In Bangladesh, hundreds of entrepreneurs have been given fresh starts and second chances, pairing up with USAID-supported local banks to receive the loans that have never before been available.
Tag archives for DCA
Loans in Bangladesh: Stories of Change
Development Financing “Sea Change” Drives Real Change
Read a USAID employee’s first-hand account of the difference even a small amount of credit can make in the life of an entrepreneur in the developing world. USAID is proud to scale this work through our Development Credit Authority.
Getting it Right: Using Real-Time Data to Inform Smarter, More Responsive Aid
In this era of unprecedented connectivity, the private sector excels at using digital data to better understand its customers. There is opportunity for our and other organizations involved in international development to use the analysis of digital data to better understand the real-time needs of populations who benefit from their programs. The United States Agency […]
How USAID is Putting Local Wealth to Work
In the 1960s, during USAID’s founding decade, official development assistance represented 70 percent of all capital flows to developing countries. Today, foreign aid makes up just 13 percent, having been replaced over time by trade, investment, and other sources of private capital. This changing landscape means our impact can be even greater. Rather than using […]