|Project Title||Mobilize Capital for Businesses in Asia and the Middle East|
|Project Summary||Conduct research, prepare analytics, and craft written communications to support the Development Credit Authority (DCA) Asia and Middle East team in mobilizing local capital to businesses in key development sectors such as renewable energy, agriculture, municipal service delivery, and health.|
|Agency||Agency for International Development|
|Number of Interns||1|
Support our team of four with project development, risk assessment, and portfolio monitoring of Development Credit Authority (DCA) partial-credit loan guarantees in Asia and the Middle East, with the goal of unlocking local finance for sectors that are critical to development. Your high-quality deliverables could include market research, financial data analysis, report drafting, and written communication pieces. Sectors and countries of interest will vary, but you will have the opportunity to identify and pursue a project of personal interest over the internship. Classroom and/or field experience in business administration, international economic development, Asia or Middle East studies; financial sector experience or coursework; international work experience; interest in a career in international development; strong analytical and communications skills; a self-motivator and team player with the ability to manage multiple workstreams and deadlines.
USAID’s Development Credit Authority (DCA) works with USAID Missions to design, issue, monitor, and evaluate partial credit guarantees. These DCA guarantees increase access to finance by encouraging financial institutions to lend to creditworthy but underserved borrowers in strategic development sectors. The guarantees, which generally cover 50% of loss of loan principal, use private sector wealth to stimulate broad-based, truly sustainable development. DCA guarantees have been used in a variety of ways, for example: to support municipal lending to increase access to clean water and clean energy; to enable health clinics to invest in medical equipment; and to facilitate recovery of businesses and families after natural or man-made disasters. DCA’s Asia and Middle East term works with in-country missions to develop and structure guarantees in Asia and the Middle East. For further information, please visit https://www.usaid.gov/what-we-do/economic-growth-and-trade/development-credit-authority-putting-local-wealth-work.