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US AID Global Development Alliance September 13, 2005

US AID 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 ?.

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US AID Global Development Alliance September 13, 2005

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  1. USAID Global Development Alliance September 13, 2005

  2. 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.

  3. 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

  4. What We Offer Each Other USAID Partner • Funding • Development expertise • Long-term in-country presence • Network of local and global partners • Policy influence • Funding • Skills, services and expertise • Technology and intellectual property • Activity design better connected to market realities • Markets and purchasing power • Synergies resulting from joint efforts

  5. 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

  6. Goal: To make university education available to low and middle class students Alliance Spotlight: Laureate Education $235,000 Loan guarantees $5M in student loans Banvivienda 20% of students’ tuition placed in trust USAID Laureate/Universidad Interamericana de Panama

  7. 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

  8. 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

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