MEDA is committed to measuring lasting impact. Gathering data on the work we do to create business solutions to poverty informs our decisions, adaptations, and interventions. By collecting and analyzing data, we can best contribute to our clients’ economic empowerment and prosperity.
With staggered client entry, our projects use a rolling baseline methodology that allows us to understand the starting point of their well-being and business performance. Program participants are assessed before they work with MEDA and then again throughout their interactions with us.
Surveys are used to establish cause and effect relationships. Surveys are comprehensive, attributable and allow us to gather the data needed to assess indicators related to the business success and wellbeing. Usually conducted annually, they allow us to measure results over time.
The stories of change approach is a form of participatory monitoring and evaluation. MEDA involves stakeholders at different levels to discuss the changes expected and to review which are the most important. This method is valuable for learning about what types of unanticipated changes may be occurring in a project.
At its core, this form of story collection is a simple process of asking our clients what changes they have seen in their lives since working with MEDA, and why these are important. Story collection is an effective monitoring tool because it can occur throughout the program cycle and provides information to help people manage and adapt the program over time.
These stories evaluate project efforts because they provide data on impact and outcomes to assess programmatic performance. Stories are not based on pre-defined indicators but instead involves a systematic process of selecting the most significant stories, chosen by a panel of designated stakeholders.