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 progress of society is mainly ... the improvement in the condition of the workingmen of the world.”
—Rutherford Birchard Hayes (1822–1893)
“The human race is yet in its infancy—no, not infancy; infancy is innocent and sweet—it is in its ugly boyhood, half way between the child and the man—in a state of semi-barbarism.”
—Anonymous, U.S. magazine contributor. Herald of Progress (no dates available)
“All progress is based upon a universal innate desire on the part of every organism to live beyond its income.”
—Samuel Butler (1835–1902)