Stories from the work MEDA does around the world.

Why you don’t want to miss Convention 2022!

Entrepreneurs create value: they dare to take an idea, turn it into a business, and share it with the world. They create jobs and drive prosperity for society. In the Global South, they play an especially vital role in raising living standards and uplifting communities.

Faith meets purpose: My work at MEDA

Faith for me is deeply connected to purpose. The idea that God designed & created us for a purpose – that we are not lost in space or condemned to an empty or meaningless life. God gave us life – and through life, we find purpose. If we don’t have purpose – we cannot feel like we are truly living.

“Getting a foot in the door”: How internships provide job experiences for young people that pay off

Around the world, youth unemployment remains a lingering problem, with millions of young people unable to contribute their time and talent to the workforce. In the long term, this means trouble: without a sense of purpose and experience, young people will be locked out of the labor market. This can quickly lead to increased poverty, especially among already marginalized groups, and floundering economies.

My Internship at MEDA

My name is Tianyu Wu, and I am the Monitoring and Impact Measurement team’s intern. I am currently pursuing a master’s degree in Quantitative Finance at the University of Waterloo. Apart from my academic life, I have many hobbies, for example singing, playing badminton, and reading.

On World Entrepreneur Day, let’s talk about dismantling systemic barriers to advance global entrepreneurship

On World Entrepreneurship Day, it is essential to recognize entrepreneurship’s role in our societies. The Global Entrepreneurship Development Institute (GEDI) defines entrepreneurship as “the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties to make a profit.” Simply put, without entrepreneurs, we wouldn’t have the creativity and innovation that is needed to meet new challenges and transform our societies.

Hearing from women entrepreneurs in Kenya and Rwanda: What we learned during MEDA’s Second Chance Success Project GLI Summit

The two-day MEDA’s Second Chance Success Window project Summit held at the end of July 2022 combined the robust findings, learnings, and recommendations from the Second Chance Success Project. The event brought together investment funds, financial institutions, civil society representatives, business development service providers, and women-owned small and growing businesses from Kenya and Rwanda.

The large role micro, small and medium-sized enterprises play in the world

As the global economy struggles to emerge from the hardships of a lengthy pandemic and ongoing conflict, hopes for recovery will rest largely on the resilience of micro, small-and-medium-sized enterprises (MSMEs). Fast-growing SMEs in particular are the biggest job creators – they tend to use more labor-intensive processes compared to larger enterprises, which encourages employment and can lead to more equitable income distribution.

Leading with love

I was born and raised in the Philippines, a predominantly Catholic country. The Philippines is one of only two nations in Asia with a substantial Catholic population, along with East Timor. The country also has the third-largest Catholic population in the world, after Brazil and Mexico.