AGFUND

http://www.agfund.org/
AGFUND is a non-profit regional development institution, established in 1980 by the initiative of HRM Prince Talal Bin Abdul Aziz Al Saud.

I was going to download the Annual Report to see what has been happening but the latest one on the site was for 2004, which is a bit historic for me.

There are a number of ongoing projects including the Bank of Poor. Talal Bin Abdul Aziz is quoted as saying: "The bank's hankering for the rich only will always marginalize the role of the modest and the poor in the development and progress of their countries".

Another ongoing project is the Kindergarten Project which aims to create “a rich experience that enabled it to monitor the different aspects of this important stage in child's life and to identify the shortcomings involved in fulfilling the needs of the Arab child.”

What I learned that was special:
• AGFUND International Prize is an annual prize honouring the pioneering development projects in the developing countries. The Prize consists of a financial reward of US$ 300, 000 in addition to trophies and certificates of recognition.