 | Economic Development Loans Expected to Generate New Jobs The Development Financial Advisory Council of Ohio has recommended more than $16 million to support economic development projects in the state of Ohio. In total, the seven projects are expected to create 318 positions and retain 528 jobs. Lt. Governor Lee Fisher claims, "Supporting long-time Ohio companies as well as up-and-coming business owners is crucial to furthering economic development for these communities, as well as our state." General Aluminum Manufacturing Company (GMAC) leads the group of loan recipients in expected job creation by hoping to create 200 positions within the first three years of its more than $6.4 million project. Boxicom, Inc., which does business as 3X Systems received a $1.35 million investment and is expected to create 45 jobs and Ohio Basic Minerals hopes to create 30 new full-time jobs with its $5.2 million project. Other companies receiving money include Brilex Industries, Inc., Plating Technology, Inc., Gabriel Performance Products, Inc., and Ricerca Biosciences, LLC. http://www.EmploymentCrossing.com |
 | Tetangga - Who Is Your Neighbour? Who is a neighbour to the person treated unjustly? The one who has mercy on them. Shown at Tetangga - Connecting Countries, Communities, Clients, a series of events hosted by Opportunity International Australia in May 2008, this video shows the impact we can have on the lives of our neighbours in need. Visit www.opportunity.org.au for more information. This DVD was made possible by the in part pro-bono contribution of Karbon and singer songwriter Julie Cowdroy. We thank them for partnering with us. |
 | Vietnamese Pride Duy-Loan Le part 1 Recipient of the 2007 Women of Vision for Leadership. Born in Saigon, South Vietnam, in 1962, she fled to the U.S. with no father and a family of nine in 1975, eventually settling in Houston. Although Le knew no English on her arrival, she mastered the language fast enough to graduate from Alief Hastings High School at 16 as Valedictorian of her class of 335 students. In 1976, she received her first recognition in the US as 'Citizen of the Month' from Kiwanis International Club. In 1981, Houston Chronicle featured her as 'Scholastic Wonder', and Duy-Loan also received commendation from The Office of The Ambassador of The Royal Netherlands for her scholastic achievement and her humanitarian effort in fund raising to aid the Vietnamese refugees. She participates in numerous charity and fund raising projects for colleges, orphanages, and charity foundations. Duy-Loan serves on the Board of two non-profit organizations which promote education and support social economic development projects in the third world. Duy-Loan has worked to advance education and learning conditions in Vietnam. She believes that by doing so, the environment for learning will produce more students who will be able to improve the overall state of Vietnam. She recently achieved her longtime dream of bringing soundly-built school facilities to rural Vietnam with the opening of Thanh Thoi B—a schoolhouse accommodating 120 elementary-age students—whose construction she played a leadership role in implementing. Her dream is to raise enough money to build 100 schools in five years. This activity complements well her similar effort in 10 other countries. Ms. Le speaks annually at numerous national events to help create an environment that stimulates and releases leadership potential in women and Asian Americans. Duy-Loan's service to the community includes: * United Way, Vietnamese Culture & Science Associations sponsored projects, and taught Junior Achievement for many years. * Director of Mona Foundation, promoting education and supporting social economic development in 10 countries including Nur University and Barli Vocational Institute for Rural Women in Indore[1] * Founding member and Advisory Board Director for Sunflower mission bringing educational assistance to Vietnam. * Founding member and Honorary Board Director for Science National Honor Society, promoting math and science at high schools. * ECE Visiting committee for The University of Texas College of Engineering. * Serving on University of Texas (UT) Commission 125, shaping UTs educational future for the next 25 years. * An invited speaker nationwide (many Universities, IEEE, WITI, etc) |
 | Vietnamese Pride Duy-Loan Le part 2 Recipient of the 2007 Women of Vision for Leadership. Born in Saigon, South Vietnam, in 1962, she fled to the U.S. with no father and a family of nine in 1975, eventually settling in Houston. Although Le knew no English on her arrival, she mastered the language fast enough to graduate from Alief Hastings High School at 16 as Valedictorian of her class of 335 students. In 1976, she received her first recognition in the US as 'Citizen of the Month' from Kiwanis International Club. In 1981, Houston Chronicle featured her as 'Scholastic Wonder', and Duy-Loan also received commendation from The Office of The Ambassador of The Royal Netherlands for her scholastic achievement and her humanitarian effort in fund raising to aid the Vietnamese refugees. She participates in numerous charity and fund raising projects for colleges, orphanages, and charity foundations. Duy-Loan serves on the Board of two non-profit organizations which promote education and support social economic development projects in the third world. Duy-Loan has worked to advance education and learning conditions in Vietnam. She believes that by doing so, the environment for learning will produce more students who will be able to improve the overall state of Vietnam. She recently achieved her longtime dream of bringing soundly-built school facilities to rural Vietnam with the opening of Thanh Thoi B—a schoolhouse accommodating 120 elementary-age students—whose construction she played a leadership role in implementing. Her dream is to raise enough money to build 100 schools in five years. This activity complements well her similar effort in 10 other countries. Ms. Le speaks annually at numerous national events to help create an environment that stimulates and releases leadership potential in women and Asian Americans. Duy-Loan's service to the community includes: * United Way, Vietnamese Culture & Science Associations sponsored projects, and taught Junior Achievement for many years. * Director of Mona Foundation, promoting education and supporting social economic development in 10 countries including Nur University and Barli Vocational Institute for Rural Women in Indore[1] * Founding member and Advisory Board Director for Sunflower mission bringing educational assistance to Vietnam. * Founding member and Honorary Board Director for Science National Honor Society, promoting math and science at high schools. * ECE Visiting committee for The University of Texas College of Engineering. * Serving on University of Texas (UT) Commission 125, shaping UTs educational future for the next 25 years. * An invited speaker nationwide (many Universities, IEEE, WITI, etc) |
 | How to Pick a Mortgage : About VA, FHA, & Rural Development Loans Learn how pick a mortgage and how to understand different loans in this free video on real estate and bank loans. |
 | PDC's Neighborhood Housing Program If you're like many Portlanders, owning your own home is a major part of the American dream. The Portland Development Commission wants to help you understand the steps to realize that dream. This video was produced by Portland Community Media. PDC's Neighborhood Housing program offers a variety of home purchase loans and homebuyer assistance programs. Each loan has different criteria for qualification that may include income, property, or occupancy restrictions. See the listing below for minimum restrictions for individual programs, or go directly to Loans & Programs for a full description of the programs. |
 | The Akassa Development Foundation - Micro Credit Overview of how the ADF micro credit programme assist in alleviating poverty in the Akassa Kindom |
 | Davos Open Forum 2005-Entrepreneurship: Key for Development? Entrepreneurship: The Key for Development? Ensuring the inclusion of the poor in the overall growth process remains a global challenge and fostering entrepreneurship is considered part of the answer. The provision of credit to the poor -- highlighted by the "International Year of Microcredit 2005" -- is vital, along with other tools, to promoting entrepreneurship and reducing poverty. 1) How can entrepreneurship be promoted in order to stimulate bottom-up development? 2) What challenges and dangers do new microcredit instruments pose for the poor? 3) What is the potential role and responsibility of the private financial sector in fostering development? Priscilla Daniel, Programme Executive, ECLOF - Ecumenical Church Loan Fund, Switzerland Walter Fust, Director-General, Swiss Agency for Development and Cooperation, Switzerland Walter B. Kielholz, Chairman of the Board, Credit Suisse Group, Switzerland Mandisi Mpahlwa, Minister of Trade and Industry of South Africa Roshaneh Zafar, Managing Director, Kashf Foundation, Pakistan; Social Entrepreneur Moderated by Ernst A. Brugger, Managing Director, Sustainability Forum Zurich, Switzerland |
 | Development through art Organized by the Zikra Initiative Children of Ghor Al Mazra'a Explore their Community through "Development through Art" Project In line with Zikra Initiative's goals to promote the arts and bridge the cultural gap between different communities, "Development through Art" workshop was organized at Ghor Al Mazra'a for children from the local community. The workshop, which lasted for three weeks, was organized by the Zikra Initiative under the supervision of the Jordanian artist Aziz Abu Ghazaleh and sponsored by the Spanish Embassy. As all children need a variety of experiences to assist them in exploring their environment, the workshop included an introductory session with discussions on the local area's surroundings through which awareness of the surroundings were explored, resulting in creating a sense of belonging among participants. Elements resulting from the discussion were then translated by students into drawings, which were then copied on canvas by using acrylic paint which was used after learning the concept of color mixing techniques. Amongst the goals achieved through this project was encouraging self development through promoting self expression, self discovery and a sense of achievement in children who participated. Through art, children learn to value their own uniqueness and to appreciate the individuality of others. Team work and social development was also enhanced through the workshop as children learn to cooperate during group art projects, in addition to eye muscle coordination. The second part of the workshop involved painting local houses by the local community with the help of a number of Zikra volunteers. Themes from the paintings were adapted by painters and have resulted with 6 houses being painted over a period of two weeks. This provided a platform for the exchange of information between the volunteers and members from the local community. In addition to creating a sense of belonging and appreciation of their local surrounding, drawings on the local houses helped beautify the area and increase people's overall well being. |
 | Lombard recievers: 21 cents in the dollar http://www.interest.co.nz First receivers report out for Lombard Finance Ads with Grecian or Roman columns Just like you'd see in a bank Suggestion was it was safe as houses Loans for residential property But it turns out the loans were residential property developers Most were 2nd or 3rd mortgages Most were interest paid on maturity loans Only repaid if properties were sold Biggest loan on the Brooklyn Rise development in Wellington Built by Nigel Melrose, who has been accused of building leaky buildings in Auckland More Lombard money needs to be spent to complete the development Only partially completed PwC receivers John Waller and John Fisk reckon these loans are so bad and the market to sell apartments is so tough that investors with NZ$111 million will get back just 21 cents to 44 cents in the dollar -- if they're lucky PwC have not retained the services of executive director Michael Reeves He blamed a systematic failure in the finance market for Lombard's woes Turns out it was woeful lending on dodgy projects to dodgy developers Relying completely on debentures Lessons from this story Watch the concentration of lending to residential property developers How many of the loans are interest on repayment What projects are still to be completed How diversified is their funding |
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