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:
“You can hardly convince a man of an error in a life-time, but must content yourself with the reflection that the progress of science is slow. If he is not convinced, his grandchildren may be. The geologists tell us that it took one hundred years to prove that fossils are organic, and one hundred and fifty more to prove that they are not to be referred to the Noachian deluge.”
—Henry David Thoreau (1817–1862)
“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)
“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)