbai, Nariman House is in a hard-to-find neighborhood, which many of its own guests have trouble locating. Yet the terrorists who arrived at the Nariman House did not stumble upon...
...students' hands. Or rather, in their friends' and families' hands. The site is akin to Facebook in that it lets students create a profile and send out invitations asking for sponsors to pledge whatever they please for each A - $1, $2 or more. Sponsors can also donate by subject area, giving money to students who ace, say, organic chemistry or film studies. For example, ZooToo.com, a website for pet enthusiasts, is GradeFund's first corporate sponsor, pledging $15 to the first 100 students each semester who submit proof that they have earned an A in veterinary medicine...