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:
“In our personal ambitions we are individualists. But in our seeking for economic and political progress as a nation, we all go up—or else all go down—as one people.”
—Franklin D. Roosevelt (1882–1945)
“In the progress of politics, as in the common occurrences of life, we are not only apt to forget the ground we have travelled over, but frequently neglect to gather up experiences as we go.”
—Thomas Paine (1737–1809)
““... 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)