Word: groupsings
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In the U.S., Acción has probably gotten closer to self-sufficiency than any other microlender by using technology and partnerships to boost efficiency. Acción Texas now underwrites loans for 12 different microfinance organizations, a pooling of talent designed to help all the groups more quickly remove their dependence...
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...
People still come to this spot at the end of Lock Three Road, in the swamps along the Louisiana-Mississippi border, where Cynthia Lynch's bloodied body was found beneath shrubs. Her death was an unlikely culmination to a weekend-long Ku Klux Klan initiation ceremony, coming just days after...
She arrived in Slidell on Fri., Nov. 7. It was precisely three days after Barack Obama's election as America's first black President. There had been some nervousness in parts of the country in the months leading up to that milestone. In October, two men had been arrested in...
Lance Hill, executive director of the Southern Institute for Education and Research at Tulane University, in New Orleans, has studied hate group activity for years. He was struck not only by the groups' resurgence, but by its members' youth and apparent embrace of hooded robes - symbols that in recent years...