Solidarity lending

for defaults beyond a person’s control and peer pressure to undertake excessively risk-adverse activities (Todaro & Smith, 2011). Group lending ignores the fact that group members must spend time to assess each other projects along with the fact that group members may live far-off from each other (Hermes & Lensink, 2007). The peer pressure aspect of group lending has led to sanctions being implemented on potential or actual defaulters, they were not just economic but were also social discriminating

NEED OF THE STUDY Women-owned enterprises contribute 3.09 percent of industrial output and employ over 8 million people. Approximately, 78 percent of women enterprises belong to the services sector. Women entrepreneurship is largely skewed towards smaller sized firms, as almost 98 percent of women-owned businesses are micro-enterprises. As with the broader MSME sector, access to formal finance is a key barrier to the growth of women-owned businesses, leading to over 90 percent of finance requirements

In terms of Models, MFIs can be classified as lenders to groups or as lenders to individuals. In India, MFIs usually adopt the group based lending models, which are of two types: (i) The self-help group (SHG) model and (ii) (ii) The joint liability group (JLG) model. Under the SHG model, MFI lends the loans to a group of 10 - 20 women as a whole. Under the SHG - bank linkage model, an NGO promotes a group and gets banks to extend loans to the group. Under the joint liability models, loans are extended

Chairman Dennis “Chip” Wilson founded Lululemon Athletica Inc. in 1998. The Vancouver, Canada based Lululemon Athletica Inc. designs and sells yoga apparel under the Lululemon Athletica and Ivivva Athletica brands, to the trendy athletic consumer. They operate in 250 companies owned store in North America alone in 2015, they also have stores in Australia and New Zealand. Lululemon has 8,628 people employed as of 2015. Their primary design apparel for women that like to run, do yoga or dance, the

collapse of the housing market. The housing bubble spurred by ill-advised loans to individuals who could not afford a mortgage, complicated contracts which had interest rates and payments changing without reason, and the mass purchasing of bad loans by lending superpowers, had popped. The rapid increase in the value of homes across the country for the previous decade, had been a falsity, in which billions of dollars funded by investments and home purchases were lost within a few months (Wikipedia.org: United

"Life is all right in America", "If you're all white in America" --- From the song "America", a well-known song from the musical West Side Story. The birth of Franklin Delano Roosevelt’s New Deal opened new opportunities to Americans who had suffered through the long Great Depression

1.  What are the two ways Countrywide – or any mortgage lender - made money?   In the beginning, Countrywide started making money by offering people mortgages that had very low rates. That didn’t make them #1 in the industry and when Angelo Mozilo became the only owner and the CEO of Countrywide, he decided to enter the risky-mortgages business so that he has the biggest share in the industry. This is how Countrywide started making the big money. Angelo’s theory was that all people should have

Testimony of Dr. Alan Greenspan Committee of Government Oversight and Reform October 23, 2008 Word Count: 1,133 Mr. Chairman and Members of the Committee: Thank you for this opportunity to testify before you this morning. We are in the midst of a once-in-a century credit tsunami. Central banks and governments are being required to take unprecedented measures. You, importantly, represent those on whose behalf economic policy is made, those who are feeling the brunt of the crisis in their workplaces

On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619 billion in debt, Lehman 's bankruptcy filing was the largest in history, as its assets far surpassed those of previous bankrupt giants such as WorldCom and Enron. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide. Lehman 's demise also made it the largest victim, of the U.S. subprime mortgage-induced financial crisis that swept through global

Class notes from April 14, 2011 This presents three different sample outlines for the Preliminary Research Report, using different research topics. I have edited the outlines somewhat, mostly by re-arranging ideas into the appropriate section (for example, moving some questions out of III and moving them into III or vice versa). After the examples I present a brief review of style/voice—in other words, how to write up your information in each section, by demonstrating how you might begin each