Development Credit Authority. Putting local wealth to work.


USAID's Development Credit Authority puts $2 billion in the hands of entrepreneurs in 67 countries

Without spending U.S. funds



picture of Abe and chicken

Meet Abe. He can't get a loan.

Abe lives in Ethiopia and wants a loan to build a poultry farm. His local bank has the money but prefers ultra-safe investments.

In emerging markets, eight out of ten small businesses cannot access the loans they need to grow.

Conservative lending practices and the inherent challenges of financing small businesses mean that many creditworthy borrowers are unable to access the private capital they need to thrive.



picture of woman and U.S. map

Enter USAID.

USAID provides business guidance to Abe and shares risk with the bank if Abe cannot repay his loan.

USAIDís Development Credit Authority (DCA) uses risk-sharing agreements to mobilize local private capital to fill this financing gap.

DCA works with investors, local financial institutions, and development organizations



Abe's farm

Abe gets a loan to build his farm.



dollar bills

Abe pays back his loan, just like 98.25% of USAID-supported borrowers do.



Abe's farm benefits the community.

It increases the local food supply. Abe's farm produces over 5 million eggs a years, equal to the amount of people in Ethiopia's capital.

It supplies clean water for community. Over 200 harousehold now have free access to Abe's well.

It creates local employment. Abe increased his employees from 20 to 50.

It provides educational opportunities. Abe can now afford to send his two children to a better school.


Empowering people like Abe around the world.

After participating in USAID's guarantee program, banks 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 needing a USAID guarantee.



The program designs and delivers investment alternatives that unlock financing for U.S. Government priorities. Whether itís getting working capital to promising entrepreneurs or input financing to small farmers, DCA seeks to prove the commercial viability of underserved markets so that lending and investment continues long after we exit. Through DCA, more than 300 transactions between financial institutions and USAID have made up to $2.3 billion in private financing available for more than 100,000 entrepreneurs around the world. By the end of 2016, DCA aims to more than double the amount of commercial capital mobilized, putting an additional $2 billion in private financing to work.