Progress
Less than 18 months after its inception, the PEF had disbursed more than 5,000 loans. Within three years (2004), approximately 10,000 young adults had received loans from the fund. By 2007, the numbers had climbed to 27,000 students in 39 different countries, and in late 2009, it was announced that over 40,000 people had received loans through the program.
The Perpetual Education Fund has made loans to students in more than 40 countries, including Bolivia, Brazil, Cambodia, Chile, Mexico, Mongolia, Peru, the Philippines, India, Fiji, Tonga, South Africa, Ghana, and Nigeria.
Read more about this topic: Perpetual Education Fund
Famous quotes containing the word progress:
“Letting a hundred flowers blossom and a hundred schools of thought contend is the policy for promoting the progress of the arts and the sciences and a flourishing culture in our land.”
—Mao Zedong (1893–1976)
“The progress of freedom depends more upon the maintenance of peace, the spread of commerce, and the diffusion of education, than upon the labours of cabinets and foreign offices.”
—Richard Cobden (1804–1865)
“come peace or war, the progress of America and Europe
Becomes a long process of deterioration—”
—Robinson Jeffers (1887–1962)