Development Credit Auhtority

USAID Development Credit Authority's 2011 Impact Brief by Morgana Wingard

USAID's Development Credit Authority (DCA) unlocks existing local wealth and puts it to work for development. In their 12 year history of issuing credit guarantees, DCA has worked directly with more than 200 local private financial institutions, reaching more than 100,000 credit-worthy, but underserved borrowers. In 2011 they established 37 guarantees that will mobilize an additional $200 million in commercial capital in 21 countries.

I recently traveled to Uganda and Ethiopia to meet several of DCA's borrowers who are using their new access to capitol to expand business, hire more employees, and build new facilities among other things.  They are building their local economies, increasing food security, and providing local needs like clean water and jobs.  This brief is one of the 8 communication products we've created from that 9 day trip.  It's amazing what you can do with the materials from only a week on the ground!

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