1987	2007	Growth
Revenue	$1.2M	$15.5M	13 times
Economic development fund - now called the Sarona Risk Capital Fund	$888,000	$8M	9 times
Contributions	$431,000	$2.6M	6 times
Membership - including non-member supporters	1,651	2,495 1,600	1.5 times 2.5 times
North American Staff	12	37	3 times
Clients	3,200 farmers and loan clients	2.2M	almost 700 times

What else has changed?

• In 1987, we were just beginning our first microfinance program in Haiti (75 loans @ $427 each), and MEDA was one of the pioneers of microfinance.
  • Today, microfinance is a global industry with more than 10,000 MFIs providing loans to 100 million clients.
• In 1987, we had just opened the Discovery Bay Designs factory in Jamaica with 23 employees, now closed.
  • Today, we don't own and operate companies, we try to partner with local companies to help them expand production and marketing. But we are now back in Jamaica doing microfinance in partnership with Scotiabank and a local organization.
• In 1987, we were just beginning a $3.5 million oxenization project in Tanzania, producing and marketing animal-drawn farm implements.
  • Today, we have just bid on a $100 million extension of our successful insecticide-treated mosquito nets project.

Click here to change your email address.
Click here if you wish to be taken off MEDAzine's mailing list.
To receive MEDAzine as text only, email us.