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:
“The real grounds of difference upon important political questions no longer correspond with party lines.... Politics is no longer the topic of this country. Its important questions are settled... Great minds hereafter are to be employed on other matters.... Government no longer has its ancient importance.... The people’s progress, progress of every sort, no longer depends on government. But enough of politics. Henceforth I am out more than ever.”
—Rutherford Birchard Hayes (1822–1893)
“There is no greater impediment to progress in the sciences than the desire to see it take place too quickly.”
—G.C. (Georg Christoph)
“The State must follow, and not lead, the character and progress of the citizen.”
—Ralph Waldo Emerson (1803–1882)