Word: classing
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Iskenderian: The trend that is most shaping the industry today is undoubtedly commercialization, as microfinance is increasingly seen as a distinct asset class and a profitable business opportunity. The numbers are truly staggering. In 2006, over $2 billion in commercial capital poured into the microfinance industry. In 2007, this investment was over $3 billion. At the same time, MFIs themselves are increasingly transforming from non-profit organizations to regulated, for-profit institutions. They are doing so even as many microfinance institutions still rely on a guy keeping a big book with a ledger rather than a computer system. But there...
...that they had flown their "luxurious" aircraft to Washington to beg for $25 billion in loans to keep their companies afloat. Official Washington was outraged at the extravagance. Columnists and comics were ever so grateful for the gift. "I mean, couldn't you all have downgraded to first class or jet-pooled or something to get here?'' whined Representative Gary Ackerman of New York...
Based on the participants' responses, NAMI created a program called Six Weeks to Wellness, a weekly class that teaches everything from proper nutrition to controlling anxiety through yoga and meditation. "It's been wildly popular," says Linn. "It helps to say, 'Your health is important to us.' They've never heard that before...
...father was a refugee from the Russian Revolution. He came to the United States in 1919 and he actually went to Harvard College and graduated in the class of ’21. He wanted to become an American. He wanted his son to be an American citizen fully, in a way that he couldn’t quite be. I’m sure that he thought it was important that I should make good contacts with the establishment—particularly the moneyed in the establishment—so that I could make my way in an easy...
...resident had returned to her suite after class around 4:00 p.m. but said that the break-in could have occurred any time during...