Funder

Development Credit Authority (DCA) is a broad financing authority that allows the Agency to use credit to pursue any of the development purposes specified under the Foreign Assistance Act (FAA) of 1961, as amended.

DCA seeks to provide USAID with the flexibility to make more rational choices about appropriate financing tools - loans, guarantees, grants or a combination - used in project development. DCA activities are designed and managed by USAID's overseas Missions.

The USAID Credit Guarantee program is designed to address market imperfections and provide credit where it would not otherwise be accessible.

USAID Credit Guarantees is not a fund but a credit guarantee facility.





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