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:
“pity this busy monster, manunkind,
not. Progress is a comfortable disease:”
—E.E. (Edward Estlin)
“Innocence is lovely in the child, because in harmony with its nature; but our path in life is not backward but onward, and virtue can never be the offspring of mere innocence. If we are to progress in the knowledge of good, we must also progress in the knowledge of evil. Every experience of evil brings its own temptation and according to the degree in which the evil is recognized and the temptations resisted, will be the value of the character into which the individual will develop.”
—Mrs. H. O. Ward (1824–1899)
“The progress from an absolute to a limited monarchy, from a limited monarchy to a democracy, is a progress toward a true respect for the individual.”
—Henry David Thoreau (1817–1862)