- What We Do
- Agriculture and Food Security
- Democracy, Human Rights and Governance
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- Ending Extreme Poverty
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How to put $2 billion in the hands of entrepreneurs around the world
Without spending U.S. funds
MEET ABE. HE CAN’T GET A LOAN.
Abe lives in Ethiopia and wants a loan to build a poultry farm. His local bank has the money but prefers ultra safe investments.
USAID provides business guidance to Abe and shares risk with the bank if Abe cannot repay his loan.
ABE GETS A LOAN TO BUILD HIS FARM
ABE’S FARM BENEFITS THE COMMUNITY
- Increases local food supply: Abe’s farm produces over 5 million eggs a year, equal to the amount of people in Ethiopia’s capital.
- Supplies clean water for community: Over 200 households now have free access to Abe’s well.
- Creates local employment: Abe increased his employees from 20 to 50.
- Provides educational opportunities: Abe can now afford to send his two children to a better school.
ABE PAYS BACK HIS LOAN, JUST LIKE 98.25% OF USAID-SUPPORTED BORROWERS
USAID has collected more in fees from banks than it has paid in claims.
EMPOWERING PEOPLE LIKE ABE AROUND THE WORLD
After participating in USAID’s guarantee program, banks realize the profitability of lending to people like Abe. As a result, lending has been opened for tens of thousands of borrowers around the world without a guarantee.
DCA has facilitated $2 billion of credit for 100,000 borrowers in 67 countries around the world.
Last updated: October 08, 2013