Devis Helps USAID’s DCA Improve Access to Finance
Arlington, VA (March 09, 2016).
Devis proudly supports the Credit Management System (CMS) that USAID’s Development Credit Authority uses to guarantee developmental loans across the globe – nearly $700M worth in the last year alone. By offering loan guarantees to local lenders, DCA’s system lets banks in developing countries engage with and support local businesses and entrepreneurs in those countries, giving developing economies the critical support necessary to strengthen and mature. Using CMS, DCA records, tracks and manages the loan guarantees which make this financial support possible. Since its inception in 1999, DCA has been able to mobilize over $4.2 billion in loans in the developing world in this fashion, creating and strengthening local enterprises in agriculture, manufacturing, forestry, water and health sectors of developing economies across the world.
For more information about DCA and their current portfolio, visit the DCA homepage.
About Development InfoStructure, Inc. (Devis)
Development InfoStructure, Inc. (Devis) was founded in 1992 to provide innovative, practical approaches to information management. Devis is a leading provider of IT Consulting services and solutions to Federal, State, and Local Governments as well as the international development community. Devis' standards-based, vendor-independent approach and active support of the open source community help maximize the return on clients' IT investments.