US AID Global Development Alliance September 13, 2005. U.S. Total Flows to the Developing World in 2003. Source: Bureau of Economic Analysis; Conference Board; Foundation Center; Faith Based Groups; and USAID Internal Estimates. Why a Global Development Alliance ?.
USAID Global Development Alliance
September 13, 2005
Source: Bureau of Economic Analysis; Conference Board; Foundation Center; Faith Based Groups; and USAID Internal Estimates.
Why does USAID see the need to do business differently?
~290 alliances Agency-wide
Over $1.1 billion in USAID funds
leveraging over $3.7 billion in partner resources
In Latin America: ~62 alliances
Over $103 million in USAID funds
leveraging over $251 million in partner resources
To make university education available to low and middle class studentsAlliance Spotlight: Laureate Education
$5M in student loans
20% of students’ tuition
placed in trust
Laureate/Universidad Interamericana de Panama
Goal: Train youths in ICT skills to equip them for the 21st century workforce
Alliance Spotlight: Remittances for Economic Growth Alliance
Goal: Lower remittance transaction costs and create broader access to financial services