AN ANALYSIS OF SMALL BUSINESS LOAN GUARANTEE FUNDS

Small businesses are considered important engines for job growth and economic development by policy makers worldwide. One of the most commonly cited constraints of small businesses is a lack of access to capital. To address this constraint, small business loan guarantee programs have been established in over 100 countries. There are a variety of types of guarantee funds, with the most significant differences being which borrowers are eligible for guarantees, and how borrowers are approved for guarantees. There is currently no clear delineation between types of programs and the economic conditions they operate in, though some trends are becoming apparent. However, these trends may not be leading to the best economic outcomes possible. By better matching the structure of the guarantee fund to the economic conditions it operates in, the program’s success in meeting economic development goals may be greatly improved. Many programs in developing countries may not be taking advantage of bank expertise and may be limiting the scope of their effectiveness. At the same time, programs in developed countries may be wasting resources by scattering their efforts too thinly and subsidizing less competitive firms to the detriment of local economic development.

Sulfate Mineral Paragenesis in Pennsylvanian Rocks and The Occurrence of Slavikite in Nebraska

The acid weathering of pyrite-bearing Pennsylvanian clastic sedimentary rocks in southeastern Nebraska locally produces the secondary sulfate minerals alunogen, copiapite, epsomite, felsobanyaite/basaluminite, gypsum, halotrichite, jarosite, rozenite, and slavikite. Of these mineral occurrences, four are first-time discoveries in the state or the surrounding region. Slavikite (NaMg2Fe5 (S04)7 (OH) 6• 33H20), which has been reported only once before in North America and from a handful of sites in Europe and South America, was found in abundance at an outcrop at Brownville, NE. The pH values in 1:1 solutions of deionized water of the studied minerals, excluding epsomite, range from 1.94 to 4.82. Therefore, segregations of secondary minerals in themselves are significant microenvironmental reservoirs of acid that can be mobilized during precipitation events. Because of its role in liberating and concentrating ions such as Al3+, Fe2+, Fe3+, Mg3+, and SO42-, acid rock weathering should be considered in local to regional assessments of surface-water and groundwater chemistry. Observations also suggest that rock weathering by the growth of sulfate salts is a potential factor in local hillslope development, one that has not previously been considered in the study area.

An Artesian Well System in Beaver Crossing, Nebraska- It's Development and Demise

ABSTRACT Nebraska has a veritable wealth of groundwater. The High Plains Aquifer underlies most of the state, and within its sand and gravel deposits, many interconnected aquifers provide fresh water for a variety of uses. One of the most spectacular examples of this resource is the artesian well. Beaver Crossing, Nebraska was once home to one of the most prolific artesian systems in the state before its demise. Founded in the 1880’s, Beaver Crossing soon became known for its many artesian wells, that provided leisure activities and supported profitable business ventures such as small farming, ice production and aquiculture. Eventually these wells would dry up and the town of Beaver Crossing would never see the level of commerce and activity that it saw during its early years. I decided to research this subject because I lived in Beaver Crossing for twelve years. While I lived there I heard stories about the artesian wells, the nationally recognized lily pond, and the large public pool fed by underground water that was plentiful around town. I was interested in knowing what happened to the water, the wells, the pool and businesses. . . And, in the wake of their disappearance, what happened to the town. To research this topic I looked at accounts of the history of Seward County and Beaver Crossing. I also studied the basic geology underlying the Great Plains, as well as local geology and issues pertaining to groundwater levels, such as rainfall amounts, drought and irrigation. As irrigation became a factor in rural Nebraska and through several documented droughts, groundwater levels all over the state declined. At the same time the artesian system in Beaver Crossing all but disappeared.