Been gone a long while, but I'm back.
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Had the neck operation. Recovered completely after 6 months.
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Moved residence.
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Took over daily accounting and A/R for my other affiliated company, BookingCenter.com.
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Just got back from Hawaii where I accompanied my sister to her 50th high school reunion. A blast to see all her old friends and our cousins.
So what's new with Prisma?
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David has resigned as Chair and CEO of Prisma. He is now devoting full time to the MicroCapital Monitor and the on-line blog. I have replaced him as Chair and CEO.
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Orbelina, our GM in Honduras, was here for a week with her daughter during Easter break. We did some strategic planning combined with tourists stuff. Great to see her and talk face-to-face about all the going-on in Honduras. Orbelina has been promoted to President of Prisma USA and also retains her title as GM of Honduras.
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We're fully engaged with Kiva and have found a new level of operating synergies that were lacking during the first 2 years as we strove to define our roles. Kiva and its investors allow us to continue helping the poorest of the poor with new micro-businesses. I check the funded loans every week to see who is attracted to our loans. I'm happy to see so many old friends and want to thank everyone for believing in us. I'm especially grateful to Orbelina for ensuring that an enhanced variety of micro-loans are being offered to Kiva investors. Thanks Premal and Giovanna.
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We have to say thank you to Sierra Visher, Kiva Fellow, who did a wonderful job during her stay. Orbelina tells me that she was well loved by all our employees and proved to be highly independent - she knew how to take care of herself and thrive in the Honduras climate. That sure makes our job easier.
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One June 1st, we're initiating a new internship program with the business school of the University of Maryland, College Park, MD. Our first undergraduate intern will be spending June and July at Prisma Honduras working as a junior loan officer. It has taken over 1 year and a half to set up the program. Many thanks to Elizabeth M, Dean Cleveland, Claire J., and Dean Anand for doing all the heavy lifting.
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Why UMD? I got my MBA from there in 1976, and have been an active alumni. I've been wanting to offer their undergraduate business students the opportunity of a foreign internship - a very rare position to find these days.
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