Who Are We

Who Are We

Poverty remains the most pressing issue facing the Asia-Pacific region today. Good Return is the trading name of World Education Australia Limited, an international development agency affiliated with the global World Education Inc network, that works across the Asia Pacific region to deliver economic and social development programs for the financially and socially excluded. These programs focus on building financial inclusion through micro-finance and related skills development projects, organised around the four themes of Responsible Finance; Financial Capability; Research and Innovation; and Agri-business and Smallholder Solutions.

As an independent, registered Public Benevolent Institution (PBI), Good Return is regulated as a public non profit organsiation by the Australian Charities and Not-for-Profits Commission (ACNC), and has registered fund-raising authority in every State and Territory of Australia. The organisation is an ATO-approved deductible gift recipient (DGR) organisation entitled to receive income tax deductible gifts and deductible contributions. This means that donations over $2 are tax deductible for Australian residents.

Good Return is fully accredited by Australian Aid (Department of Foreign Affairs and Trade). This accreditation provides Australian Aid on behalf of the government and the Australian public with confidence that the Australian Government is funding professional, well managed, community based organisations that are capable of delivering quality development outcomes. Australian NGOs must be accredited by the Department of Foreign Affairs and Trade to be eligible for funding under the Australian NGO Cooperation Program (ANCP). The accreditation broadly qualifies us to receive grant assistance for our development work that leverages funds donated by the Australian public.

Good Return is also a member of the Australian Council for International Development (ACFID) and a signatory to the Council’s Code of Conduct. The Code establishes standards of accountability, transparency, and governance that ACFID members are committed and required to maintain.

The Good Return loan platform is a social enterprise launched in 2010 to address poverty issues in the Asia Pacific region. It is a website which enables individuals to connect with the working poor and provide them with a small loan so they can start or expand a small business. This in turn improves their livelihoods, grows their incomes, and changes their lives forever. Every individual listed on Good Return is genuine, and has a genuine need. By lending to the working poor, you’re able to make a substantial impact on helping them lift themselves out of poverty. The Good Return program is much more than a loan – through a range of microfinance, literacy and livelihood programs, and sustainable energy initiatives, Good Return works with local microfinance partners to ensure long-term benefits to families and their communities. We empower individuals and communities to build their own capability, engendering independence and releasing human potential.

Our History

World Education

Founded in India in 1951, World Education is a global not-for-profit organisation that meets the needs of the poor through economic and social development programs.

Over the past 6 decades World Education has worked in over 60 countries in all regions of the globe to provide training and technical assistance, with special emphasis on non-formal education approaches to livelihoods development, literacy, vocational training, environmental education, reproductive health, maternal and child health, HIV/AIDS education, and refugee orientation. We combine expertise and experience to provide training programs and technical assistance that strengthen the capacity of local communities, non-government organisations and government institutions.

World Education’s approach is characterised by a commitment to meaningful and equal partnership that is flexible and able to evolve over time, and is based on mutual interest and trust. World Education strives to promote local autonomy by empowering partners to plan and implement their own programs for social and economic change, appropriate to the local context and needs of grass-roots constituents to ensure sustainability of the programs.

World Education Australia

World Education Australia Limited (WEAL) was established as a not for profit, secular company in 2003 with the mission of improving the lives of the poor in the Asia Pacific region. Currently WEAL focuses on assisting communities to improve their living standards through livelihood development programs, and by improving their access to financial services. The track record and expertise of the Directors and staff has enabled WEAL to establish itself as a leading provider of microfinance, micro-enterprise and livelihoods support services in the region.

In addition to designing and managing projects together with World Education country offices globally along with other partners, World Education Australia also manages projects on behalf of bi-lateral and multi-lateral agencies, governments, and commercial and non-profit organisations. This has or currently includes Australian Aid (Department for Foreign Affairs and Trade/DFAT, formerly AusAID), Asian Development Bank, US Agency for International Development, GTZ (German Technical Development Agency), Central Banks in Indonesia, Laos, Cambodia, Nepal, Fiji and Solomon Islands, various UN agencies including UNDP, UNCDF and IFAD, and various corporates including Accenture, URS, Origin Energy, Westpac and others to provide microfinance expertise on a number of credit, savings and micro-banking programs.



When World Education Australia (WEAL) began in September 2003, we were a sub contractor, providing technical assistance and consultancy advice to regional development projects. We used this track record to build our profile as a specialist in microfinance, livelihoods and related non-formal education services in support of Australia’s aid program. During the year we worked on projects in Cambodia, Nepal, Bangladesh, Sri Lanka, and Vietnam.


2005 saw an expansion of WEAL’s overseas development activities, and an improvement in our financial performance. We participated in the UN International Year of Microcredit, which promoted more inclusive microfinance as a tool for alleviating poverty.  CEO Guy Winship presented in Canberra to the Senate Standing Committee for Foreign Affairs, Trade and Defence. WEAL also conducted a training session on microfinance for AusAID staff. Program activities continued to focus on Cambodia, Nepal, Bangladesh, Sri Lanka, and Laos.


In 2006, WEAL grew as Australians increased their awareness of the effort to reduce world poverty.  We were different from other development agencies because of our focus on education, developing skills that equip people to escape a life of poverty. As an institution we strengthened our financial performance, generating a small but respectable surplus of $30,249.   Our work continued with ongoing projects in Cambodia and other SE Asia countries, and also Bougainville in Papua New Guinea.


Our project work across Asia and the Pacific continued to grow. In addition to  Cambodia, Nepal, Sri Lanka, Laos, Bangladesh, and PNG, WEAL branched out to Vanuatu and Tibet. In Nepal, the Resunga Mahila project to bring literacy, livelihoods and microfinance to rural women was a success. By year end  15,330 women were actively participating in savings and loan groups, 8,377 had completed literacy and numeracy skills training, and over 11,000 women invested in a family enterprise.


This year we started to build Good Return, our brand and public face that allows us to engage directly with the Australian public.  To support this ground breaking platform, we benefited from funding partnerships with leading Australian corporates such as Westpac.  The year also saw recognition of WEAL’s program performance and institutional strength when AusAID granted us base accreditation status in June. In addition to our work across the region, we were retained to advise on a Community Education Program in regional Australia.


After years of growth, 2008 saw a sharp deterioration in the world economy. While the global financial crisis was heavily concentrated in the developed world, its side effects hit vulnerable people across many Asia Pacific nations. During the year, WEAL cemented its role as a project manager and technical adviser, supporting UN and other world agencies in the fight against poverty. In this we continued to run projects in Tibet, Nepal, Cambodia, Laos, Solomon Islands, and Timor Leste. But in parallel, we developed Good Return as the online loan portal that offered Australians a new way to help those living in poverty. This ‘peer to peer’ lending site fosters a personal connection between generous donors and individuals who seek credit to grow their enterprise.


2010 was a year of progress at WEAL, with the highlight being the launch of the Good Return website. We also continued to work in partnership with MFIs on the design and delivery of needs-based education and microfinance programs. In Nepal and East Timor, we trained more than 1,600 women in basic literacy and financial skills, and developed over 70 staff of our local microfinance partners. We also saw a new emphasis on sustainability. Our Skills for Life project with Accenture Australia helped to finance the spread  of renewable energy technologies such as solar lighting and fuel efficient stoves to rural people in Timor Leste and the Philippines.


In 2011, Good Return financed our 1,000th borrower, a Nepalese woman  farmer who used her loan to plant the spice cardamom. Good Return attracted  30,000 visitors to the website with valuable support from our corporate partners, including a long term grant from the Origin Foundation.  Ongoing programs delivered  training in literacy and livelihood skills to 1,400 women in East Timor, Laos, Philippines, Tonga, and Nepal.


While WEAL remains our corporate name, Good Return is now firmly our public face. In March, it reached the milestone of funding 2,000 women across the region.  Our maturity was rewarded when the Commonwealth agency AusAID accorded WEAL full accreditation status, making us eligible for significantly more government grant support.  AusAID and Australian public funding supported our Sustainable Livelihoods training of 6,215 women in East Timor, Nepal, Tonga, Laos and the Philippines. Our Sustainable Energy initiative encouraged  development of supply chains that allow the rural poor to buy household solar power systems and fuel efficient cook stoves.


In 2013, WEAL celebrated its tenth anniversary. From a start-up development agency to today’s leading provider of financial and livelihood training, WEAL has come a long way. A milestone was reached in June, when Good Return funded its 5,000th borrower having disbursed over $1 million in loans. In Cambodia, Fiji, Laos, Indonesia, Tonga, the Philippines, and Nepal, the team continued delivery of our unique curriculum of education for the poor. We also expanded our capacity-building remit to strengthen the social performance of our MFI partners. This requires them to look beyond just financial goals. We ask them to introduce client protection and more transparent loan pricing procedures, and extend fair and affordable financial services to those not served by banks.

Our Vision, Mission & Values

Our Vision

A world without poverty where people have access to resources and opportunities to improve their own lives.

Our Mission

To enable those living in poverty to achieve economic empowerment through responsible financial inclusion and capability development. We achieve our mission by engaging strategically with partners to innovate and strengthen financial and economic inclusion solutions. We work with the economically excluded and marginalised, targeting those living on less than $2 a day, with an emphasis on the poorest. We work primarily in rural communities, with women, men and youth. We believe that we can best effect change and champion the voice of those living in poverty by working with those that share our values.

Our Values

Remuneration philosophy and strategy

The World Education Australia remuneration philosophy and strategy has been designed around principles which aim to be transparent and ensure the best outcomes for all stakeholders. We aim to hire and retain the most talented employees available, offering salaries which are fair and competitive in relation to our peers in the non-profit sector. Employee performance is reviewed against a balanced scorecard of financial and non-financial measures, and increases paid accordingly on the base within fixed percentage bands. Increases in total remuneration are based on affordability and growth, with the board allocating available funds cognisant of our responsibility to all stakeholders.