时间:2019-01-12 作者:英语课 分类:2010年VOA慢速英语(十一)月


英语课

This is the VOA Special English Economics Report.

Microfinance is a fast-growing part of the financial industry in many developing countries. Micro lenders give small loans to poor people to start or expand businesses.

Microcredit offers a chance to improve lives and reduce poverty. But officials in Andhra Pradesh, in southern India, are investigating if debt collections are linked to a series of suicides among borrowers.

Reddi Subrahmanyam is a rural development official in that state.

REDDI SUBRAHMANYAM: "The feeling in the community is that many of these deaths have occurred immediately after the recovery agents of the microfinance institutions have either visited the house or have done something insulting."Reports of corruption 1 and abuses have led to emergency measures in Andhra Pradesh to ban some collection methods. These rules also aim to limit costly 2 fees and high interest rates on loans.

The Asian Development Bank says microfinance institutions in the Asia-Pacific area charge interest of thirty to seventy percent a year. Charges can be even higher when other costs are added.

A banner announces the public stock sale of SKS Microfinance at the company's headquarters in Hyderabad in July But micro lenders also face higher operating costs compared to traditional lenders. Groups like the Asian Development Bank oppose limits on interest rates because of these high business costs.

Economist 3 Muhammad Yunus won the Nobel Peace Prize in two thousand six for his work with microfinance. In the nineteen seventies he started what became the Grameen Bank in Bangladesh.

Grameen says it charges twenty percent for general loans, less for home and student loans. The poorest of the poor pay no interest.

But enough microfinance borrowers are paying enough for their loans to create a profitable business.

MFTransparency is an organization that works with microfinance lenders to make pricing policies more clear. The group is based in the United States.

A woman sells henna at a Hindu festival in Jammu last year Chief executive Chuck Waterfield says easy credit can lead some people to borrow more than they can repay. He says abuses affect only a small percentage of India's fifty million microfinance borrowers.

One of the clients of MFTransparency is the Microfinance Institutions Network. That group is fighting the new rules in Andhra Pradesh.

India's biggest microfinance company is SKS Microfinance. In its last budget year it reported profits of eighteen percent. SKS began selling stock on the Bombay Stock Exchange in August.

New York University economist Jonathan Morduch says the microcredit industry is young and there are problems. But he says too much regulation could kill it.

And that's the VOA Special English Economics Report, written by Mario Ritter with Kate Woodsome. I'm Steve Ember.



n.腐败,堕落,贪污
  • The people asked the government to hit out against corruption and theft.人民要求政府严惩贪污盗窃。
  • The old man reviled against corruption.那老人痛斥了贪污舞弊。
adj.昂贵的,价值高的,豪华的
  • It must be very costly to keep up a house like this.维修这么一幢房子一定很昂贵。
  • This dictionary is very useful,only it is a bit costly.这本词典很有用,左不过贵了些。
n.经济学家,经济专家,节俭的人
  • He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
  • He's an economist who thinks he knows all the answers.他是个经济学家,自以为什么都懂。
学英语单词
adrenocorticotrophin (ACTH)
aircraft computers
airfa
American depository receipt
ammonium antimonyl tartrate
anionic polyelectrolyte
apposition beach
asfas
auditee
average outgoing quality limit
baleen record method
biosamples
boat fall block
Bower-Barff
BVDT
cache line
car tracking
casearia glomerata roxb.
chaplygin's transformation
circulen
compound expansion steam engine
consultant fee
cristicole
czaristic
cziffras
Djerid, Chott
donutlike
ECTFT
epoxy plastic
feature fatigue
flutterable
foam dyeing
free-air effect
germ ring
glow-discharge current
glycerin value
goal-seekings
gravitational fields
high-power ultrasensitive radar
insidiary
Ipomoea coccinea
job-creation
karpins
Kent Bridge
klystron
Kodumuru
labour absorption
Lampridae
large vessel
laughathon
lee way
marteks
monolines
multi-parametric process
neurosprora sitophila
Nizhniy Mamon
nonhardening
North Canara
nuclear design criterion
occipital branch
Open Vault
overwent
owner's capital
paria
petrolisthes pubescens
picturs
pipestapple
potamogeton
rave
reharmonized
revetment bulkhead
Roussillon, Plaine du
rue the day
sagrillo
shaft line efficiency
skew line
smartbot
soleula taiwanensis
source iteration method
spyridia filamentosa
start-up groan
stay in beijing
strappado
stt yarn
sun-shading
tabular difference
Takoradi
tardious
telephone rates
Terapon
The Pill
throat drops
ticker-tape machine
triisopropanolamine
tropical draft
unbreakable
underground facility arrangement
verbeek
wayfarers
Witold Gombrowicz
woodsia alpina gray
xga