
A review of USAID’s top news highlights for week of April 1, 2013. Read more >>
By Gregg Rapaport, Development Outreach and Communications Program In a packed and conversation-filled room in northern Tanzania, the wheels of microfinance are spinning – quietly and efficiently, yet furiously. Every week, this group of people owning and running small businesses worth less than $700 comes together in Arusha to make payments on microloans received from [...]
By Paige Alexander, Assistant Administrator, Bureau for Europe and Eurasia Today, I hosted a ceremony in Washington with the Board of Directors of the Albanian-American Enterprise Fund (AAEF) to celebrate the return of $15 million to American taxpayers. The Albanian-American Enterprise Fund was established in 1995 with a $30 million grant from USAID to assist [...]
Submitted by Angela Stephens Last month, USAID sponsored the First Southern Sudan Microfinance Conference, giving experts and practitioners an opportunity to exchange views about how to build the sector, which is still in its infancy in southern Sudan. In 2003, when USAID helped establish the Sudan Microfinance Institution (SUMI), there were no financial services of [...]