Transcript Document 7924846

USAID Global Development Alliance
September 13, 2005
U.S. Total Flows to the Developing World in 2003
Source: Bureau of Economic Analysis; Conference Board; Foundation Center; Faith Based Groups; and USAID
Internal Estimates.
Why a Global Development Alliance ?
Why does USAID see the need to do business
differently?
• Respond to a changing global environment
• Increase USAID’s effectiveness and impact in meeting
development objectives
• Leverage additional resources for development
activities
• Improve the quality of partnerships
What We Offer Each Other
USAID
Partner
• Funding
• Funding
• Development expertise
• Skills, services and expertise
• Long-term in-country
presence
• Technology and intellectual
property
• Network of local and global
partners
• Activity design better
connected to market realities
• Policy influence
• Markets and purchasing
power
• Synergies resulting from
joint efforts
Alliance Summary FY02-04
~290 alliances Agency-wide
Over $1.1 billion in USAID funds
leveraging over $3.7 billion in partner resources
In Latin America: ~62 alliances
Over $103 million in USAID funds
leveraging over $251 million in partner resources
Alliance Spotlight:
Laureate Education
Goal:
To make university education available to low
and middle class students
$235,000
Loan guarantees
$5M in student loans
Banvivienda
20% of students’ tuition
placed in trust
Laureate/Universidad
Interamericana de
Panama
USAID
Alliance Spotlight:
Entra 21
Goal: Train youths in ICT skills to equip them for
the 21st century workforce
Entra 21 Partners:
• USAID
• International Youth Foundation (IYF)
• IADB
• Several technology companies
including Microsoft and Lucent
Results:
• Programs in 16 countries in LAC
• >10,500 jobless youth have been
trained; many have found jobs
Alliance Spotlight:
Remittances for Economic Growth Alliance
Goal: Lower remittance transaction costs and
create broader access to financial services
Partners:
• USAID
• World Council of Credit Unions
• Mexico’s Credit Union network
Results:
• >25,000 remittance transfers (~$11 million) sent
through alliance
• Lower costs and industry-wide competition led to a
50% reduction in transaction costs