To mark International Women’s Day 2018, MEDA is highlighting important issues and voices around women’s economic empowerment and gender equality in the area of economic development. This is the fourth in our “Press for Progress” blog series celebrating the power of women entrepreneurs and their partners around the world.
This is an important day for me, my first time to celebrate International Women’s Day in Myanmar since I came in June 2017. I have been in development work for more than 25 years and been working on women-focused development projects in different countries – from Philippines, Bosnia, Eritrea, Afghanistan, Bangladesh, Ghana and now here in Myanmar.
While impact investing has become a buzzword in global development in recent years, the concept and practice had been around for decades before the sector even had a name. To take one perhaps under-recognized example, Mennonite Economic Development Associates (MEDA) was launched as an investment club in 1953, when a group of North American Mennonite business people joined together to support the development of businesses in Paraguay, Uruguay and Argentina.