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Demand for education finance products from schools and parents continues to grow globally, as last month's The Economist Special Report reminds us. This is also clear from the wide interest expressed by financial institutions to participate in our EduFinance program and, ultimately, invest more in the education sector worldwide. Since the start of the year we have built a strong pipeline of financial institution partners in Nigeria and India to both launch and grow education lending portfolios. In addition, we have expanded our work with financial institutions in Ethiopia, Democratic Republic of Congo, Rwanda, Pakistan and Peru to increase access to quality education in these countries. We have seen impressive growth in EduFinance loan disbursements, with an average of 8 School Improvement Loans being disbursed each day to build school infrastructure, from more classrooms to new washroom facilities, and to buy assets, such as school buses and computer equipment. We continue to pursue innovative costreduction initiatives without compromising our service quality, to maximize the impact our funding for the benefit of children, parents, and educators.