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Spring 2012
As we welcome the Spring we are also welcoming USAID's first-ever Field Investment
Officers [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kpJeTR8u0ABpXe5DN5LkkAkkl7Yzj6EtzED2EnKSA2SDFAaonlGZSww6a9J2b_ppU4ZkJ8CV6j7tVmnZ0AR_asfvmw4zbS3As3VoKJhi3_x0_DTuuMp3MtZ10xonwEE3_FJycGpRnNt3SZUfPMBIkJjcjU5BJ2qfc=],
new friends on twitter [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kpcuOGgsN21CQX9tBenVlBrHkrFDtIVea00_htFCv7rLXtuTDymXUOPaWKfRI45vKDVEf1c7yHEJwGEF1SkAbIQKSa6YtJi241GN3ZGD6CG_LD0H3Vi-Tj5VzwLjb-7R8=]
and facebook [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7meSnxxNaoIk8HNvX9VtbmJo6E8W5JknuySz9nlHqXRKSpcuYL8VRrChh1-JldTy3wI5CYvxLljI4aLlAd0S97kJhJkU8sRWjdE9oOjjjUcvmGg6tUrAOVf],
and the 1200 entrepreneurs who already received a loan so far this year thanks to
USAID's credit guarantees. We are also pleased to launch our 2011 Impact Brief
[http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7ny27SUmTBYl2lHuAvxnZrrbuvTzIvD_up-xyTUrrizgcwQ2LEZxDfoa0ZVl6ChAd8hM-mUselWVktJfcD4YZxZWXl3gpANcC1q029WvroqrI87AFxztVOiY7hy2HgF2Vv0OI7rrfg3byKktCIFn2Bg8koOiZ7su2nhWXiNwDWqh7iQccRJ0h5G_MCfdstyCZM=].
We encourage you to stay in touch and reach out to us directly [mailto:developmentcredit@usaid.gov]
with any ideas for new partnerships or transactions.
Visit us online [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7nHrohS_juTmnqNb-BVcABZTIDVbZZFZBSu9kWK3jocv3Vd_9e7bDrqXGJypXOvs3Oz0fPgCaMtGAipD9BSixN0KZAr0gxzoN1gOQXiTOC3kCk_tpf6mUMEzpRllWEpNOGzOoRI1j9rVONWRQMqpKbna7zuE0TCseYwcLObPz23Irhd-gdT_b9M]
Visit us on Twitter [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7l7pISTvMi6_LfWqOOADR1eG-_1CJC5BeHxXa12JoaMMRQTg7HZxfOdv2ChJwfKusDKOuefPoRZUfMRm4OW3O6URUSEnlN2HJGfscmFAXhaFjqRu3QFRo1T]
Visit us on Facebook [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7meSnxxNaoIk8HNvX9VtbmJo6E8W5JknuySz9nlHqXRKSpcuYL8VRrChh1-JldTy3wI5CYvxLljI4aLlAd0S97kJhJkU8sRWjdE9oOjjjUcvmGg6tUrAOVf]
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D [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7liwTV8Oy8WP2Xa6YucSengBIl3EcTQZzChnbY_KCxeQpfH43vdDK1QbHslz99zIJKw4RYakE6UUD-nCBqCm6dZKCBwUhjhcxihe22JUyIInjmrEbyCbu7ack7VXPhhWb5oJuLbT89zVcdWAqJ5zRrCD436DFX-Gp_r98Cz1njJN81sEB_a2T79I0F6csdyqtE=]CA
Impact Brief 2011
2011 Impact Brief [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7ny27SUmTBYl2lHuAvxnZrrbuvTzIvD_up-xyTUrrizgcwQ2LEZxDfoa0ZVl6ChAd8hM-mUselWVktJfcD4YZxZWXl3gpANcC1q029WvroqrI87AFxztVOiY7hy2HgF2Vv0OI7rrfg3byKktCIFn2Bg8koOiZ7su2nhWXiNwDWqh7iQccRJ0h5G_MCfdstyCZM=]

Read our Impact Brief to learn about our activities in 2011. [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7ny27SUmTBYl2lHuAvxnZrrbuvTzIvD_up-xyTUrrizgcwQ2LEZxDfoa0ZVl6ChAd8hM-mUselWVktJfcD4YZxZWXl3gpANcC1q029WvroqrI87AFxztVOiY7hy2HgF2Vv0OI7rrfg3byKktCIFn2Bg8koOiZ7su2nhWXiNwDWqh7iQccRJ0h5G_MCfdstyCZM=]
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Borrower Profile
DCA's 100,000th Borrower [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7khFULer59s2OYu7xRImlJ9jMs0wRHNHb5lAId9MtWwumi2dJ5y2jL-keLdJ2IIiOjaVVIDJuBU4coRuq6Xmjws8BW0qbSKPZPn40IFPgO6D1JucNN__kAA4Jbtf_qxew10_XoZPDBuJRwOsg9A895g]

Thanks to a USAID-backed credit guarantee with a private bank in Uganda, Hannington
and Justine qualified for a loan for an irrigation system.
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What's New

USAID Annual Letter [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7moNZknpmkCBApYCSQdJGPYnq9h21lzQDWWL4XadESWww2JOgSXeq2gnQgzl3t-tFSWXShuTQ4jlxADjDUvSuxaE9zLD9OgZU6rliN3vGnzxjX-TvZbic-covz3ufRquZdgOArmkktA23qlLU2GgmzfSb9ZJHge2RvXkVfZYYBUt5YutEBUBxKwpRsLPApxd_IlH-HWEPuucGTHEsVwFPsm]
USAID Deploys Field Investment Officers [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kpJeTR8u0ABpXe5DN5LkkAkkl7Yzj6EtzED2EnKSA2SDFAaonlGZSww6a9J2b_ppU4ZkJ8CV6j7tVmnZ0AR_asfvmw4zbS3As3VoKJhi3_x0_DTuuMp3MtZ10xonwEE3_FJycGpRnNt3SZUfPMBIkJjcjU5BJ2qfc=]

New DCA Website [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7lWn6uB2AvTXM5ygNlJUTveO3mGtEQ6d3ewXxQJCyuY4szOxB036HyseDhhtQhscTrdnLUuwTAE4KpG20iKkbXv78zdD2CY1-E6Uoe6AElWVgd34E5PteYBsEr2Phr9VEMdYlkkVbbAIZ4JW5PWu196iC_ZxaeZ0TaEqVvKL6FToExflXwNTOtI]
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Faces Behind DCA

Chris Powers [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7nJvGPkpkq2UQa5qdhXes8i7DTEsJiKAkgEnToa9cteZeOQJJbTgxU9t0FtOY7NJRHjdgBhir7RZGBWxrP_Dy7jRUHZmpabFQkr6q1Ypnmw12FtidVzzBDWdUHNPsdynNrjqen6hKjFmQ5zdq8Frlh2XaaR3I4yJGe0Frlp_xMhRvELCHiK1aztRs3bObRHjpcRbyFbOjWOPg==]

Field Investment Officer

Learn about Chris. [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7nJvGPkpkq2UQa5qdhXes8i7DTEsJiKAkgEnToa9cteZeOQJJbTgxU9t0FtOY7NJRHjdgBhir7RZGBWxrP_Dy7jRUHZmpabFQkr6q1Ypnmw12FtidVzzBDWdUHNPsdynNrjqen6hKjFmQ5zdq8Frlh2XaaR3I4yJGe0Frlp_xMhRvELCHiK1aztRs3bObRHjpcRbyFbOjWOPg==]
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Development Finance News
News/Blogs
How USAID is Putting Local Wealth to Work [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7mne2YfARx4LcJCZ-rSkA9SK4nCHMouu5Y8zHtcznCxBJQA-d6KXjkaiesnnmcYs2AjLsjOzn_MwvWj6GuglCu9t8MJWWYSPxca3jo6T6C3XPQjmp2aMupy2tjxrswpP_Wp9KCq6sCZdh4CrBYkHIF3B6Jkl1rLDphcVy_2CgQ29opcVSRPuCeG]

The Argidius Foundation and the Aspen Network of Development Entrepreneurs announce
finance challenge to stimulate small businesses in emerging markets [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7mz5kb3v7lBJ2vhAzQckQuDraCOi5KPoBUuY_Wb6SX909WbqkRE-fM663A-82F7k6-ppDDa-TkLTtJw0fIqf1BNnVuBwe6lR8QH1qY_PeVL_SR1Lx81OaIRn4VORpovHBUWWKqEM6Ss-TejIlXQN4zxP0wxwmXVKPvqwk3kc5T9S4WmC6GPX4_OkJiv76sUFI9hyIJEnZXRBxS1-BKTilkHvxQmA92MQIuEbCUQZAjLWdMz10BeHrgTP-PRSCxBFHIT95aVtcWyXtCgFcBgHM-T]

Playing with Fire: Financial Innovation and Social Impact Bonds [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7n6BxJKFmq1CUOMw9DRP4CDfJIuxdV149Suu0Ejxu4ML7zZx4oAQtFltmVljoHd4LmdYoODbzSIXj6NN1l16PUhZ58oLEL8mKpIIN8VIcgzND7CurR3_Rjlsc8K2jEGUw8=]
OPIC and AGF Partner to Expand Small Business Lending in Afghanistan [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7nLvE_NEIuA6E_MNQe1qilQ_F9MzUWEFuVqYyym07sK3zHvSoxqrdrgtC1GhKKKzEZ2-T80BlFyB4hOYxdVXmH-UPbdYGiUu7589M2dM_d7cV_VtEcrAxszs5HR6eWXfp_jy1zF_O0RmxdFWLdHlhkV]

Aspirations for Financial Inclusion in Africa [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7lRMU_s3BX4Lzf_s-A5TlM1KDFSjObuHKjgxo-WRDMNwS1re_FRW6MRNgQjX8nsG5X3WMepgwbo3fczhH_Hr6d9wQ8zBJUQv0L1_05GKBZfB5RwQBlUCoho32az2qLdeydPNYApH9s0ooOUXGdf8syielPepZ-kYH7MqLFhatxmvpmAuswhI037MPfb4NX1rlQ0geRl6PRShA==]

Microfinance: Possibilities and Limitations [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7ncYSRWx9KVc1mXDwZIXIIJE0b-55aHdzTA_Y10kuBpLATdc83TbAg99Oz9K4x8OSaHlllTY4qEH7kYsws24iH8BQB9xcF4xHX7X5YCn94l7vNsanBagdkKx4W9zKtZHVF2SdgeyEX2DlnDVHbUjr3rmA21TXxLsK3ZoQ0rdkep_RthCBvU6gL-lnD4CNBlmuBZ1VIwCoL-6w==]
Papers
Assessing the Role of Government-Led Microcredit Alternatives [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7m26eUBbhKE2pbMP1g8e5tZmpecY5C3DBHhAazdlS3l6LP1v9IeYFUcGGXfgpk3YU_Yjjwf3ntq_EhnvsFqQzhV6hJrjf2MT2f4Ne_eVWqKHp3p8eQ3GEATmIAIwR6JDAmeJOhPfWOpc9ZiMrokNnCpF71Fi3C86xVFQkbfWFDweVyVFUDo_VWf2ksTBXHT7SIyWuKmdmS8mFaGN58jis-MsmaGHTNn-3EkNJ4Od9fhj1lr7FB-JdEzx8Mj7Os9CBhJZe2MfHqZPghg4601mOxY]
- World Bank

Support to SMEs in Developing Countries through Financial Intermediaries [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7mbNHvGIJgR25z2fYvSEJ12RAO4o5ppYvcfL348hNjX5wmXiQimqJvZw-KK93PzbRANlb0OBuTI8Bw5MPVhtWKT-3CQfF8wizpGFzUKyhMGX-6_ihn5kXIbcCyhCJDISmv13iF_AhddvQSHTveVy5f1UX9j3SUJzdg=]
- Dalberg Global Development Advisors and the European Investment Bank

Impact at Scale: Policy Innovation for Institutional Investment with Social and
Environmental Benefit [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kr-lwVrOlh5MSzGImlo6dvs-zWOFoyPvI-cSbUuPUszqbgd6q6bvCsgZJ78mh1a6AsPpRc5MVT0cUlmOUaSj_J2PBv4YFQMZR71CBAMLVLzzHTgFZ1x8lxl7JDFBYlLuTWo5Qr9pEe5Z6_-dVJQWfHoJqDx1CLHmmZh1k0mBpOcvbd7eeZ2D52TSduNcP5LKGlVDQuMJxe8ng7YFfiFB7d]
- The Global Impact Investing Policy Project

How International Remittances Affect Financial Inclusion [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7lZ7IlOmbVnsf707DK5PfiHn0_eb9BNC1SJIukXFEgJp4htx0eFBp2Q3LeCHwMqma1BoVcMPENXpVumHQJrXeQ_wEDQTiIVr3ZBAXE2r1Xd4irXMNj7DqZz3CBup5pjvhD6QkEJAO4ecH7HtxZpinW_Yjzgn9XpJAXfSG4DZm4PZ-X17OcgfhG4DASpxJ48zk4Sv4_xW806nZx8ngYyCjd_35qbTpPgiQCb-9QYAO60vWoiiIVQblEW8MYb-wiADS7HARv1j1j356dgI1bVn5Y5]
- World Bank

How Social Impact Bonds can Mobilize Private Capital to Advance Social Good [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kFx2ciYZyAX_rVHvysa7arca1Lji9fOyjHtvDYymKnMRztymK_frqpdD5Xztbf-2ks0D6bLes33njyt52FlzYr1adF--o6zJmDWorJG6fFpzah0SnkhePYy5BwOWMJO5vltQBEQysy87zv8OQH3hpGsZZs6dqXCw-kUKSQV9H99zA6hB3EDJNwrgfQ6XjW-X9q5FXpu7I_f6l20Rlleogp]
- Social Finance and the Rockefeller Foundation

How Social Entrepreneurship is Redefining the Meaning of Return [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7miC0j-aDoZ0eR_V2QugVc8ricTF6KDnF9ogdRykDBK6UXWSgX2QYW-ocbaqs_HFp9Gheh5Zz2BVr1a9ILoDooQofF8g_dSg7Is-Tnjv1virpr0-RTYSWDKK0VnozeZGWGlESmiwT_nmiPmWWnEXHFOI9el5NZBCUaxofwVeEJnj-W_F7KxVE_Y7FXmNnJ_Z4qiRJjtBi7hrPkO1odVPimZ]
- Credit Suisse Research Institute
Events
Sustainatopia [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kgvyg4Am-_8FLVW3Dbgz2abLjdVn5vZ5GP_FL6_dT3FLjVA7RQM9mRbBZdEf4H7ssL-wJVxtVCqVWYI68A9tLRO4lKICcVaGbYrNxfaNQ8LQ==]-
April 2012, Miami

World Economic Forum on Latin America [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7nDuRIxZVflwznJ_ttpcaQngh6GKP17eoX1LdVbQvctUpG9q63t8i58xhJm8Ts8SEusWoXzEwWcKn9QjIwUGcLXI5addohnr5eSak2AcuCEzlCc5P9jMPsdp6pUs4YPF4CnYx_kyljJSrJbqHI7WTL32DxYqUoLeFNaVnAc40p9GA==]-
April 2012, Mexico
World Economic Forum on Africa [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7nIQJXcrsr7cH2fI5mHqZ3GHvfBLtWYMYfx10PAzTZ4hTh42YD-gjVh2muGhHu_N-bV_oJCo22tbreeOzkqHkcEpgU26VQ9aV3KMjKE3fIy1ow6zpDoNISsRbvTJeak51o6R6RM35GQ-ijNJ1wsLhqMvgfdP0jAOo8=]-
May 2012, Ethiopia

SoCap: Designing the Future [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kvuB_5LKm-ocsbtpCTORAZtoarYINRlrPctU6vBR1eQM3SHAJnnN59LEKlQeBO4D8NRSem5CbaZYhPPvk7RI0oL_vfJIUnzU5AdkdgHZQCny18Ud8d33nVmPdrYgm92S6rtac0IW-EJLyB6ip_6Y4T]-
May 2012, Sweden

Cracking the Nut [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7ls6fqKg2V976pe-AaWegDhR6daLdoFjUl4PNE90fJVS-lm04L-rXOfbN9gICBh_qjgxtAxhZaJzUC0DfVDQUUFpp8yS7TAtsbMX9qfyVdNl9rK63xfBU7YkoBdKmkXg94=]-
June 2012, Washington, DC

SoCap12 [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7kdIK-EsK8xE-Rh2NeRbjh_59qqP4gN3fCAWBrVw5sTMibC4KRIM4MWXVyx9L8zMswDM0g6JeuC1DEtTKOe5xFDYVD29FSBypyYpBtyz7hlqpxjB_mXTX7onNnGgSQY7mI=]-
October 2012, San Francisco, CA

Social Enterprise World Forum [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7lAOwEtxAQdFUzh0oKRNjrInnHngPEi5CLBocJW6pLPeMxHkFlzq_f1YSOqoiZRba4jLmfYSmgpOCwEexj4BdWoMxu5Xewp9ZrS8NspYFrIQw==]
- October 2012, Brazil
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Learn how DCA works
Launch the Infographic [http://r20.rs6.net/tn.jsp?e=001mtp12MGTw7nl855MX2ulvtexc_iQFTBfgeGgzLbN-Gb1C0hFE2EPN-oJO0FLbc2kfZyLhvgaKChuWgVtRi2o1tOlP6K9uCH-ZudmIsclBLLTbOwMWkE53ya8dBxe08ux8yzDDLlVlarZikv7lBVFn8uUj3clnu-qIordQMjD8DVPuRvrTJ0H1AyHov_o2PwyOL8FsD2e-1ERBGpCycyEdg==]
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Have an idea for a partnership or transaction? Contact us. [mailto:developmentcredit@usaid.gov]
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USAID Development Credit Authority | Putting Local Wealth to Work | Washington | DC | 205