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:
“Today, the notion of progress in a single line without goal or limit seems perhaps the most parochial notion of a very parochial century.”
—Lewis Mumford (1895–1990)
“Let me live onward; you shall find that, though slower, the progress of my character will liquidate all these debts without injustice to higher claims. If a man should dedicate himself to the payment of notes, would not this be an injustice? Does he owe no debt but money? And are all claims on him to be postponed to a landlord’s or a banker’s?”
—Ralph Waldo Emerson (1803–1882)
“There is no greater impediment to progress in the sciences than the desire to see it take place too quickly.”
—G.C. (Georg Christoph)