How to put $2 billion in the hands of entrepreneurs around the world
Without spending U.S. funds
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.
USAID has collected more in fees from banks than it has paid in claims.
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: August 05, 2015