Simla Kenealy

Simla

From Catholic Encyclopedia

Archdiocese in India, a new creation of Pius X by a Decree dated 13

September, 1910 formed by dividing off certain portions of the Archdiocese

of Agra and of the Diocese of Lahore. By this arrangement the following

places fall within the territory of the new archdiocese: Simla, the

metropolitan city, where the Church of Sts. Michael and Joseph has been

adopted as the pro-cathedral, Ambala, Higsar, Karmal, Patiala, Nabha, Sind,

Loharu and Maler Kotla, taken from the Archdiocese of Agra, and Mandi,

Suket, Kulu, Labul and Spiti, taken from the Diocese of Lahore. As yet the

appointment of suffragans has been reserved to the future by the Holy See.

As the two more ancient dioceses are confided respectively to the Italian

and Belgian Franciscans of the Capuchin Reform, so the new archdiocese has

been given to the care of the same Fathers of the English province. The

first archbishop appointed is the Most Rev. Anselm E.J. Kenealy who, as

Father Anselm, O.S.F.C., was well known in England as a lector in logic and

metaphysics, guardian of Crawley monastery in Sussex, a member of the Oxford

Union Society, and provincial of the English province, before being called

to Rome as definitor general of the order. Consecrated on 1 Jan., 1911, at

Rome by Cardinal Gotti, assisted by the Archbishop of Westminster and

Archbishop Jacquet, after visiting England to select some Fathers of the

English province to accompany him, he sailed for India on 18 April, and was

welcomed with an imposing public reception on his arrival at Simla on 8 May.

The stations with resident clergy are: Simla, Amballa, Dagshai, Casauli, and

Subathu. The stations visited are: Jutogh, Solon, stations on the Kalka

Simla railway and Kalka, Karnal, Patiala, Rajpura, Sirsa, and Gind. The

principal educational establishments in the new archdiocese are at Simla and

Amballa. At Simla the Nuns of Jesus and Mary (established in 1864) have some

of the best schools in India for orphans, boarders, and the training of

teachers. The Loreto Nuns at Tara Hall, Simla (established in 1895), have

also first-class schools for boarders and day-scholars. There is a private

school for boys under the care of the Capuchin Fathers at Simla.

Georgetown University

Box: 10 Fold: 61 Anselm Edward John Kenealy

Letter(s) dated 2/17/1921

DESCRIPTION: Contains ALS from Anselm E.J. Kenealy, archbishop of Simla:

"Many thanks for your two papers for the S. Times. I shall keep my part of

the contract in due course & let you have a paper on "Pen Years in

India"..."

The friars carried out much missionary work in the neighbourhood and also as

far away as the USA and India. In fact, the first Archbishop of Simla,

India, was a former Guardian of the Friary – His Grace Anselm Kenealy of

Abersychan.

http://www.tribuneindia.com/2004/20040210/haryana.htm

Leaf from History

Holy Redeemer Church was rebuilt in 1905

Rahul Das

Holy Redeemer Church of Ambala cantonment was reconstructed by

soldiers in 1905.

The grandeur of the church is reminiscent of the Raj era. The church

is so well maintained that it was built 100 years back. The history of the

church can be traced back to the period when British troops moved from

Karnal to Ambala.

Father Konrad D’Souza of Holy Redeemer Church says that from 1843 to

1848, the Catholics in Ambala were served by an Italian Capuchin, Fr

Venance, from Delhi. “He built the first church of the Holy Redeemer in

1848. At the same time, the first priest’s residence was built at the

extreme end of the compound,” he said.

The Vicar Apostolic of Agra, Mgr Ignatius Persico, afterwards

Cardinal, administered Confirmation in Ambala on March 12, 1860. “In 1885,

the number of Catholics in Ambala is given as 340 Europeans and 20 Indians.

About this time, a soldiers’ club consisting of two separate rooms was built

to the north of the church near the road,” he said.

The soldiers’ club later collapsed and was rebuilt. The two rooms are

now used as a dispensary and reading room. “Lord Ripon, the only Catholic

Viceroy of India, visited Ambala church on his way from Calcutta to Simla,

attended by his chaplain, Fr Henry Kerr,” he said.

In 1890, the priest’s residence was burnt down and the present house

was built in the centre of the compound. After this, Ambala got its first

resident priest in the person of Fr Agnellus. In 1895, Fr Fidelis, born at

Amritsar in 1864, was appointed Military Chaplain in Ambala. He began an

Urdu elementary school and employed a munshi to teach.

Father D’Souza stated that in 1902 began the building of the new

church. “The priest in charge was Fr Peter Mary, who collected the money for

the church, the three marble altars, the marble sanctuary with communion

rails, the huge pipe organs and three large bells,” he said.

He observed that the old church, which was more like a barn, was

pulled down. To the north of the present church can be seen a memorial stone

marking the site of the high altar of the old church.

On November 12, 1905, the new church of Holy Redeemer was solemnly

blessed by Archbishop Gentilli. The new church can seat 800 persons. With a

huge tower, solid pillars and high Gothic roof, it is an architectural

marvel.

Father D’Souza pointed out that an interesting aspect was the fact

that the benches in the church have a niche in which soldiers could place

their rifles. “Due to the then prevailing situation, soldiers had to keep

their rifles in close proximity so the niche was useful in keeping their

rifle within hand’s reach,” he said.

Until the construction of the new church, it was being served by the

Italian Capuchins of the Agra Archdiocese. In 1911 was created the

Archdiocese of Simla which was handed over to the English Capuchins. “That

same year three priests were assigned to Ambala. They were Fathers Benedict,

Pascal and Bernard. On February 2, 1912, the first Archbishop of Simla, Mgr

Kenealy, was vested with the pallium in Ambala church. For many years,

Ambala served as the winter residence of the Archbishop,” he said.

The priest who spent the longest time in Ambala was Father Anthony

Douglas, a Capuchin born in India. His signature is seen in the Baptism

of Jullundher, was appointed Military Chaplain in Ambala. But in September

of the same year, Fr Alban was transferred to Sirsa and Fr Anthony returned

to Ambala. Fr Anthony served Karnal, Kurukshetra and also Rajpura and

Patiala from Ambala. Fr Anthony Douglas built the grotto of our lady near

the church and also put in the stained glass window behind the altar and a

marble pavement along the centre of the church.

At that time, the area up to Karnal and Panipat on the Delhi side and

Kalka on the Simla side were part of the Parish and Nahan and Jagadhari were

looked after from Ambala.

THE CATHOLIC CHURCH IN MODERN WALES

school, all sprung from the derelict inn in which the

sisters first lived.

The name of Pantasaph is known to many non-

Catholics because of its associations with Francis

Thompson and Coventry Patmore. Thompson first

went there in 1892, staying at a house near the

monastery gates, from whence he wrote in a letter,

" Lord, it is good for me to be here, very good."

Patmore (a Franciscan tertiary) joined him in 1894,

and the two spent much time walking and talking upon

the neighbouring mountains. The association with

Patmore had a good deal of influence on Thompson, and

both were strongly affected by that distinguished

Capuchin, Father Anselm (Kenealy), afterwards arch-

bishop of Simla. The evenings when the two poets sat

and discussed religion, life, and literature with Father

Anselm and the other friars, ' ' bearded counsellors of

God ", as Thompson called them, must have been

curiously reminiscent of the days when such collocations

of bard and Franciscan were common in Wales. It was

at Pantasaph that Thompson met the village girl

Maggie Bryan, who was the occasion of the allegorical

sequence called "A Narrow Vessel", and before the

crib in the church at Christmas 1895 he wrote " Ex

Ore Infantium ", first published in Franciscan Annals.

1930she " reunion of Wales to the faith of

its fathers ", understood as the conversion of the Welsh

people, is not merely not in sight it has not been

begun. In the past eight years there have been close on

1000 conversions in the whole of the country excluding

Glamorgan and Monmouthshire ; those two well-

populated counties, plus Herefordshire, had an annual

average of 453 converts over the three years ending

December 31, 1932. These converts are almost all

English or of other foreign or mixed blood, and the

few genuine Welsh among them are mostly converts on

marriage : now " mixed marriages " cut both ways and

probably lose at least as many individuals to the Church

as they gain. I have before me as I write a list of

306 names taken at random among the Catholics of the

diocese of Menevia : 114 are Irish, 164 are other

foreigners or doubtful, 28 are Welsh and of these a

number are Irishwomen married to Welsh men, or

children of such a union. A similar list from the Cardiff

archdiocese has 160 Irish names, 115 English and

continental, and only 12 Welsh.

Name:

St. Edward's School, Shimla

Category:

Watson has More about Simla at http://shimlaproject.blogspot.com/

Description:

A BRIEF HISTORY OF ST. EDWARD’S SCHOOL

Before the division of Agra Archdiocese in 1890, there used to be a Catholic school for boys known as St. Michael’s School at Milsington run by the Capuchin Fathers. However with the division of Simla from Agra in 1910, St. Michael’s School was closed.

When the first Archbishop of Simla diocese, Most Rev. A.E.J. Kenealy, Ofm Cap was addressing a gathering at the Simla Town hall in May 1911, the public surprised the Archbishop by expressing their need for a Catholic School for boys in Simla, since the St. Michaels’s School was closed. The Archbishop being an Englishman knew the reputation of the Irish Christian Brothers as good educationists. Sent in his request to the Superior General in Irland, Who after many years of discussion and deliberation decided to accept the Archbishop request to start a Catholic School for the boys in Simla. Thus in October 1924, two Irish Christian Brothers reached Simla and met the Archbishop at Eaglemount. The Archbishop warmly welcomed the Brothers and placed at their disposal Milsington Estate and the grounds.

The Irish Christian Brothers named the School as St. Edward’s and invited the people of Simla to admit their boys into the school on March 9,1925. As Per The record on the first day, 42 boys were admitted to St. Edward’s School. The School began at 9:00 AM with a staff of six (Four Brothers and two lay teachers). Thus St. Edward’s School started as a day school for the boys of Simla, primarily for Catholic boys but others were not excluded. It is also said that by the end of 1925 the number rose to 98. Slowly but surely, the school began to develop and prosper. By the end of winter of 1928, nine proper class rooms were built. Due to the hard work of the first Principal Bro. J.C.Doheny and the concerted efforts of the Archbishop, the school received permanent recognition in 1929. By March 1932, when the present main building was built, the school was converted in to a boarding school. a long cherished desire of the Archbishop bearing fruit. The school hall which can house nearly 450 people was blessed by the Archbishop on August 31, 1947. In 1948, due to the changed situation of India and the fear of war, parents refused to send the boys to Simla, to the boarding, due to which the boarding was closed and the K.G. Classes were introduced. Hence, once again St. Edward’s became a Day School.

Ever since its inception in 1925, the school has progressed from strength to strength and has always maintained a high standard of education and has carved out a niche for itself and has anchored the students to make a difference in their lives. The Christian Brothers, who had established themselves with a high standard of education, has moulded the boys of Simla, with fine discipline, strong character based on strong spiritual values, had trained them to play their role as responsible men in the rapidly changing world.

In 1984, the Christian Brothers, after 60 years of their dedicated service to the Institution, handed over the School to the Simla Chandigarh Dioces. Today the School is managed by Simla Chandigarh Educational Society, under the Bishop of Simla Chandigarh Dioces. The Educational Society has kept up the good work and continues to work with the same spirit, zeal and vigour. In 1998, St. Edward’s School achieved another milestone by the introduction of Senior Secondary Classes providing a platform for professional and higher education for its students. For this purpose, the construction of new block was undertaken in 1998. The School completed 75 years of its existence in the year 2000. As a jubilee gift to the people of Simla, the Bishop has re-introduced the pre-Primary Classes from April 2001. The School is affiliated to ICSE, New Delhi. The boys are prepared for ICSE and ISC Examinations. This examination is recognized by the Universities as a qualifying examination for professional classes.

Rt.Rev.Dr.G.J.Mathias Bishop of Simla Chandigarh Diocese.

Letter from Fr Connolly S.J.

In England I visited the places most closely associated with Thompson-Ushaw,

Storrington, Pantasaph, London-and from his sister, Mother Austin; from

Archbishop Kenealy, his "Friend, Philosopher and Guide;" from his

class-mate, Father Adam Wilkinson, and others, I learned much not found in

books, about the poet and his work. But as the guest of Mr. Wilfrid Meynell

who saved Thompson, body and soul, man and poet, I gathered priceless

information and was given an opportunity to study the poet's manuscripts

under the sure and kindly guidance of his "Father, Brother, Friend." Through

the over-whelming generosity of Mr. Meynell, I returned to Boston with

Thompson notebooks, manuscripts and volumes many times more numerous and

precious than those already in the Boston College Collection. After many

months of labor the new treasures were added to the permanent exhibit of

Thompsoniana in the Boston College Library, and now I am trying to prepare a

new catalog of the enlarged collection. The story of my Thompson pilgrimage

is the subject of my recent volume, Francis Thompson: In His Paths.

http://www.kellygang.asn.au/people/peU_Z/williamsonWilliamSy.html

In 1901 I wrote a letter to JJ Keneally giving my account of what happened

when Constable Fitzpatrick came to arrest Ned Kelly and the letter along

with a photograph was published in the book "The Inner History of Kelly

Gang".

I returned to England around 1912 to visit his brother and and then returned

to my farm and my family.

I saw out the last of my days on the Millwood Road farm. I was known as a

great horseman well into my sixties. I had become a respected of the

community but I always held a healthy distrust of the police..

I died in Coolamon on the 3rd of October 1932.

My daughter was very proud of the fact that I did not like drink and did`nt

swear. I did however keep a Demi-John of sherry at the farm for visitors.

My daughter remembered when Wild Wright came to visit us at the farm when

she was about 3 or 4.( about 1901) She played under the table while Wright

and I talked, bumped her head and cried. Wild Wright tried to sooth her and

pretended to cry too.

And she also remembers Bill Skillion visiting the farm. She said, "He strode

down the road towards the house, wearing a large brimmed hat, he was tall

with reddish hair."

Join the campaign against the Keneally Labor Government’s NSW latest attack on motorbike and scooter riders

From July 1 motorbike and scooter riders have been hit with massive increases in their CTP Greenslip costs.

Riders of smaller bikes and scooters have been the most affected, with some owners reporting increases as high as 84%.

At the time of the changes, Labor said they would only add an additional $10 to the average CTP Greenslip.

But some riders are now being slugged $210 more than last year.

Labor also said that today’s Greenslips cost on average $150 less in real terms than they did 10 years ago.

It is time for Kristina Keneally and her Labor Government to stop living in fantasyland!

By Yoolim Lee and Ruth David - Dec 28, 2010 10:00 PM GMT Tue Dec 28 22:00:00

GMT 2010

Bloomberg Markets Magazine

Tanda Srinivas was lounging in the yard of his two-room house in the

southern Indian village of Mondrai shortly after noon on Oct. 28 when his

wife, Shobha, burst out of the door covered in flames and screaming for

help.

The 30-year-old mother of two boys had poured 2 liters of kerosene on

herself and lit a match. The couple had argued bitterly the day before over

how they would repay multiple loans, including those from microlenders who

had lent small sums to dozens of villagers, says Venkateshwarlu Masram, a

doctor who called for the ambulance.

Shobha, head of several groups of women borrowers, was being pressured to

pay interest on her 12,000 rupee ($265) loan. Lenders also were demanding

that she cover for the other women, even though the state had restricted

microfinance activities two weeks earlier, Bloomberg Markets magazine

reports in its February issue.

When Srinivas, 35, tried to snuff out the flames with a blanket, his

polyester clothes caught fire. Within three days, both parents were dead,

leaving their sons orphans.

Now, on this November morning, the boys’ ailing 70-year-old grandfather and

blind grandmother say they are caring for Aravind, 10, and Upender, 13, in

the farming village where many men earn a living gathering palm extract to

make alcoholic beverages.

None of the boys’ relatives can support them full time, says their

60-year-old grandmother, Saiamma, breaking into tears.

India’s Microlending Hub

The horrific scene in Mondrai, 80 kilometers (50 miles) from the city of

Warangal, has played out in dozens of ways across Andhra Pradesh, India’s

fifth-largest state by area and the site of about a third of the country’s

$5.3 billion in microfinance loans as of Sept. 30.

More than 70 people committed suicide in the state from March 1 to Nov. 19

to escape payments or end the agonies their debt had triggered, according to

the Society for Elimination of Rural Poverty, a government agency that

compiled the data on the microfinance-related deaths from police and press

reports.

Andhra Pradesh, where three-quarters of the 76 million people live in rural

areas, suffered a total of 14,364 suicide cases in the first nine months of

2010, according to state police.

A growing number of microfinance-related deaths spurred the state to clamp

down on collection practices in mid-October, says Reddy Subrahmanyam,

principal secretary for rural development.

“Every life is important,” he says.

Perverse Turn

On Nov. 8, police arrested two managers of lender Share Microfin Ltd. on

allegations of abetting another suicide, this one of a 22-year-old mother.

Share Microfin didn’t respond to requests for comment on this story.

As India struggles to provide decent education, health care and jobs to

millions still locked in poverty, microlending -- the loaning of small sums

to the world’s neediest people to help them earn a living -- has taken a

perverse turn.

Microcredit has become “Walmartized” by unrestrained selling of cheap

products to the poor, says Malcolm Harper, chairman of ratings company

Micro-Credit Ratings International Ltd. in Gurgaon, India.

“Selling debt is like selling drugs,” says Harper, 75, the author of more

than 20 books on microfinance and other topics. “Selling debt to illiterate

women in Andhra Pradesh, you’ve got to be a lot more responsible.”

Opposite Effect

K. Venkat Narayana, an economics professor at Kakatiya University in

Warangal, has studied how microfinance lenders persuaded groups of women to

borrow.

“Microfinance was supposed to empower women,” he says. “Microfinance guys

reversed the social and economic progress, and these women ended up becoming

slaves.”

India’s booming microlending industry is part of a global phenomenon that

began as a charitable movement but now attracts private capital seeking

growth and high returns.

Banco Compartamos SA, a former nonprofit that’s now the largest lender to

Mexico’s working poor, raised about $467 million in its 2007 initial public

offering. The August IPO of SKS Microfinance Ltd., India’s biggest

microlender, drew further attention to the industry.

SKS began operating in 1998 as a nongovernmental organization led by Vikram

Akula, 42, an Indian-American with a Ph.D. in political science from the

University of Chicago.

The company raised 16.3 billion rupees by selling 16.8 million shares at 985

rupees each. SKS shares peaked at 1,404.85 rupees on Sept. 15. As of Dec.

28, they’d fallen to 652.85 rupees.

Andhra Pradesh Crisis

On Oct. 15, the government of Andhra Pradesh imposed restrictions that bar

microlenders’ collection agents from visiting borrowers and required

companies to get local authorities’ approval for new loans. The rules have

crippled lending and repayments. Loan collection levels in the state have

dropped to less than 20 percent from 98 percent previously, according to an

industry group.

The upheaval in Andhra Pradesh is a long way from the vision of Muhammad

Yunus.

The former economics professor won the Nobel Peace Prize in 2006 for his

pioneering work in Bangladesh providing small sums to entrepreneurs too poor

to get bank loans.

Yunus, 70, discovered more than three decades ago that when you lend money

to women in poverty, they can begin to earn a living, and most of them will

pay you back.

Yunus started the Grameen Bank Project in 1976 to extend banking services to

the poor. Since then, it has lent $9.87 billion and recovered $8.76 billion;

97 percent of its 8.33 million borrowers are female.

‘Wrong Direction’

Yunus says he’s not against making a profit. But he denounces firms that

seek windfalls and pervert the original intent of microfinance: helping the

poor.

The rule of thumb for a loan should be the cost of funds plus 10 percent, he

says.

“Commercialization is the wrong direction,” Yunus says, speaking in a

telephone interview from Bangladesh’s capital of Dhaka. “An initial public

offering is the triggering point for making a lot of money personally as

well as for the company and shareholders.”

David Gibbons, chairman of Cashpor Micro Credit, a nonprofit microlender to

the poorest women in India’s Uttar Pradesh and Bihar states, says public,

for-profit lenders face a conflict.

“They have to decide between the interests of their customers and interests

of their investors,” he says.

‘Can’t Be Done’

Gibbons, 70, says he learned that lesson when he tried to raise 4 million

pounds ($6.2 million) from two wealthy London- based nonresident Indian

investors in November 2006.

Talks failed because of differences over expectations for returns on equity

and other contract terms, he says.

“That’s what made me think this just can’t be done,” he says.

Indian microlenders differ from Yunus’s Grameen Bank in key ways. To protect

depositors’ money after bankruptcies among nonbanking financial companies in

the early 1990s, India’s Reserve Bank in 1997 made it more difficult for

them to meet the requirements needed to take deposits from the public. Only

36 microlenders are registered as nonbank financial companies, according to

information supplied by the Reserve Bank.

‘I Feel So Sad’

Indian microlenders themselves borrow from banks at 13 percent or more on

average and extend credit to the poor. They charge interest rates that can

rise to 36 percent, says Alok Prasad, chief executive officer of the

Microfinance Institutions Network, which represents 44 microlenders. He says

all 44 firms are registered with the Reserve Bank.

SKS Microfinance gets funds at about 12 percent interest and lends at 24.52

percent in Andhra Pradesh, spokesman Atul Takle says.

In Bangladesh, Grameen Bank got a banking license in 1983, which allowed it

to take deposits. It charges 5 percent for education loans and 8 percent for

housing loans. Beggars can borrow for free, and interest on major loans is

capped at 20 percent, Yunus says.

“Microfinance has been abused and distorted,” he says. “I feel so sad

because that’s not the microcredit I have created.”

Indian microfinance has roots in decades-old informal community financing.

Nongovernmental organizations pioneered cooperative lending, known today as

self-help groups, with seed money from the National Bank for Agriculture and

Rural Development. Encouraged by these projects, the state-backed bank

worked to tie borrowing groups to local bank branches in 1992.

For-Profit Companies

Nonprofit organizations subsequently got involved as middlemen between the

banks and the borrowers. By 2005, nonprofits such as SKS and Share Microfin

had turned themselves into profit-making enterprises.

Akula’s SKS attracted investors such as Khosla Ventures, Sun Microsystems

Inc. co-founder Vinod Khosla’s venture capital firm.

Capital flowed into the new industry from commercial banks, venture firms

and private equity.

Sequoia Capital, in Menlo Park, California, and Bangalore- based Infosys

Technologies Ltd. Chairman N.R. Narayana Murthy were among the backers.

George Soros’s Quantum Fund has a 0.37 percent stake in SKS.

Private-equity investors alone have put $515 million into Indian

microfinance companies since 2006, research service Venture Intelligence

says.

‘Explosive Growth’

More than half of the 66 Indian microlenders tracked by Micro-Credit Ratings

are for-profit firms. Some 260 microlenders had 26.7 million borrowers and

183.44 billion rupees of loans outstanding as of March, according to the

Microfinance India State of the Sector Report 2010.

“Over the last two years, we’ve been seeing explosive growth,” says N.

Srinivasan, who wrote the report. “Microfinance institutions found that it’s

easy to make money. Not that making money is bad, but when you go overboard

and say you require money for growth, you get into problems.”

Polelpaka Pula, a mother of two, says she saw microlenders rushing into her

village of Pegadapalli to compete for business -- with tragic results.

Her husband, Prakash, a painter who made 250 rupees on a good day, first

borrowed from a group of villagers to build a house. Each participant of the

so-called chit fund contributed 1,000 rupees a month and took a turn

collecting the entire sum.

Microfinance officers from L&T Finance Ltd., Spandana Sphoorty Financial

Ltd., Share Microfin and SKS began offering loans in the village starting in

2004, she says.

The couple, already contributing to their village fund, took five more loans

totaling 64,000 rupees. That saddled them with payments of 7,300 rupees a

month, more than Prakash’s 5,000 rupee maximum monthly income.

Loan Shark

When Prakash ran out of microlenders to borrow from, he went to a village

loan shark, who charged 100 percent interest.

With no way out and debt from multiple lenders ballooning, Prakash hanged

himself in November 2009, his wife says.

The small house he’d dreamed of was never completed. Only the foundation

stands next to the home of his parents, a tiny structure with a roof of palm

leaves.

Spandana says that neither of the couple’s names is in its database. The

company says the media wrongly attribute harassment cases to microfinance,

especially when Spandana is mentioned.

“The trigger factors for suicide are manifold, such as stressful situations

at home,” the company said in an e-mail response to questions about the

death.

Subprime Parallel

SKS spokesman Takle says its staff has practiced responsible lending for the

past 12 years. Its employees are not paid based on the loan size or

repayment percentage.

“This ensures against giving out larger loans than what a borrower can

repay,” Takle says. A spokesman for L&T Finance declined to comment.

Overlending in Andhra Pradesh calls to mind the U.S. subprime crisis, says

Lakshmi Shyam-Sunder, director of corporate risk at International Finance

Corp. in Washington, which invests in microlenders.

“Subprime lending was initially seen as extending homeownership to poorer

people, doing good,” Shyam-Sunder says.

As the industry expanded, making a profit became more important to some

lenders, she says. “Tension arises when you work on activities with both

social goals as well as commercial interests,” she says, adding that it’s

important to strike the right balance.

Companies chasing profits amid poor corporate governance are undermining the

intent of microfinance, Cashpor’s Gibbons says.

‘Lending Gone Wild’

During the past five years, the number of microloans in India has soared an

average of 88 percent a year and borrower accounts have climbed 62 percent

annually, giving India the world’s largest microfinance industry,

Micro-Credit Ratings says.

“This is unrestrained consumer lending gone wild,” Gibbons says. “It’s not

about poverty reduction anymore.”

Sumir Chadha, managing director at Sequoia Capital India Advisors Pvt., says

that without a profit motive it’s hard to find anyone who will lend to the

poor.

“Capitalism doesn’t have to be a bad thing,” says Chadha, whose firm has a

14 percent stake in SKS. “If you can’t profit off the poor, it means that no

companies will service the poor -- and then they will be worse off than

earlier.”

Chand Bee’s Tale

For Chand Bee, a 50-year-old who led three borrowing groups in Andhra

Pradesh, too many loans almost became her undoing.

She says she ran away from home after collectors began harassing her. She

took out multiple loans beginning in 2005, and she names Spandana as one of

the lenders.

Some of the money paid for the funeral of her eldest son. When she fell

behind on payments, she says loan officers threatened to humiliate her in

front of neighbors and pressed her to sell her small grandchildren into

prostitution.

She left her slum in Warangal, where she lived with her deaf husband, some

of her eight grown children and more than a dozen grandchildren.

After living as a beggar for a year, Chand Bee returned home in early

November when family members told her that the state ordinance that went

into effect on Oct. 15 had suspended some collections. A Spandana

spokeswoman says none of the company’s four customers in the district with

the name Chand Bee has had trouble repaying.

Almost every household in the slum of 250 people -- where barefoot children

play in lanes between rows of dilapidated shacks -- has taken several loans.

So many microlenders ply their trade that residents refer to them by the

days they collect: Monday company, Tuesday company and so on.

Debt Free

Rabbani, a widow with four children, is one of the few women who are

debt-free. She started a spice shop with two loans, which she repaid with

her small profit. After seeing her neighbors’ pains, she vowed never to seek

another microloan.

SKS says 17 of its clients have committed suicide, none because of loans

being in arrears or harassment.

“Suicide is a complex issue,” Akula says.

Sitting in the second-floor conference room of SKS’s seven- story

headquarters in Hyderabad, where posters of smiling women running handicraft

and tailor shops decorate the doors of elevators, Akula says there’s nothing

wrong with seeking profits.

“What does it matter to a poor woman how much an investor makes?” says

Akula, dressed in his trademark knee-length kurta shirt from Fabindia, a

seller of ethnic clothes made by rural craftsmen. “What matters to her is

that she gets a loan on time at a reasonable rate that allows her to earn

higher income.”

Commercial Venture

Turning SKS into a commercial venture allowed the firm to tap an unlimited

pool of funds from private investors. That, in turn, let the company grow

and reduce rates, Akula says.

“Interest rates have come down over time,” he says. “Because it works, she

comes back year after year,” he says of his customers.

His autobiography, “A Fistful of Rice” (Harvard Business Review Press,

2010), provides a glimpse of the expansion drive.

Akula, a former McKinsey & Co. consultant, studied McDonald’s Corp. and

Burger King Holdings Inc. in 2005 to learn about their speedy training of

unskilled workers. He devised a two-month course to train as many as 1,000

new loan officers a month.

“I now had one goal for SKS; to grow, grow, grow as fast as we could,” he

writes. “We could practice microfinance in a way that would serve more poor

people than anyone had ever thought possible.”

Akula says the commercial model of microfinance isn’t the only way.

Returning to ‘Roots’

“It’s an important complement to other forms of finance,” he says. New

microfinance companies don’t spend time to build trust, Akula says. “As an

industry, we need to go back to our roots,” he says.

The Reserve Bank is scheduled to report on the industry in January. The

finance ministry is planning new rules.

Sequoia Capital’s Chadha says he’s concerned about “regulatory uncertainty”

created by the state ordinance and prefers federal regulation. Nationwide

rules would prevent individual states from damaging credit discipline by

waiving loans, Microfinance Institutions’ Prasad says.

“It is no different than needing good regulation for stock investing or

starting a manufacturing facility,” SKS investor Khosla says.

‘People, Not Profit’

From Yunus’s perspective, it’s essential that the industry move away from

seeking maximum profits and get back to focusing on the poor.

“If not, you are not helping poor people’s lives,” he says. “You are not

patient. You are not restrained. You don’t have empathy for the people. You

are just using them to make money. That’s what blinds you when you are in

the profit-making world. We need to see the people, not profit.”

Any such changes would be too late for Atthili Padma and Shivalingam, a

young couple in Andhra Pradesh’s cotton-farming village of Chennampalli.

Padma, a 22-year-old mother of two, walked out of her house on Oct. 7 with

her 18-month-old son and 4-year-old daughter, according to Maruthi Prasad, a

superintendent at the police station in Shankarampet.

Padma’s Death

Instead of heading to her parents’ house as she often did, she walked 2

kilometers in the opposite direction. She came to an old Hindu temple where

villagers worship Lord Shiva, the god of destruction. Padma continued until

she stood in front of a well once used to irrigate crops, her father-in-law,

Pochaiah, says. There, with no one to dissuade her, she jumped into the well

with her children.

The day before she died, Padma had visited her parents after arguing with

her husband over loans they couldn’t repay, according to Mangamma, the

couple’s neighbor.

Their marriage five years ago was arranged by their parents and the couple

had become close and hadn’t fought before that day, Mangamma says. The loans

totaled 20,000 rupees, Pochaiah says.

Padma’s death is recorded as a microfinance-related suicide in the list by

the Society for Elimination of Rural Poverty.

‘Sad Day for Microfinance’

Police arrested Padma’s husband, Shivalingam, on Oct. 13 for allegedly

abetting Padma’s suicide. They also alleged that he’d harassed her to

provide money to marry him, which is illegal in India, according to

Narayana, a constable at the Shankarampet police station.

Police made two further arrests on Nov. 8: Share Microfin managers Sriram

Raghavender, 27, and Polapalli Kumaraswami, 22, also for allegedly abetting

the suicide, according to superintendent Prasad. The two managers and

Shivalingam have been released on bail and are awaiting a court hearing,

Prasad says.

Advocates and investors such as Khosla say microfinance -- when it works

correctly -- is the best way to give the rural poor a shot at better lives.

The tragedies in India present the worst possible outcome, says Cashpor’s

Gibbons, whose Nov. 15 speech opened a morning session of the annual

Microfinance India Summit in New Delhi.

“This is a sad day for microfinance,” said Gibbons, who has promoted the

movement for the past two decades.

“Often people asked me, ‘What are you doing here?’” he told the audience. “I’ve

been always proud to say, ‘I’m doing microfinance.’ Now, when people ask, I

feel embarrassed. I feel like hiding somewhere.”

To contact the reporters on this story: Yoolim Lee in Singapore at

yoolim@bloomberg.net; Ruth David in Mumbai at rdavid9@bloomberg.net

To contact the editors responsible for this story: Michael Serrill at

mserrill@bloomberg.net; Philip Lagerkranser at lagerkranser@bloomberg.net

Thanks Jer for all these interesting tidbits. I didn't know there were so many newspaper connections either; how cool.

By the way, I'd love to get to Ireland someday. Hope to sometime soon. Thanks again.

-Craig

On Tue, Oct 13, 2009 at 4:16 PM, Jer Kennelly <dalyskennelly@eircom.net> wrote:

New Hibernia Review

Volume 10, Number 3, Fómhar/Autumn 2006

E-ISSN: 1534-5815 Print ISSN: 1092-3977

DOI: 10.1353/nhr.2006.0057

Kennelly, James J.

Thomas A. Finlay S.J., 1848-1940: Educationalist, Editor, Social Reformer (review)

New Hibernia Review - Volume 10, Number 3, Fómhar/Autumn 2006, pp. 147-149

Center for Irish Studies at the University of St. Thomas

James J. Kennelly - Thomas A. Finlay S.J., 1848-1940: Educationalist, Editor, Social Reformer (review) - New Hibernia Review 10:3 New Hibernia Review 10.3 (2006) 147-149 Muse Search Journals This Journal Contents Reviewed by James J. Kennelly Thomas A. Finlay S.J., 1848-1940: Educationalist, Editor, Social Reformer, by Thomas J. Morrissey S.J., pp. 171. Dublin: Four Courts Press, 2004. Distributed by International Specialized Booksellers, Portland, OR. $35. Thomas Morrissey's biography of the Reverend Thomas A. Finlay at long last addresses the need for a full-length biography of the man W. E. H. Lecky called "perhaps the most universally respected man in Ireland." The subject did not make this an easy task: Finlay appears to have destroyed all of his personal papers and letters before his death. Despite Finlay's...

http://animalscience.ucdavis.edu/faculty/Tucker/pubs.htm

Weary, D.M. and Tucker, C.B. 2006. Dairy cow comfort. Proceedings of the North American Veterinary Conference. Orlando, FL. In press.

Tucker, C.B. and Weary, D.M. 2005. Improving cow comfort. Four-State Dairy Nutrition and Management Conference. Mid-West Plan Service, Ames, IA. pages 45-52.

Weary, D.M. and Tucker, C.B. 2004. The science of cow comfort. Advanced Dairy Nutrition and Management 2004. Cornell Total Dairy Management, Ithaca, NY.

Tucker, C.B., Weary, D.M., Rushen, J. and de Passillé, A.M. 2004. Designing better environments for cattle to rest. Advances in Dairy Technology. John Kennelly, editor. University of Alberta, Edmonton, AB. 16:39-53.

Rushen, J., de Passille, A.M., Borderas, F, Tucker, C.B. and Weary, D.M. 2004. Designing better environments for cattle to walk and stand. Advances in Dairy Technology. John Kennelly, editor. University of Alberta, Edmonton, AB. 16:55-64.

Weary, D.M. and Tucker, C.B. 2003. The science of cow comfort. Proceedings of the Joint meeting of the Ontario Agri Business Association and the Ontario Association of Bovine Practitioners, Guelph, ON. pages 23-49.

Gaworski, M.A., Tucker, C.B., Weary, D.M. and Swift, M.L. 2003. Effects of two free-stall designs on dairy cattle behavior. Proceedings of the 5th International Dairy Housing Conference. Fort Worth, Texas. American Society of Agricultural Engineers, St. Joseph, MI. pages 139-146.

Tucker, C.B. and Weary, D.M. 2001. Stall design: enhancing cow comfort. Advances in Dairy Technology. John Kennelly, editor. University of Alberta, Edmonton, AB. 13:155-168.

http://www.eoearth.org/article/Kennelly,_Arthur_E.

Arthur E. Kennelly. (Source: IEEE History Center)

Arthur Edwin Kennelly, the son of an Irish naval officer, was born near Bombay, India, on 17 December 1861. After having attended a variety of elementary schools, Kennelly obtained a position as office boy with the London society of Telegraph Engineers (predecessor of the Institution of Electrical Engineers), where he remained for two years. He then left England, procuring practical experience in the field through such positions as assistant electrician in Malta, 1878; chief electrician of a cable repairing steamer, 1881; and senior ship's electrician to the Eastern Telegraph Co., 1886. Kennelly came to America in 1887 and joined the staff of Thomas A. Edison as principal electrical assistant, acting, in addition, as consulting electrician for the Edison General Electric and the General Electric Companies. He left Edison in 1894 to form, with Edwin James Houston, the firm of Houston & Kennelly, Consulting Electrical Engineers, in Philadelphia. Kennelly was retained in 1902 by the Mexican government to be in charge of the laying of the Vera Cruz-Frontera-Campeche cables.

That same year, however, Kennelly moved his main activities from the world of business to that of academia, serving as professor of electrical engineering at Harvard University from 1902-1930 as well as at the Massachusetts Institute of Technology from 1913-1924. In addition, he was an exchange professor in applied science to France during 1921-1922, a research associate of the Carnegie Institution 1924-1930, and the first visiting electrical engineering lecturer to the lwadare Foundation, Japan, in 1931.

Kennelly's contributions to electrical engineering were numerous. In 1893, he presented a paper on 'Impedance" to the American Institute of Electrical Engineers in which he discussed the first use of complex numbers as applied to Ohm's Law in alternating current circuit theory. He also later elucidated the use of complex hyperbolic functions in the solution of line problems. Independently of Oliver Heaviside, Kennelly proposed the existence of an ionized layer in the upper atmosphere, now known as the Kennelly-Heaviside layer, as the reflecting surface which made transoceanic wireless communication possible.

Kennelly was the recipient of the awards of many nations, including the IEEE Institution Premium (1887), the Franklin Institute Howard Potts Gold Medal (1917), the Cross of a Chevalier of the Legion d'Honneur of France and the AIEE Edison Medal (1933) "For meritorious achievements in electrical science, electrical engineering and the electrical arts as exemplified by his contributions to the theory of electrical transmission and to the development of international electrical standards."He was awarded the IRE Medal of Honor in 1932, "For his studies of radio propagation phenomena and his contributions to the theory and measurement methods in the alternating current circuit field which now have extensive radio application."He was an active participant in professional organizations such as the Society for the Promotion of the Metric System of Weights and Measures, the Illuminating Engineering Society and the U.S. National Committee of the International Electrotechnical Commission, and also served as the president of both the AIEE and the Institute of Radio Engineers during 1898-1900 and 1916, respectively.Kennelly died in Boston on 18 June 1939.

Kerry's Eye Editor "ashamed" of Michael Healy-Rae - Politics.ie

4 Apr 2009 ... I wouldn't exactly describe myself as a fan of The Kerrys Eye editor Padraig Kennelly, but he's opinon piece in last weeks paper about ...

www.politics.ie/.../34281-kerrys-eye-editor-ashamed-michael-healy-rae.html -

Daniel Kennelly, Editor - dkennelly@americasfuture.org Daniel Kennelly is editor of Doublethink Online and Senior Managing Editor of The American Interest. His reviews and essays on culture, politics, and foreign policy have been published by The American Interest, The Weekly Standard, The American Enterprise, Crisis, and Doublethink, and he is also a reviewer for Kirkus. He is a graduate of the University of Dallas (1998) and a member of Phi Beta Kappa.

Kennelly definition of Kennelly in the Free Online Encyclopedia.

At Rubber World Magazine, Dennis Kennelly, vice president of sales, has been promoted to senior vice president-associate publisher; Don Smith, editor, ...

encyclopedia2.thefreedictionary.com/Kennelly - Cached - Similar

JOHN KENEALY

was born in County Cork, Ireland, in October, 1838. At the age of fifteen years

he was employed as a clerk in a large dry-goods establishment in the city of

Cork. In a few years he was advanced to the position of buyer and commercial

traveler. In September, 1865, he was arrested by the British Government for

connection with the Irish National party known as the Fenian movement. He was

convicted and sentenced to ten years penal servitude for the crime of trying to

restore to Ireland her national independence. He served two years in the prisons

of Pentonville and Portland, England, and two years in the penal colony of

Western Australia.

Forced by public opinion, the British Government released the political

prisoners before the term of their sentences expired. Mr. Kenealy arrived in San

Francisco in January, 1870. Here he married Miss Hennessy, a sister of one of

his fellow compatriots. He became connected with a large wholesale house in that

city, as general salesman and manager of a department. In March, 1875, he came

to Los Angeles, with Mr. Richard Dillon, his brother-in-law, and engaged in the

dry-goods business, under the firm name of Dillon & Kenealy. After a very

successful business career, they closed out their dry-goods stock in this city,

three years ago. They have yet a store at Phoenix, Arizona. They have a fine

young vineyard of over 200 acres, from four to six years old, near Roscoe, four

miles above Burbank; also have large wineries and make their own wine and

brandy. They are also interested jointly and separately in other valuable real

estate. Mr. and Mrs. Kenealy have two children, a daughter sixteen and a son

fourteen years of age.

An Illustrated History of Los Angeles County, California – Chicago, The Lewis

Publishing Company, 1889 Page 524

Transcribed by Kathy Sedler

Archbishop Anselm Edward John Kenealy, O.F.M. Cap.

http://www.boards.ie/vbulletin/showthread.php?t=2055322156&page=2 John Kenealy

James E. Kenealy James E. Kenealy, a 43-year resident of Tomahawk Lake in Blooming Grove, died December 26, 2005 at Orange Regional Medical Center, Arden Hill Campus. He was 69.The son of James A. Kenealy and Marie Free Kenealy, he was born February 12, 1936 in Brooklyn, N.Y.A retired High School English Teacher for Washingtonville schools, he was also a Town of Blooming Grove Justice since 1980. He was the first registered Conservative to be elected to office in New York State. Mr. Kenealy was a graduate of Xavier High School in New York City and St. Joseph's University in Philadelphia, Pa. He received his Masters at Fordham University.He was an avid fan of fishing, boating and water sports with his grandchildren.He is survived by his wife, Mary M. McCafferty Kenealy, at home; four sons: Dr. James F.X. Kenealy and his wife, Vanessa, of Hopkinton, Mass., John Kenealy and his wife, Sandra, of Turner, Maine, Edmund Kenealy and his wife, Deborah, of Sudbury, Mass., and Terrence Kenealy of Newbury Port, Mass.; sisters, Karen Baker and husband, John, of Staten Island, N.Y., Anne Logan and husband, Joseph, of Staten Island, N.Y.; grandchildren: Andrew Kenealy, Diana Kenealy, Aidan Kenealy, Allyson Petit and Thomas Petit; and many nieces and nephews.Visitation will be held on Wednesday, December 28, 2005 from 4-6 p.m. and Thursday, December 29 from 2-4 and 7-9 p.m. at the David T. Ferguson Funeral Home, 20 North St., Washingtonville, N.Y.A Funeral Mass will be celebrated on December 30, 2005 at 10 a.m. in St. Columba Church, Chester, N.Y. Cremation will be private.In lieu of flowers, donations may be made to the American Lung Association, 35 Orchard St., White Plains, NY 10603, or Priests for Life, P.O. Box 141172, Staten Island, NY 10314.

https://www.findmypast.com/signin.action?keepTargetUrl=1

http://www.library.georgetown.edu/dept/speccoll/fl/f163%7d10.htm

Box: 10 Fold: 61 Anselm Edward John KenealyLetter(s) dated 2/17/1921

DESCRIPTION: Contains ALS from Anselm E.J. Kenealy, archbishop of Simla: "Many thanks for your two papers for the S. Times. I shall keep my part of the contract in due course & let you have a paper on "Pen Years in India"..."

Box: 10 Fold: 62 Elsie (Hope) KerryLetter(s) dated 6/24/1917-3/1/1918 DESCRIPTION: Contains 2 dated ALS, 1 undated ALS from Elsie (Hope) Kerry, wife of the 6th marquis of Landsdowne.

Box: 10 Fold: 63 Henry William Edmund Petty-Fitzmaurice KerryLetter(s) dated 12/10/1919-12/29/1930

DESCRIPTION: Contains 2 ALS from Henry William Edmund Petty-Fitzmaurice Kerry, 6th marquis of Landsdowne, to Shane Leslie. Reference to Dr. John Leslie of Torbert (ALS 12/10/1919): "It is curious there should have been two Dr. J.L.s living in Ireland about the same time. I thought when I wrote that Tarbert was in Scotland, but I see it is in Co. Kerry, which I should have known!..."

-Craig Kanalley

Founder/editor http://www.breakingtweets.com

http://www.craigkanalley.com

716-514-3445

FOREIGN MISSIONS.

Tablet, Page 28, 7th August 1920.

There was a crowded attendance at the meeting of the grouped Foreign .Missionary Societies—the Association for the Propagation of the Faith, St. Joseph's Foreign Missionary Society, the White Fathers, Holy Ghost Society and Holy Childhood Society. Bishop Neville, Vicar-Apostolic of Zanzibar, occupied the chair, supported by the Archbishop of Liverpool, the Archbishop of Simla, the Bishop of Brentwood, Bishop Hanlon, and many of the clergy. Interesting particulars were given, in a paper read by Father Parscns, and in addresses by Archbishop Kenealy and others, of work and needs in the mission field abroad. We hope to print later a selection from the papers read at the missionary section of the Congress.

http://archive.thetablet.co.uk/article/7th-august-1920/28/news-from-the

TABLET:

Page 26, 28th June 1913

28th June 1913