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:
““... A nation has to take its natural course
Of Progress round and round in circles
From King to Mob to King to Mob to King
Until the eddy of it eddies out.””
—Robert Frost (1874–1963)
“War contains so much folly, as well as wickedness, that much is to be hoped from the progress of reason.”
—James Madison (1751–1836)
“[O]ur people are steadily increasing their spending for higher standards of living ... the slogan of progress is changing from the full dinner pail to the full garage.”
—Herbert Hoover (1874–1964)