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- Development_Credit_Authority abstract "The partial loan guarantees of the United States Agency for International Development (USAID) allow it to use credit to pursue any of the development purposes specified under the Foreign Assistance Act (FAA) of 1961, as amended. The Development Credit Authority (DCA) is the tool that provides USAID Missions the authority to issue loan guarantees to private lenders, particularly for loans of local currency. These guarantees cover up to 50% of the principal in loans to projects that advance USAID’s international development objectives. However, they do not cover lost interest income.In addition to mobilizing the financing of specific projects, partial guarantees help demonstrate to local banks that loans to underserved sectors can be profitable. This fosters self-sustaining financing, because lenders become willing to lend on a continuous basis without the support of guarantees from USAID or other donors. Partial guarantees are a powerful catalyst for unlocking the resources of private credit markets to spur economic growth while advancing development objectives.".
- Development_Credit_Authority wikiPageExternalLink development-credit-authority-putting-local-wealth-work.
- Development_Credit_Authority wikiPageID "29308124".
- Development_Credit_Authority wikiPageRevisionID "581475597".
- Development_Credit_Authority date "March 2012".
- Development_Credit_Authority hasPhotoCollection Development_Credit_Authority.
- Development_Credit_Authority orphan "October 2010".
- Development_Credit_Authority reason "see talk page".
- Development_Credit_Authority refimprove "March 2012".
- Development_Credit_Authority subject Category:United_States_Agency_for_International_Development.
- Development_Credit_Authority comment "The partial loan guarantees of the United States Agency for International Development (USAID) allow it to use credit to pursue any of the development purposes specified under the Foreign Assistance Act (FAA) of 1961, as amended. The Development Credit Authority (DCA) is the tool that provides USAID Missions the authority to issue loan guarantees to private lenders, particularly for loans of local currency.".
- Development_Credit_Authority label "Development Credit Authority".
- Development_Credit_Authority sameAs m.0ds7pz7.
- Development_Credit_Authority sameAs Q5266683.
- Development_Credit_Authority sameAs Q5266683.
- Development_Credit_Authority wasDerivedFrom Development_Credit_Authority?oldid=581475597.
- Development_Credit_Authority isPrimaryTopicOf Development_Credit_Authority.