As a graphic designer, I love infographics and the beautiful madness of communicating a complicated story through simple graphics and charts. I just helped develop one for USAID’s brilliant Development Credit Authority (DCA) team. The best thing about this one is that it’s not just an allegory about how their program works. It’s a true story, and I got to meet all the characters.
What’s incredible about this program is that more than 98 percent of loans have been paid back in full. After participating in USAID’s guarantee program, banks often realize the profitability of lending to people like Abe. As a result, lending has been opened for tens of thousands of borrowers around the world without a guarantee. Since USAID started the DCA just 12 years ago, $2 billion in private, local financing has been opened up for more than 100,000 entrepreneurs in 67 countries around the world.